Salt River Project - Business Energy Efficiency Programs

August 15, 2024

Summary

Program Overview

Salt River Project, or SRP, is a community-based, not-for-profit organization providing affordable water and power to more than 2 million people in central Arizona.  SRP offers rebates to help SRP business customers manage energy usage and increase the energy efficiency of participating facilities.

For SRP’s energy efficiency programs, a customer is a company or organization that receives electric service from SRP under an approved SRP price plan. A customer may be a holder of a single account, multiple accounts in aggregate, or corporate accounts. A customer who is the holder of multiple accounts or corporate accounts with a single SRP customer identification number will be considered a single customer and may participate in multiple SRP programs subject to rebate caps and program requirements. To participate in the Program, a customer must install qualifying measures in a facility on an SRP non-residential retail electric price plan. Eligible price plans include E-31, E-32, E-33, E-34, E-36, E-47, E-48, E-61, E-63, E-65, E-66, or E-67.

SRP offers a range of energy efficiency opportunities to help commercial and industrial customers save energy and money. Reduced energy costs, technical assistance, and/or incentives are available for qualifying customers. Below is a summary of other available commercial and industrial energy efficiency and electrification programs. Additional information regarding eligibility requirements, rebates, and participation processes is available at www.savewithsrpbiz.com or by contacting the Program Administrator.

Small Business Energy Efficiency Rebates

Customers must be on the E-32, E-34, E-36, E-47, or E-48 price plan and use less than 300,000 kilowatt-hours a year across all accounts, eligibility is divided into two tiers:

Tier 1: A total energy consumption, across all accounts, of < 145,000 kWh over the last 12 monthly billing cycles

Tier 2: A total energy consumption, across all accounts, between 145,000 and 300,000 kWh over the last 12 monthly billing cycles

Facilities must also meet the following criteria:

  • Was built prior to 2017 or originally built for a different end-use
  • Hasn't had a lighting system upgrade within the past four years
  • Doesn’t already have a smart/Wi-Fi-enabled thermostat
  • Has been occupied by the same account holder for a full 12 months

New Construction Program Eligibility

To participate in the program, the project must:

  • Be a new commercial, industrial or multifamily construction project in the early stages of design
  • Involve a professional design team and established energy efficiency goals
  • Expedited Track: minimum 20,000 square feet of conditioned floor space
  • Enhanced Track: minimum 50,000 square feet of conditioned floor space or 20,000 square feet for Multifamily
  • Exceed the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) standard 90.1 2013 by 10% or more
  • Be located in SRP service territory and enrolled in a qualified price plan

Building Systems Upgrade/Retrocommissioning Program Eligibility

To participate must be an SRP customer enrolled in an eligible nonresidential retail electric price plan. In addition:

  • Mid-sized facilities building tuneup: Buildings must be at least 15,000 square feet, at least 2 years old, and use package HVAC units.

  • Traditional Retrocommissioning & MBCx: Buildings must be at least 50,000 square feet, at least 2 years old, and have a functional energy management system. There is one exception: New construction buildings that are at least 150,000 square feet can qualify for monitoring-based commissioning.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: Arizona
Incentive Type: Rebate Program
Web Site: https://www.srpnet.com/energy-savings-rebates/business/savings-tools
Administrator: Salt River Project
Start Date:
Eligible Renewable/Other Technologies:
  • Dishwasher
  • Refrigerators/Freezers
  • Equipment Insulation
  • Water Heaters
  • Lighting
  • Lighting Controls/Sensors
  • Chillers
  • Heat pumps
  • Air conditioners
  • Compressed air
  • Programmable Thermostats
  • Energy Mgmt. Systems/Building Controls
  • Building Insulation
  • Windows
  • Doors
  • Roofs
  • Motors
  • Motor VFDs
  • Processing and Manufacturing Equipment
  • Comprehensive Measures/Whole Building
  • Custom/Others pending approval
  • Other EE
  • Insulation
  • Vending Machine Controls
  • Commercial Cooking Equipment
  • Personal Computing Equipment
  • Data Center Equipment
  • Reflective Roofs
  • Pool Pumps
  • LED Lighting
  • Commercial Refrigeration Equipment
  • Industrial Systems General
  • Industrial System / Process Specific
  • Building Systems
  • HVAC
  • Load Management
  • Medium-Duty Electric Vehicles
  • Heavy-Duty Electric Vehicles
  • Level-2 Electric Vehicle Service Equipment
  • Direct Current Fast Charging Equipment
Incentive Amount: Standard Business Rebates
Lighting, HVAC, Compressed Air, Refrigeration, Data Center, Kitchen Equipment, and other rebates are available at the link above.

