What Are the APS and SRP Solar Programs?

There are currently two active solar programs offered by APS and SRP. APS has been running a residential battery pilot program since October 4, 2021. SRP offers the Solar Choice program. If you’re considering going solar, here’s what you need to know.

SRP Solar Choice Program

According to SRP, by signing up for the SRP Solar Choice, you can choose to offset your energy use with clean, renewable solar energy.
This approach is called “utility-scale” solar. Working together with Arizona solar farms, SRP is able to distribute solar energy to customers through the power grid. Even homeowners who don’t have solar panels or enough solar panels for all their energy needs.
With SRP Solar Choice, you’ll pay only half a cent per kilowatt-hour (kWh) on top of your current price plan. That’s an increase of 2%–4% based on how much of your home’s energy use you choose to offset.

For instance, if you used 1,500 kWh one month and chose to offset 100% of your energy use, your SRP Solar Choice premium would be $7.50. If you chose to offset 50% of your energy use, your premium would be $3.75.

APS Solar Residential Battery Pilot

The APS Residential Battery Pilot has two options available:

Option 1: Homeowners who select the data only option agree to share their battery system performance data with APS. This provides eligibility for an incentive of $500 per installed kW of battery capacity, with a maximum incentive of $2,500 per house.

Option 2: With the Data and Battery Management option, the customer agrees to give APS access to data associated with the battery system and share up to 80% of the battery system’s capacity for a maximum of 100 events a year. Homeowners are eligible for an incentive of $500 per installed kW (up to $2,500 per home) for installed battery capacity plus an additional $1,250, with a maximum incentive of $3,750 per house.

Go Solar and Support Solar

The solar experts at Cool Blew Solar can provide you with more information on the APS and SRP programs. Call us today for a free solar energy assessment or for additional solar energy information at 623-234-2836.

FAQ's

Is Solar Energy Expensive?

The size of your panel installation and the needs of your home will affect your costs. The average net cost of a 5.69kW system is $13,838 cash after 30% rebate (according to solar-estimate.org). An average-sized system can cost up to $35,000. Larger installations will require more hardware, planning and construction time. This can further increase costs. While solar panels are expensive, they have many distinct benefits. Cool Blew Electric & Solar’s experts can assess your situation and goals and recommend a cost-effective system to meet your needs.

How Much Can I Save By Installing Solar Panels?

An average-sized system (5 kilowatts) can reduce up to 50% of your monthly electricity bill. A 5.69kW system would offset 100% of your energy usage if your typical monthly bill is $138. Over a period of 20 years, these savings can add up to $30,000, based on your location and energy usage.

How Long Would It Take to Recoup My Solar Investment by Solar Energy Savings?

With a 5.69kW Solar system you would recoup your savings in 7 years and 2 months but with continuous Utility increases every year your Return and Investment will be much sooner.

What is a Solar Lease Program?

The Solar Lease Program has been one the most popular option that homeowners have chosen over the years. Solar Lease programs gives homeowners the opportunity to take advantage and put Solar on their homes and a guaranteed savings from their Utility for little to no money out of pocket. Most Leases are 20 year power guarantee from the solar provider and includes fixed monthly payments, no repair cost, fully insured and warrantied for the life of the system.

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What are the APS and SRP Solar Programs?