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Electric vehicle (EV) benefits and savings

With more and more EVs hitting the road every day, SRP is a proud provider of the fuel of the future. We offer resources, rebates and more to support drivers who are ready to make the switch.

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    Reducing carbon emissions, one EV at a time

    EVs have zero tailpipe emissions, which means they don’t give off the harmful gases that contribute to global warming.

    SRP is working to support the enablement of 500,000 EVs in our service territory, while managing 90% of the EV charging load, by 2035. As we evolve the power grid to support EV charging on a larger scale, we're building an active community of EV owners who can guide our efforts by sharing their wants and needs. Join the community.

    Making the switch to an EV

    Thinking of going electric? There are many benefits to buying an EV – cheaper “fuel,” less maintenance and access to the HOV lane, to name just a few.

    If you’re still on the fence, you can use our handy calculator to see your full savings potential. Calculate your savings.

    Charge at home at your convenience

    After deciding which EV is right for you, the next step is finding the right at-home charging station.

    Choose your voltage

    Your EV dealer can tell you what type of charging station your car requires.

    Types of at-home EV charging stations
    Level 1 (120 volts)  Level 2 (240 volts) 
    • Most EVs come with this charger 
    • Uses a standard 120-volt wall outlet 
    • Doesn’t require changes to your electric panels or home wiring
    • Most plug-in hybrid EVs take 4–6 hours to fully charge
    • Battery EVs take 12–24 hours to fully charge
    • What to tell your licensed electrician: “I need to make sure my home has either a 15- or 20-amp single-pole circuit breaker.”  
    • An upgrade from standard-issue chargers
    • Uses a standard 240-volt wall outlet
    • Cuts battery EV charging time down to 4–8 hours 
    • Most likely requires a new, dedicated circuit from the electric panel to a wall near your EV parking spot 
    • What to tell your licensed electrician: “I need to make sure my home has a two-pole 30- to 80-amp electrical circuit breaker panel.” 

     

    Plug into SRP rebates

    Did you know that SRP customers can save $250 on a Level 2 smart charger by shopping SRP Marketplace? Browse our selection of discounted chargers today. SRP also offers rebates for eligible chargers purchased elsewhere.

    Get an EV charger rebate.

     

    Get the right price plan

    We offer a special price plan for EV drivers. The Electric Vehicle (EV) Price Plan is a time-of-use price plan that is designed to help EV owners save.

    In fact, daily charging costs on the EV Price Plan can be as low as $.70.*

    This plan may be a good fit for you if you can commit to 1) using less energy during on-peak hours (when energy is more costly) and 2) charging your vehicle at home between 11 p.m. and 5 a.m.

    Sign up today or contact SRP at (602) 236-8888(602) 236-8888 for more info.

    Install your charging station

    We recommend hiring a licensed electrician to install your charger. Here are some questions to ask your electrician:

    • "Do you have experience installing home EV chargers?" Even the most experienced electricians may not be familiar with the specific requirements of EV charging stations.
    • "Do I need to upgrade my electrical panel?" EV chargers require a dedicated circuit. If you don't have an available circuit, you may need to install a sub-panel.
    • "Will I need ventilation?" If your electric vehicle supply equipment is suitable for indoor charging, it will be labeled as such. In all other cases, permanent mechanical ventilation to intake and vent directly to the outdoors is required.
    • "Does my city require permitting and inspections? If so, will you (the electrician) submit the necessary permits and oversee the inspections?" Not all electrical work or installations require permits and inspections. Determine what will be required and how the electrician can help with this process.

    Note that permitting and inspection requirements may vary depending on where you live. Check with your municipality for more information. SRP has worked with local cities to create an EV installation plan to help simplify the permitting process.

    Powering your EV journey

    Our grid powers your ride, and we want to ensure it’s ready for the increasing number of EVs expected to connect in the years ahead.

    A reliable grid paves the way

    Currently, there are more than 27,000 electric vehicles in SRP’s service territory – we expect that number to grow to 500,000 by 2035. Will our grid be able to handle that increase in demand?

    With the right management, yes.

    That’s why SRP has set goals to ensure our grid is reliable, efficient and secure – so that you, and many others, can invest in an EV with confidence. See our 2035 goals.

    Find a quick charge around town

    We’re excited that more and more SRP customers are choosing EVs and we want to offer our support.

    SRP is partnering with EVgo and Electrify America to sponsor public charging stations around the Valley. These stations will provide fast charging – think minutes, not hours.

    Find charging stations on the go. Download the PlugShare app.

    FAQ

    Still have questions about EV benefits and savings? We’ve got answers.

    We used to, but not anymore. We do offer a charger rebate. Residential electric customers are eligible to receive a $250 instant rebate on a Level 2 charger.

    We also offer a $50 power bill credit for customers who join our EV Community.

    Because EVs need to be charged regularly to run, you might see an increase in your electric bill. But the exact amount depends on a few factors: your car’s battery size, how often you drive and the rate of your plan.

    In fact, daily charging costs on the EV Price Plan can be as low as $.70.*

    Keep in mind that you’ll be saving on fuel. We also offer an Electric Vehicle Price Plan designed to help EV owners save.

    If you’re on the EV Price Plan, we recommend charging during super off-peak hours (between 11 p.m. and 5 a.m.) or during regular off-peak hours on other time-of-day plans.

    We don’t have specific referrals, but we do have some great resources:

     

    *Results may vary. Assumptions: Level 1 charging average of 10.5 kilowatt-hours (kWh) per day for an average of 30 miles driven. Vehicle charging occurs between the hours of 10 p.m. and 5 a.m. Prices reflective of the summer season (May–October). Calculations do not include costs associated with daily house loads, monthly service charge and taxes. Price comparison for Basic (E-23) is based on the typical customer use profile.
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