Salt River Project (SRP) Energy Rebates
Salt River Project (SRP) is one of Arizona's largest electric utilities, serving approximately 1.1 million customers in the greater Phoenix metropolitan area. As a community-based, not-for-profit utility, SRP reinvests in its service territory through a range of residential energy efficiency rebates and incentive programs. SRP's rebates help homeowners in one of the hottest metropolitan areas in the United States manage their electricity costs by upgrading to high-efficiency cooling systems, heat pump water heaters, insulation, and smart home technology. With Phoenix-area summer temperatures frequently exceeding 110 degrees, the energy efficiency improvements incentivized by SRP can deliver substantial savings on monthly electric bills. See all Arizona energy rebates for additional state and federal programs available alongside SRP utility rebates.
Service area: Greater Phoenix metropolitan area including Tempe, Mesa, Gilbert, Chandler, Scottsdale (partial), Apache Junction, Fountain Hills, and portions of Phoenix proper and surrounding East Valley communities — approximately 1.1 million customer accounts
SRP Residential Rebate Program
SRP's residential rebate program provides financial incentives for homeowners who upgrade to energy-efficient equipment. The program emphasizes cooling efficiency, which is the dominant electricity cost driver in the Phoenix area, but also covers heat pump water heaters, insulation, and smart thermostats. SRP's rebates are funded through the utility's energy efficiency portfolio and are available to all SRP residential customers in good standing.
| Equipment | Rebate Amount | Details |
|---|---|---|
| Air Source Heat Pump (ducted) | Up to $600 | For installation of a qualifying ducted air source heat pump with SEER2 16+ and HSPF2 9+. Must replace an existing AC and heating system. Higher rebate tiers for systems rated SEER2 18+. Licensed HVAC contractor installation required. |
| Heat Pump Water Heater | $350 | ENERGY STAR certified heat pump water heater with a Uniform Energy Factor (UEF) of 3.3 or higher. Must replace an existing electric resistance water heater. Professional installation required. |
| Smart Thermostat | $50 | ENERGY STAR certified smart thermostat. Limit one rebate per SRP residential account. Must be Wi-Fi connected with scheduling and remote access features. |
| Attic Insulation | Up to $200 | Addition of attic insulation to bring the home to R-38 or higher. Existing insulation must be below R-19. Professional installation by a licensed contractor required. |
| Variable-Speed Pool Pump | $200 | Replacement of single-speed pool pump with a variable-speed or multi-speed ENERGY STAR certified pump. Pool pumps are among the largest non-HVAC electricity consumers in Arizona homes. |
SRP Home Energy Assessment
SRP provides a home energy assessment program that helps customers identify the most impactful energy-saving improvements for their specific home. The assessment evaluates your cooling system, insulation, windows, duct system, and overall building envelope. Customers receive a personalized report with prioritized recommendations and estimated savings for each improvement, helping them make informed decisions about where to invest in energy efficiency.
| Equipment | Rebate Amount | Details |
|---|---|---|
| Home Energy Assessment | Free or reduced cost | Available to SRP residential customers. Includes evaluation of HVAC, insulation, windows, and ductwork. An online self-guided option is also available at no cost. |
| Direct-Install Energy Kit | Free (with assessment) | Participants receive LED bulbs, faucet aerators, and other small energy-saving products installed during the assessment visit. |
How to Apply for Salt River Project (SRP) Rebates
SRP residential customers can apply for energy efficiency rebates by following these steps:
- Confirm Your Eligibility: Verify that you are an SRP residential customer with an active account in good standing. Your home must be located within SRP's service territory in the greater Phoenix area.
- Schedule a Home Energy Assessment (Optional): While not required, an SRP home energy assessment can help you identify the upgrades that will deliver the greatest savings for your specific home and ensure you are targeting the right improvements.
- Select Qualifying Equipment: Visit srpnet.com/rebates to review the current list of qualifying equipment, efficiency specifications, and rebate amounts.
- Hire a Licensed Contractor: For HVAC systems, insulation, and other professionally installed improvements, choose a licensed Arizona contractor. Collect complete documentation including model numbers, efficiency ratings, and itemized invoices.
- Submit Your Rebate Application: Complete the online rebate application through SRP's website. You will need your SRP account number, proof of purchase, contractor invoices, and equipment specification sheets.
- Receive Your Rebate: SRP typically processes rebate applications within 6-8 weeks. Approved rebates are issued as a credit on your SRP bill or as a check mailed to your home.
Stacking with Federal Rebates
Utility rebates from Salt River Project (SRP) can typically be combined with HOMES and HEAR federal rebates (if available in your state). This means you could potentially receive both a utility rebate and a federal rebate for the same improvement. Use our calculator to estimate your total savings.
Frequently Asked Questions
How do I know if my home is served by SRP or APS?
SRP and APS divide the Phoenix metropolitan area between them. Generally, SRP serves the East Valley (Mesa, Gilbert, Chandler, Tempe, Scottsdale east of Hayden Road) and portions of central Phoenix, while APS covers Phoenix proper and much of the West Valley. The easiest way to confirm is to look at your electric bill — it will clearly show whether SRP or APS is your provider. You can also enter your address on srpnet.com to check.
Does SRP offer rebates for ductless mini-split heat pumps?
SRP's rebate program primarily focuses on central ducted systems, but ductless mini-split heat pumps may qualify under certain program terms. Mini-splits are particularly popular in Arizona for adding efficient cooling to rooms without existing ductwork, such as converted garages or room additions. Check SRP's current qualifying products list for the latest eligibility information.
Are SRP rebates available for new construction homes?
SRP's residential rebate programs are generally designed for existing homes where improvements replace older, less efficient equipment. New construction homes are typically built to current energy codes and may not qualify for the same rebate programs. However, SRP does offer builder programs and incentives for new homes that exceed minimum energy code requirements. Contact SRP for details on new construction incentives.
Can I combine SRP rebates with the federal 25C tax credit?
Yes, SRP utility rebates and federal tax credits are separate incentive programs from different funding sources. You can receive an SRP rebate for qualifying equipment such as a heat pump and also claim the federal 25C Energy Efficient Home Improvement Credit (up to $2,000 for heat pumps) on your federal tax return. This stacking can cover a significant portion of the total installation cost.