Commercial solar electric options from SRP EarthWise Solar Energy

Costs may vary depending upon the
contractor and materials you select.

SRP one-time incentive may be considered taxable income.
Please consult a tax professional.

The Arizona tax credit is 10% of the cost,
capped at $25,000. The federal tax credit
is 30% of cost, with no cap. It expires in 2012.

The federal tax credit is 30% of cost, with no cap. It expires in 2016.

Savings are calculated
based on an annual
solar energy production of
1,600 kWh per kW-DC
at $0.08 per kWh,
and will vary based on
the size of the system
installed, orientation
and energy consumption.

Does not include
additional tax savings that
may be possible through
accelerated depreciation.

Costs may vary depending upon the
contractor and materials you select.

The Arizona tax credit is 10% of the cost,
capped at $25,000. The federal tax credit
is 30% of cost, with no cap. It expires in 2012.

The federal tax credit is 30% of cost, with no cap. It expires in 2016.

The $0.147 per kilowatt hour incentive corresponds
to a system with an annual energy production
of 1,600 kWh per kW-DC. Actual incentive based on
performance of the system. SRP annual incentive
may be considered taxable income. Please consult
a tax professional.

Important changes

SRP has made changes to its policies regarding leased solar electric systems. You can review these changes here.

SRP EarthWise™ is proud to offer the following options for installing solar energy for businesses:

Small solar electric systems with one-time incentive

When you install a solar electric system, SRP will help defray your cost with a one-time incentive of $2 per watt*, up to $60,000 (through April 30, 2011). Here's an example of the costs and incentives associated with the installation of a solar electric system:

*The $2 per watt incentive is based on a purchased system or 20-year lease term. For lease terms less than 20 years, the incentive will be prorated.

Size	Typical cost	SRP one-time incentive	Arizona tax credit	Federal tax credit	Net cost	Annual savings	Simple payback
30 kW	$195,000	$60,000	$19,500	$58,500	$57,000	$3,840	15 years

Large solar electric systems with production-based incentive (PBI)

The commercial solar electric incentive operates under a production-based incentive program (PBI) for projects 30kW and greater. The incentive cap is 300kW DC per location.

SRP commercial customers will receive a fixed rate incentive of $0.147/kWh produced for a period of 20 years.

Here is an example of the costs and incentives associated with the installation of a solar electric system under the 20 year plan:

Size	Typical cost	Arizona tax credit	Federal tax credit	Net cost	SRP annual incentive	Annual savings	Simple payback
100 kW	$650,000	$25,000	$195,000	$430,000	$23,520	$12,800	12 years

For example, under the 20 year agreement, a customer with a 100kW system that generates 14,100 kWh for the month of March will receive a credit of $2,072 towards the next month's bill.

14,100 kWh X $0.147 = $2,072

SRP desires to maximize the number of customers who can participate and may adjust the program incentive level if the funds are quickly reserved. Under the PBI program, once a total capacity of 5 MW (5,000 kW) has been reserved for SRP's fiscal year (May 1 - April 30), any additional applications received will be reserved at the following fiscal year's incentive level. Under the one-time incentive program, once a total capacity of 0.5 MW (500 kW) has been reserved for SRP's fiscal year, any additional one-time incentive applications received will be reserved at the following fiscal year's incentive level. SRP reserves the right to adjust the incentive calculation method, including the amount per kWh, and cap at any time for any reason. SRP reserves the right to discontinue or suspend the EarthWise solar energy program at any time by posting a notice on the SRP website.

Applying for the solar electric incentive

NOTE: Submitting an application electronically does not result in an incentive reservation. The incentive reservation will be issued once the following documents have been received by SRP:

Signed copy of the SRP EarthWise Solar Incentive Application Agreement

Signed Bill of Sale

Signed Contract or Letter of Intent

Copy of Form W-9 for the entity to receive payment

Copy of customer's most recent SRP bill

If you plan to install a solar electric system, please review the following:

Process checklist
This document details the step-by-step process for completing a solar application through the SRP EarthWise Solar Energy program.
Arizona Solar Energy Industries Association (AriSEIA)
To view a list of local vendors and contractors specializing in solar energy.
Sample solar electric agreement (terms and conditions)
- Small solar with one-time incentive
- Large solar with production-based incentive (PBI)
  - Agreement package consists of a PowerClerk application and signed contract between the contractor and customer. Contact SRP EarthWise Solar to gain access to PowerClerk. The solar contractor typically completes the PowerClerk application.
  - After SRP has received and reviewed the application, you will receive a funds reservation letter pending our funds availability
Solar electric application and agreement addendum
This form must be completed and signed by the customer and submitted to SRP when modifications are made to an existing application currently in process and prior to commissioning.
Solar electric commercial distribution interconnection sample agreement (based on AC nameplate inverter rating)
- For systems 100kW and under
- For systems 101kW or greater
Certificate in lieu of clearance
This form must be submitted to SRP when local authorities do not require a permit or inspection for installation.
Net metering and Buyback service riders
Sample drawings
These drawings illustrate the information required of the site plan and three-line electrical diagrams.
Remote disconnect information (for systems 101kW-AC and above)
Final payment will be adjusted based on a 30 day performance test (for all systems applying for the one-time incentive, please review the Terms and Conditions).
Customers installing a solar electric system but not applying for an incentive should fill out the Non-Incentive Commercial Solar Electric Application.

Find out more

Check the yearly incentive amounts for solar electric systems through April 2015.
Learn more about Arizona incentives and policies by visiting the Database of State Incentives for Renewables & Efficiency (DSIRE).
Visit the Arizona Registrar of Contractors (ROC) website to ensure your contractor has the appropriate license.
Check to see if your business resides in SRP service territory.
Learn more about Solar Water Heating by looking at Solar Rating and Certification Corporation (SRCC).
Learn more about local solar contractors by visiting the Arizona Solar Energy Industries Association (AriSEIA) or the Arizona Solar Center.
Learn about SPATIA and how you can monitor your systems production
Learn about the SRP EarthWise Solar Energy program for commercial solar water heating projects.

If you have questions about SRP EarthWise Solar Energy, please contact a solar representative at (602) 236-4663, 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 residential customers.

One-time reservations
in kilowatts

500

370

0

Updated July 8, 2010

PBI reservations
in kilowatts

5000

1163

0