SRP Rebates For Arizona Homeowners

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The SRP Cool Cash Rebate is based on your new AC or heat pump system's cooling capacity (tonnage) and compressor technology. Qualifying systems receive:

• Single-Stage Systems: $75 per ton
• Multi-Stage Systems: $150 per ton
• Variable-Speed Inverter / Variable-Capacity Systems: $225 per ton

For example, a 5-ton variable-capacity AC or heat pump qualifies for a $1,125 SRP rebate when all program requirements are met.

Eligible systems must meet a minimum 15.2 SEER2 efficiency rating and SRP program requirements.

As an SRP Allied Contractor, Precise Air & Heating helps homeowners select qualifying equipment and applies eligible SRP rebates upfront, reducing the cost of a new AC or heat pump installation.

Yes! Qualifying inverter-driven ductless mini-split heat pumps are eligible for the SRP Cool Cash Rebate of $225 per ton. Both ducted and ductless mini-split systems qualify when they meet the minimum 15.2 SEER2 efficiency rating and SRP program requirements.

As an SRP Allied Contractor, Precise Air & Heating helps homeowners select energy-efficient mini-split systems, verify rebate eligibility, and apply qualifying SRP rebates upfront to reduce installation costs.

Qualifying air conditioning and heat pump systems must be installed before April 30, 2027, and the rebate application must be submitted within 6 months of installation.

As an SRP Allied Contractor, Precise Air & Heating handles the rebate paperwork and submission process for our customers. We also apply qualifying SRP rebates upfront, so you receive your savings immediately instead of waiting for a rebate check.

Yes! As an SRP Allied Contractor, Precise Air & Heating can apply your qualifying SRP Cool Cash rebate directly to your installation price, giving you instant savings on your new AC or heat pump system.

Simply sign the SRP rebate assignment form, authorizing SRP to pay the rebate directly to us. We handle the rebate paperwork and submission, so you receive your rebate discount upfront without waiting for a check. Subject to SRP eligibility and approval.

SRP requires a paid-in-full, itemized installation invoice, an AHRI reference number, and the equipment model numbers for the outdoor unit, indoor coil, and furnace (if applicable). Additional requirements include system specifications, a signed contractor agreement, and Manual J load calculations for single-stage systems.

As an SRP Allied Contractor, Precise Air & Heating handles all required documentation, rebate paperwork, and submission for our customers, making the process simple and hassle-free.

Homes throughout Phoenix and the East Valley may receive electricity from either Salt River Project (SRP) or Arizona Public Service (APS), depending on the property's location.

Your electric bill identifies your utility provider. As an SRP Allied Contractor, Precise Air & Heating can verify your electric service provider and help determine whether your new AC or heat pump system qualifies for the SRP Cool Cash Rebate or any available APS incentives.

We'll help you identify eligible rebates and savings before your new system is installed.

Yes! The SRP Cool Cash rebate is a utility rebate offered by Salt River Project (SRP) and is completely separate from manufacturer rebates, manufacturer credits, seasonal promotions, and special discounts.

Homeowners can take advantage of SRP utility rebates in addition to eligible manufacturer incentives and promotional offers, maximizing their savings on a new AC or heat pump system.

Precise Air & Heating will help you identify all available rebates, credits, and discounts, with your total savings clearly outlined on your estimate and invoice. Individual program eligibility requirements apply.

Does a second home or rental property qualify for SRP AC rebates?

Second homes and vacation properties generally do not qualify for SRP air conditioning rebates. To be eligible, the applicant must be a permanent SRP residential electric customer who lives at the property. A rental property may qualify if the tenant is the SRP account holder, lives there as their permanent residence, and meets all other rebate requirements. Landlords who do not reside at the property generally cannot claim the rebate. Final eligibility is determined by SRP.

Not necessarily! Precise Air & Heating offers 120-volt electric air handler options that allow homeowners to convert from a gas furnace to an all-electric heat pump system using their existing 120-volt furnace circuit. This can eliminate the need to install a new 240-volt circuit for the indoor air handler, helping homeowners avoid costly electrical upgrades. Our technicians evaluate your existing electrical system and equipment requirements to determine the best installation options for your home.

No. SRP Cool Cash rebates do not apply to new construction homes or installations serving garages and other non-habitable spaces. The rebate program is designed for qualifying AC and heat pump systems that replace or supplement cooling in existing residential homes.

As an SRP Allied Contractor, Precise Air & Heating can help verify your system's eligibility before installation.

For homeowners looking for quieter operation, lower energy costs, and year-round comfort, variable-speed inverter heat pumps are among the best options. These advanced systems automatically adjust cooling and heating output to maintain consistent indoor temperatures, improved efficiency, and reduced noise.

Qualifying variable-capacity systems rated 15.2 SEER2 or higher may qualify for SRP Cool Cash rebates of $225 per ton, up to $1,125, when all program requirements are met.

Precise Air & Heating offers high-efficiency AC Pro inverter systems designed for Arizona's extreme climate. Learn more about their technology, performance, and benefits in our guide: Is AC Pro a Good Brand?