Do you know what’s better than installing solar in your house to help make the planet greener? Saving some money while you’re at it. You can do so by enrolling in one of SRP’s demand-based pricing plans. Read on to learn how to take advantage of these solar incentives and how Solar Optimum could assist you in assessing your home’s energy efficiency.
What Is a Demand Management System?
A demand management system is an advanced piece of technology that allows you to prevent multiple appliances from running simultaneously at peak periods. In this way, it enables you to enhance the energy efficiency within your house.
A demand management system assists homeowners with:
- Monitoring/controlling their electric load
- Adding convenience with set-and-forget operation
- Optimizing the periods their homes use energy
- Reducing the costs during peak demand periods and lowering the electricity bill
What Is the SRP Demand Management System Rebate?
The SRP Demand Management System rebate is a financial discount for customers who get a demand management system purchased and installed by an SRP-preferred solar installer. Offered by Salt River Project (SRP) electric utility company serving the Phoenix area, this $250 rebate helps make it more affordable to purchase energy-efficient appliances.
Here’s what solar systems are eligible for the SRP rebate:
- Brayden Automation Energy Sentry 9388A DMS
- Smart Energy Management System
- Smart Panel 3000
Who Is Eligible for the SRP Rebate?
To be eligible to participate in SRP’s rebate program, get your new solar system installed by an SRP-preferred solar installer like Solar Optimum. Your demand management system must be listed on the Distributed Energy Resource application, the price quote, and the electrical drawings. Only one rebate is allowed per household.
SRP Solar Plans Explained
If your home has the potential to generate energy, you could benefit from any of SRP’s flexible demand and export schemes.
Demand Schemes
These plans are great for homeowners who generate a fraction of the energy needed on their own using solar panels. Further, it has some monthly charges and the cheapest rates compared to other residential schemes:
- Customer Generation Plan: This is great for homes with regular energy consumption.
- Average Demand Plan: This is superb for individuals whose residential energy use is inconsistent. However, it has higher per kW charges.
Export Schemes
These plans are ideal for homeowners who generate most of the energy they use within their houses on their own. In this arrangement, they pay a constant monthly service cost above any power they get from the grid in the event the solar panel system ceases production.
- Time-of-Use Export Plan: Here, the monthly service cost equals the cost of the Customer Generation Plan. Only use the grid during off-peak periods to get maximum savings.
- Electric Vehicle Export Plan: This is a spectacular plan if you have an electric vehicle. You can maximize by plugging in your car to charge overnight during off-peak hours.
Navigate the SRP Rebate With Help From Solar Optimum
Solar Optimum can help you through the entire process and ensure you get the most out of an SRP plan. This includes submitting the essential paperwork for rebate processing on your behalf. Once you turn on your rooftop solar system, rebates will start kicking in within six to eight weeks. Contact us or download our Ultimate Guide to Going Solar to learn how to identify the best SRP-preferred installers in Maricopa County and the Greater Phoenix area.