Business Demand Response
This program pays businesses to cut energy consumption during periods of peak demand. Program participants earn payments for curtailing electricity consumption. See the program link above for more information

Custom Energy Efficiency Rebates
$0.08 per kilowatt-hour for the first year of electricity savings plus $300 per average peak kW saved, up to 75% of the incremental cost. Because each project is different, savings are determined on a per-project basis. See the program link above for more information.

Small Business Energy Efficiency Rebates
SRP business customers can receive a no-cost energy assessment ($125 value) and discounts that cover 25%–75%* of the costs for new energy-efficient equipment, including: Smart Thermostats, Lighting Upgrades, and HVAC equipment. See the program link above for complete information

New Construction Rebates
This program offers energy design assistance service rebates, design team service rebates, and two tiers of building owner equipment rebates. See the program website above or contact the program administrator for more information.

Building Systems Upgrade Rebates
This program offers facilities assistance in "tuning up" the major components of the building to improve energy efficiency. See the program website above or contact the program administrator for more information.

Electrification Rebates
This program offers up to $50,000 in rebates for switching to electric equipment, such as electric forklifts, truck charging bays, and custom conversion projects. See the program website above or contact the program administrator for more information.

Business EV Charger Rebates
This program offers rebates for Level-2 Chargers, DC Fast Chargers, and Fleet advisory services. See the program website above or contact the program administrator for more information.

Rebates for ENERGY STAR® Homebuilders
Incentives shall be determined by the home’s total estimated annual kWh savings as compared to a code-built home. See the program website above or contact the program administrator for more information.

Ultraviolet Germicidal Irradiation (UVGI) Rebates
As part of SRP's response to COVID-19, rebates are offered on specific UVGI technologies that can help make company facilities safer. See the program website above or contact the program administrator for more information.

Multifamily solution rebates
The SRP Multifamily Solutions Program makes it easy and affordable to make energy efficiency upgrades so your community can start reaping the benefits. See the program website above or contact the program administrator for more information.

Smart thermostat rebates
Get free* smart thermostats after rebates and bill credits when you join the SRP Bring Your Own Thermostat Program™ (BYOT) for business.See the program website above or contact the program administrator for more information.

Maximum Incentive: Customers are subject to a maximum rebate of $450,000 from May 1 through April 30 for all SRP programs, with a cap of $300,000 for energy efficiency programs and a $150,000* cap for Business EV chargers and Electrification rebates combined. *Electrification rebates are capped at $50,000. Business EV equipment rebates are limited to a maximum of 75 Level 2 charging station rebates and 3 DC fast charging station rebates.SRP reserves the right to determine at its sole discretion the program year to which a rebate is attributed
Equipment Requirements: View program web site

Contact

Name: Standard Business Rebates
Organization: SRP
Address:
Phone: (602) 236-3054
Email: savewithsrpbiz@srpnet.com
Name: Demand Response
Address:
Name: Custom Energy Efficiency Rebates
Organization: SRP
Address:
Phone: (602) 236-3054
Email: savewithsrpbiz@srpnet.com
Name: Small Business Rebates
Organization: SRP
Address:
Phone: (602) 236-3054
Email: savewithsrpbiz@srpnet.com
Name: New Construction Administrator Humayun Kabir
Organization: SRP
Address:
Phone: (480) 768-3905
Email: hkabir@resource-innovations.com
Name: Business System Upgrades/Retrocommissioning
Organization: SRP
Address:
Phone: (480) 768-6989
Email: dgest@resource-innovations.com
Name: Electrification Program
Organization: SRP
Address:
Phone: (602) 236-3065
Name: Vehicle Charging Rebates
Organization: SRP
Address:
Phone: (602) 236-3065
Email: srpetechrebates@icf.com
Name: Energy Star Homebuilders Program
Organization: SRP
Address:
Phone: (602) 236-2489
Email: Rebecca.Smout@srpnet.com
Name: Ultraviolet Germocidal Irradiation Program
Organization: SRP
Address:
Phone: (602) 236-3054
Email: savewithsrpbiz@srpnet.com
Name: Multifamily Solutions Program
Organization: SRP
Address:
Phone: (602) 236-3065
Email: multifamily@srpnet.com
Name: Smart Thermostat Program
Organization: SRP
Address:
Phone: (602) 236-3054
Email: savewithsrpbiz@srpnet.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.