For all you Phoenix-area customers of SRP, remember that the utility’s EarthWise Solar Energy Program’s excellent solar rebate is due to scale back at the end of April 2010. Right now, residential ratepayers can save up to $13,500 on the cost of a home solar installation. Also, the program offers strong incentives for commercial solar installations of all sizes:
- Commercial solar installations <50 kw receive a rebate equal to $2.25/watt, or about 30 percent of system costs (up to a maximum rebate of $112,500)
- Commercial solar installations 50-300 kw receive a production-based incentive calculated as $0.16 per each kWh produced by your solar panels for 20 years; alternatively, you can choose a higher rate ($0.214/kWh) for a shorter contract period (10 years)
Phoenix solar installers are at the ready to provide you with quotes for your home or business. This is a great time to go solar–take advantage of the high solar rebate levels from SRP before it’s too late.
