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Rebates

When temperatures begin to hit triple digits in Phoenix, how do you stay cool? A straw hat is a great start, but the SRP Cool Cash Rebate Program can help take the heat off. SRP customers can get up to $400 back when you replace your current air conditioner or heat pump with a qualifying high-efficiency system.
 
Correct sizing of the system and proper installation are critical to ensuring your energy savings and maximum indoor comfort. Our Cool Cash program requires Valley contractors to verify that your new air conditioner meets industry standards and manufacturer specifications to operate at peak efficiency.
 
The chart below identifies the rebates available for the various equipment configurations:

AC units

Equipment Configuration Minimum SEER Minimum EER Rebate
Package Systems 15.0 12.0 or Higher $200
16.0 $300
17.0 or Higher $400
Split Systems 17.0 or Higher 13.0 or Higher $400

Heat pumps

Equipment Configuration Minimum SEER Minimum EER Minimum HSPF (heat pumps only) Rebate
Package Systems 15.0 or Higher 12.0 or Higher 8.0 or Higher $200
16.0 or Higher $300
17.0 or Higher $400
Split Systems 16.0 12.5 or Higher 8.5 or Higher $300
17.0 or Higher $400

Program details

To participate in the program, you must:

  • Be a permanent SRP residential electric customer with an existing home (new construction is ineligible).
  • Replace an existing central heat pump or central air conditioner with a new high-efficiency central heat pump or central air conditioner (window units and new construction do not qualify) that meets minimum efficiency ratings.
  • Have the qualified system installed by a residential licensed contractor between May 1, 2012, and April 30, 2013. Both indoor air handler and condensing units must be replaced on split systems.

How to apply

  • Fill out a rebate application with the assistance of your contractor, and mail it to the following address:
  • SRP Cool Cash Rebate Program
  • 2702 N. Third St., Suite 2020
  • Phoenix, AZ 85004
  • Remember to include a copy of the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) certificate that states the certified efficiency rating of your new system. Applications and the AHRI certificate can also be obtained by calling (602) 264-3108. All applications must be postmarked by
  • May 31, 2013.
  • Upon request by SRP, you must allow SRP or our agent to inspect the installed unit to verify compliance with all incentive program requirements.
  • For a referral to a licensed contractor or for more information about the application process, call
  • (602) 264-3108 or the SRP Certified Contractor Program at (602) 274-6808.
NOTE: SRP reserves the right to change or cancel this promotion or its terms and conditions at any time.

Terms to know

  • Seasonal energy efficiency ratio (SEER): measures how efficiently a central cooling system (air conditioner or heat pump) will operate over an entire cooling season
  • Energy efficiency ratio (EER): measures how efficiently a cooling system will operate when the outdoor temperature is at a specific level (usually 95º F)
  • Heating season performance factor (HSPF): measures how efficiently heat pumps will operate in their heating mode over an entire heating season