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SRP EarthWise Solar Energy also is available to business and commercial customers. Learn more.
SRP residential customers are eligible for EarthWise Solar Energy. There are two ways to qualify for an SRP
EarthWise Solar Energy payment:
1. Install a photovoltaic system
When you install a photovoltaic system, SRP will help defray your cost with a payment of $3,000 per kilowatt
(kW), up to 3-kW (or $9,000). Although you may install a system larger than 3-kW, $9,000 is the maximum
payment amount from SRP EarthWise.
Here's an overview of the costs, and EarthWise payments, associated with the installation of a photovoltaic
system:
_______________________________________________________________________________________
System size Typical cost* AZ tax credit EarthWise Federal tax credit Your net cost*
Solar Energy
payment to you
_______________________________________________________________________________________
1-kW $7,000 $1,000 $3,000 $900 $2,100
_______________________________________________________________________________________
2-kW $14,000 $1,000 $6,000 $2,000 $5,000
_______________________________________________________________________________________
3-kW $21,000 $1,000 $9,000 $2,000 $9,000
_______________________________________________________________________________________
Annual savings:
1-kW system: $166, with an energy savings of 9%. Simple payback of 13 years.
2-kW system: $333, with an energy savings of 19%. Simple payback of 15 years.
3-kW system: $499, with an energy savings of 28%. Simple payback of 18 years.