Energy storage is the next frontier in making a renewable and sustainable electric power grid more viable.
As an ideal hub for advanced manufacturing, the Greater Phoenix area is already home to several leaders in the energy storage space. The region’s dry climate and low risk for natural disasters make headquartering manufacturing operations here an easy choice. Add to that SRP’s rich and dependable history of providing superior service to high load factor customers and you can see why the Phoenix metropolitan area continues to see strong demand for energy storage facilities.
SRP provides the best value for your energy dollar with electricity prices that are among the lowest in Arizona and the region. This includes a new Large Extra High Load Factor (E-67) rate for advanced manufacturing facilities with:
An estimated 38% of Arizona residents hold an associate degree or higher, ensuring a highly educated talent pool. For firms looking to hire and retain talent with electrical engineering expertise, Arizona stands out thanks to specialized schools and training programs, including Arizona State University and the University of Arizona.
Energy Storage Highlights and Incentives:
Quality Jobs Tax Credit
Solar Electricity Installed
Refundable Qualified Facility Tax Credit
Net Generation of Solar Energy
Technology and Innovation Manufacturing Employment
To Bolster the Grid
Top 100 largest public power utilities by generation
Of the largest raw water suppliers in Arizona
In sustainable portfolio
In the nation for power reliability
Corporate state income tax rate
Historical Population Growth (2015-2020)
annual air travelers use our robust transportation infrastructure.
Population of Phoenix MSA