ARIZONA -

Salt River Project Offers Net Metering to Residential Customers

Salt River Project (SRP), a utility that provides electricity to nearly 800,000 retail customers in the Phoenix area, now offers net metering to residential customers with PV systems up to 10 kW. This policy took effect June 1, 2004. Net excess generation is purchased monthly by SRP at the average monthly market price minus a price adjustment of $0.00017/kWh. The price adjustment of $0.00017/kWh represents the cost incurred by SRP for scheduling, system control, and dispatch services. An interconnection agreement is required for net metering. For more information, view SRP's Interconnection Guidelines for Distributed Generators.

Another Arizona utility, Tucson Electric Power Company (TEP), offers net metering for solar and wind systems with a maximum capacity of 10 kW. TEP credits net excess generation to the following month's bill.

SRP consists of two entities: the Salt River Project Agricultural Improvement and Power District, a political subdivision of the state of Arizona; and the Salt River Valley Water Users' Association, a private corporation. Based in Phoenix, SRP was established in 1903 as the nation's first multi-purpose reclamation project authorized under the National Reclamation Act. It operates or participates in seven major power plants and numerous other generating stations, including thermal, nuclear and hydroelectric sources.