|
|
||||||
| HOME | ABOUT | MEMBER CENTER | RESOURCES | NEWS & MEDIA | EVENTS | ||
|
|||||||
|
|
|
|
|
|
| - HIDE EXPLANATION |
Project Details:Top
| Utility Name: |
Salt River Project
|
|
| Utility Type: |
Muni
|
|
| Funding Source(s): |
Voluntary Customer Premium Payments
|
|
| State: |
Arizona | AZ
|
|
| Region: |
West
|
|
| Utility Program(s): |
Centralized Solar System: Photovoltaic,Distributed Solar Systems,Net Metering,Residential System Incentives ($/kW),Commercial System Incentives (¢/kW),Green Pricing Program
|
|
| Technology: |
PV
|
Project Description:Top
EarthWise Energy is a Green Pricing program provided by Salt
River Project (SRP) to help meet the state RPS requirement.
Customer contributions purchase renewable energy from renewable
energy installations in the area, including wind turbines,
geothermal, land-fill biogas, hydro power, and PV systems.
EarthWise Energy is available in $3 blocks per 100 kWh, which is
added to a customer's regular monthly electricity bill. Over 4,500
SRP residential customers and 35 businesses are currently
participating. A distinctive feature of this green pricing program
is that a portion of the funds are allocated to install public PV
systems. Three PV systems of approximately 400 kW have been
installed to date.
The EarthWise program also includes a solar energy component that
provides homes and businesses with an incentive of $3/watt-dc for
PV systems sized 10 kW and less. Business customers can receive a
$2.50/watt-dc incentive for PV systems over 10 kW with a cap of
$500,000 per system.
SRP's net metering standards require customers to sell 100% of the
PV generation to SRP and buy 100% of their electricity needs from
SRP, i.e. systems are interconnected on the utility side of the
meter . For small PV systems SRP's billing system will subtract the
PV generation amount from the customer's electricity purchase,
similar to traditional net metering. Credit for excess energy
(above consumption) will be paid out monthly at SRP's "average
market price" and cannot be carried forward. For PV systems over 10
kW, SRP calculates actual hourly credit values for surplus
electricity provided by the PV system, a design that is more
similar to a feed-in tariff than to net metering since it has no
impact on the customer's bill.
SRP has an internal annual spending cap for their EarthWise Solar
Energy incentives. Once the cap is reached, additional customers
will be placed on a waiting list for the next year to manage the
annual budget impacts.

Project Links:Top
General Project Description: http://www.srpnet.com/environment/earthwise/home.aspx
Solar Cost Calculator: https://www.srpnet.com/environment/solar/home/calculator/cost.aspx
Customer checklist tool: https://www.srpnet.com/environment/earthwise/pdfx/checklist.pdf
More Information:Top