SRP rebates for electric forklifts, truck refrigeration charging tech and more

Reduce your carbon footprint and get rebates when you switch from fossil fuel-powered equipment to electric.

Going electric can benefit manufacturers, warehouses, food service providers, retailers and other businesses. Save big, breathe easy and enjoy:

  • Lower fuel, ownership and operating costs.
  • Safer, cleaner, healthier and less noisy work areas.
  • Reduced carbon emissions that improve the environment.

What can my business get rebates for?

Electric forklifts — up to $500 per new addition, up to $2,000 per conversion

  • Reduce fuel costs by up to 75%.
  • Perform less maintenance with 90% fewer parts than a combustion engine.
  • The typical return on investment is less than two years.
  • Reduce annual greenhouse gas emissions by up to 11 metric tons per propane conversion, or six metric tons per diesel conversion.
  • Rebates up to $500 per new forklift addition and up to $2,000 per existing forklift conversion are available for eligible SRP customers until April 30, 2019.

Eligible forklifts include:

  • Class 1 electric motor rider trucks: counterbalanced rider, stand-up, three-wheel or four-wheel sit-down, cushion or pneumatic tires
  • Class 2 electric motor narrow aisle trucks: order picker, high-lift straddle, side loaders, turret trucks, high- or low-lift pallet

Additional requirements:

  • Purchase or lease a class 1 or 2 electric forklift between May 1 2018, and April 30, 2019.
    • Electric forklifts must replace an internal combustion unit ($2000 rebate/lift) OR be an expansion to an existing fleet ($500/lift) OR be a first-time forklift purchase ($500/lift). Electric equipment replacing existing electric equipment does not qualify for this program.
    • Leased electric forklifts without a buyout clause are eligible for a prorated rebate at the rate of the annual length of the contract divided by 10 and multiplied by $500 (new forklift addition) or $2000 (forklift conversion).
    • Leased electric forklifts with a buyout clause are eligible for the full rebate.
    • Used electric forklifts are eligible for a prorated rebate based on the age of the forklift. Used forklifts must be 2009 models or newer. Prorated rebates are calculated based on a 10-year life expectancy. For example, a 5-year-old forklift is eligible for 50% of the rebate, and an 8-year-old forklift is eligible for 20% of the rebate.
    • Dealer demo equipment or remanufactured equipment sold with new warranties are eligible for the full rebate.
  • Forklifts must remain in use in the SRP service area. Equipment shipped to other facilities outside the SRP service area do not qualify.
  • Provide all valid invoices and valid serial numbers for all forklifts claimed.
  • Submit a complete rebate application within 90 days of equipment delivery and/or invoice date.
  • See forklift terms and conditions Document is a PDF
  • See forklift application for dealers Document is a PDF

 

Electric standby truck refrigeration unit infrastructure (E/S TRU) — up to $1,000 per bay

  • Allows E/S TRUs to plug into the SRP power grid while the vehicles are precooling or docked at a distribution facility.
  • Reduces fuel costs by avoiding the volatility of oil and gas prices.
  • Enables you to plug in E/S TRUs at night when SRP's lower, off-peak energy prices are in effect.
  • Reduce annual greenhouse gas emissions by up to 13 metric tons when using the electric-standby feature.
  • Rebates up to $1,000 per bay are available for eligible SRP customers until April 30, 2019.

Eligible E/S TRU infrastructure:

  • Purchase and install the necessary infrastructure to plug in an E/S TRU between May 1, 2018, and April 30, 2019.
  • Be an active SRP commercial or industrial electric customer.
  • Only 3-phase power, 480-volt plug-in infrastructure is eligible for a rebate.
  • Provide all valid invoices that show dates of payment for all E/S TRUs claimed and/or invoices for the electrical infrastructure being installed.
    • Infrastructure may include the necessary wiring, contractor fees, breakers, individual electrical outlets at each warehouse bay, and any other typical and necessary infrastructure that is necessary to provide power to the E/S TRU.
    • Only newly installed infrastructure is eligible for a rebate. Electric infrastructure replacing existing electric infrastructure does not qualify for this program.
    • Customer is responsible for contacting SRP with any questions regarding whether a certain type of proposed plug-in infrastructure is eligible for rebates.
  • Submit a complete rebate application within 90 days of equipment delivery or infrastructure installation and/or invoice date.

 

Custom electric equipment — up to $0.10 per annual kWh

Custom rebates are available if you are replacing internal combustion equipment, powered by diesel or propane, with electric alternatives. Pre-approval is required for custom rebate projects.

Sample custom rebate opportunities and processes may include, but are not limited to:

  • Infrared heating, curing and drying
  • Industrial process heating
  • Electric motor drives
  • Airport Ground Support Equipment (GSE)

This program also offers electrification consultations to help customers identify custom rebate opportunities.

To be eligible for the custom rebate, you must:

  • Be an SRP non-residential electric customer with an account in good standing.
  • Purchase or lease an eligible piece of electric equipment between May 1, 2018 and April 30, 2019.
  • Provide any relevant specification sheets, engineering documents, price estimates or quotes for all equipment claimed.
  • Provide all valid invoices, serial numbers and photos for all equipment claimed after the equipment has been purchased.
  • Submit a pre-approval or completed rebate application within the program timeframe of May 1, 2018 and April 30, 2019.

 

How do I get the rebate?

To be eligible for SRP's electric technology rebates, you must:

  • Be an SRP business electric customer with an account in good standing.
  • Meet all program and equipment requirements.

For forklift and TRU rebates

  1. Purchase the new, eligible equipment you would like to install.
  2. Have the following information ready to submit your rebate application:
    • Your contact information (SRP account number, address, phone number, etc.)
    • Your company’s contact information (where the equipment will be installed or used)
    • Your dealer’s contact information (who you purchased the equipment from)
    • Your new equipment’s information (model numbers, equipment invoices, etc.)
  3. Complete and submit an online rebate application. Optional: If you would prefer to submit a paper application instead, you can download the forms below and submit them to etechrebates@srpnet.com.
  4. We will review your rebate application and contact you if additional information is needed.
  5. If your rebate application is complete and meets all requirements, your rebate check will be issued!

For custom project rebates

  1. Have the following information ready to submit a pre-approval application:
    • Your contact information (SRP account number, address, phone number, etc.)
    • Your company’s contact information (where the equipment will be installed or used)
    • Equipment information (specification sheets, engineering drawings, price estimates or quotes)
    • Your dealer’s contact information (who you plan to purchase the equipment from)
  2. Complete and submit an online pre-approval application. Optional: You may also download the paper application Document is a PDF and submit it to etechrebates@srpnet.com.
  3. Receive a notification of your pre-approved application status and rebate amount.
  4. Purchase the new, eligible equipment you would like to install and submit your proof of purchase to complete your application (invoices and equipment photos). We will review your rebate application and contact you if additional information is needed.
  5. If your rebate application is complete and meets all requirements, your rebate check will be issued.

Contact us

If you have questions at any time during the application process, please contact us! Use the online contact form on this page, call us at (602) 236-9650 or email etechrebates@srpnet.com.

 

Contact our energy experts


You may also call us at (602) 236-9650 or email etechrebates@srpnet.com.