Install a solar energy system at home
and get cash back
Let the sun power your home with SRP solar energy. At SRP, we know few things are as integral to our lives as the sun. It lights our sky, warms our bodies, and now can power your home. EarthWise Solar Energy is a program designed to help reduce the cost of installing a new solar electric or solar water heating for your home.
There are two ways to participate:
Solar water heater
SRP residential customers who install
a solar water heating system qualify for a payment
of $0.50/installed kWh (kilowatt hour) of energy
savings, based on a OG-300 rating from
the Solar Rating and
Certification Corporation.
Here's an example of the costs and
incentives associated with the
installation of a solar water heating system:
| Rating |
Typical cost¹ |
SRP solar incentive |
Arizona tax credit² |
Federal tax credit³ |
Net cost |
Annual savings4 |
Simple payback |
| 2,600 kWh |
$4,400 |
$1,300 |
$1,000 |
$1,320 |
$780 |
$234 |
3 years |
- Costs may vary depending upon the contractor and materials you select.
- The Arizona tax credit is 25% of the cost, capped at $1,000.
- The federal tax credit is 30% of cost, capped at $2,000. This tax credit expires on 12/31/08.
- Savings are calculated based on an annual energy production of 2,600 kWh at $0.09 per kWh.
Applying for the water heater incentive
If you plan to install a solar water heater, please review:
Solar electric system
When you install a solar electric system, SRP will help defray your cost with an incentive of $3 per watt, up to $60,000. Here's an example of the costs and incentives associated with the installation of a system:
| Size |
Typical cost¹ |
SRP solar incentive |
Arizona tax credit² |
Federal tax credit³ |
Net cost |
Annual savings4 |
Simple payback |
| 4 kW |
$28,000 |
$12,000 |
$1,000 |
$2,000 |
$13,000 |
$576 |
23 years |
- Costs may vary depending upon the contractor and materials you select.
- The Arizona tax credit is 25% of the cost, capped at $1,000.
- The federal tax credit is 30% of cost, capped at $2,000. This tax credit expires on 12/31/08.
- Savings are calculated based on an annual energy production of 1,600 kWh per kW-DC at $0.09 per kWh.
Applying for the solar electric incentive
If you plan to install a solar electric system, please review:
Customers installing a solar electric system but not applying for an incentive should fill out the solar electric non-incentive application (PDF).
Find out more
If you have questions about SRP EarthWise Solar Energy, please contact a
solar representative at (602) 236-4448, or write to:
SRP EarthWise Solar Energy
Mail station PAB 355
P.O. Box 52025
Phoenix, AZ, 85072-2025
SRP EarthWise Solar Energy is also available to business customers.