Electrification rebate requirements

See the equipment specification requirements for SRP's electrification rebate program.

Eligibility requirements and specifications

Any current SRP business or industrial retail electric customer in a facility served by an SRP commercial price plan is eligible for electrification rebates. Rebate funds are limited and available on a first-come, first-served basis. See program terms and conditions Document is a PDF.


Eligible forklifts include:

  • Class 1 electric motor rider trucks: counterbalanced rider, stand-up, three-wheel or four-wheel sit-down, cushion or pneumatic tires — up to $2,000 rebate per forklift.
  • Class 2 electric motor narrow aisle trucks: order picker, high-lift straddle, side loaders, turret trucks, high- or low-lift pallet — up to $2,000 rebate per forklift.
  • Leased and used electric are eligible for a full or partial rebate depending on the type of lease or the age of the forklift. Used forklifts made prior to 2010 are not eligible.

Bonus opportunities:

  • Receive a $250 rebate if you purchase a class 3 electric pallet jack for replacement of an LP, diesel or natural gas forklift.
  •  Small Business Bonus: Receive a $500 bonus for up to two electric forklifts if your usage is below 145,000 kWh annually.

Program details:

  • Purchase or lease a class 1 or 2 electric forklift between May 1 2020, and April 30, 2021.
    • 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, delivery receipts or bill of ladings and valid serial numbers for all forklifts claimed.
  • Submit a complete rebate application by July 31, 2021.

Eligible smart chargers qualify for $250 per approved charger:

  • Purchase and install the necessary smart charger to power your forklifts between May 1, 2020, and April 30, 2021 and submit a complete rebate application by July 31, 2021.  Program funding is limited.
  • Replacing an existing SCR or ferroresonant battery charger or expansion to existing charger(s) or be a first-time charger purchase
  • Have a charger rating of 24 to 80 V
  • Charge forklift or pallet jack batteries
  • ≥ 89 percent power conversion efficiency
  • Must be a high frequency charger.

Eligible E/S TRU infrastructure:

  • Purchase and install the necessary infrastructure to plug in an E/S TRU between May 1, 2020, and April 30, 2021.
  • Be an active SRP commercial or industrial electric customer.
  • Only 3-phase power, 480-volt plug-in infrastructure is eligible for a $1,000/plug 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 by July 31, 2021.
To be eligible for the truck stop electrification "TSE" rebate, the customer must:
  • Be a Salt River Project (SRP) non-residential electric customer with an account in good standing.
  • Purchase and install the necessary infrastructure to plug in an TSE between May 1, 2020 and April 30, 2021.
  • Infrastructure is eligible for a rebate of up to $1,000 per bay or plug-in point.
  • Provide all valid invoices that show dates of payment for all TSE 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 by July 31, 2021.

To be eligible for the custom rebate, you must:

  • Be an SRP non-residential electric customer with an account in good standing.
  • Request a pre-approval prior to equipment purchase so we can review and set aside limited program funds for the project.
  • Purchase or lease and install an eligible piece of electric equipment between May 1, 2020 and April 30, 2021 and provide a completed post-installation application by July 31, 2021.
  • 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.

 

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