Get a Cool Cash Rebate on a high-efficiency AC
How do you stay cool in the summer? A straw hat is a great start, but the SRP Cool Cash™ Rebate Program can help take the heat off. You can get up to $400 back when you replace your current air conditioner or heat pump with a qualifying high-efficiency system.

Correct sizing of the system and proper installation are critical to ensuring your energy savings and maximum indoor comfort. Our Cool Cash program requires contractors to verify that your new air conditioner meets industry standards and manufacturer specifications to operate at peak efficiency.
The chart below identifies the rebates available for the various equipment configurations.
AC units
Heat pumps
Program details
To participate in the program, you must:
- Be a current SRP residential electric customer with an existing home (new construction is
ineligible).
- Replace an existing central heat pump or central air conditioner with a new high-efficiency
central heat pump or central air conditioner (window units and new construction do not qualify)
that meets minimum efficiency ratings.
- Have the qualified system installed by a residential licensed contractor between May 1, 2012, and April 30, 2013. Both indoor air handler and condensing units must be replaced on split systems.
How to apply
- Fill out a rebate application with the assistance of your contractor, and mail it to the following address:
SRP Cool Cash Rebate Program
2702 N. Third St., Suite 2020
Phoenix, AZ 85004
- Remember to include a copy of the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) certificate that states the certified efficiency rating of your new system. Applications and the AHRI certificate can also be obtained by calling (602) 264-3108. All applications must be postmarked by
May 31, 2013.
- Upon request by SRP, you must allow SRP or our agent to inspect the installed unit to verify
compliance with all incentive program requirements.
- For a referral to a licensed contractor or for more information about the application process,
call
(602) 264-3108 or the SRP Certified Contractor Program at (602) 274-6808.
NOTE: SRP reserves the right to change or cancel this promotion or its terms and conditions at any time.
Terms to know
- Seasonal energy efficiency ratio (SEER): measures how
efficiently a central cooling system (air conditioner or heat pump) will
operate over an entire cooling season
- Energy efficiency ratio (EER): measures how efficiently
a cooling system will operate when the outdoor temperature is at a specific
level (usually 95º F)
- Heating season performance factor (HSPF): measures how
efficiently heat pumps will operate in their heating mode over an entire
heating season
Sealing leaky ducts can save $200 a year on cooling and heating costs
Before purchasing your new air conditioner, get your air ducts tested and repaired (if necessary). Sealing your ducts increases efficiency and can lower energy bills.
