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There are substantial benefits to installing EV charging stations on your commercial property, including increased real estate value, happier customers and employees, and improved sustainability. If you’re located in Arizona’s Salt River Project (SRP) service territory, there’s a timely opportunity to offset a substantial portion of your project costs.
SRP’s business EV charging rebates can help fund Level 2 (L2) and DC Fast Charging (DCFC) installations at commercial properties, with total awards up to $300,000 per customer each fiscal year.
SRP’s EV charging program is a utility rebate designed to lower the upfront cost of installing L2 and DCFC equipment. Projects must be installed by April 30, 2026 and completed rebate applications are due to SRP by October 31, 2026.
Awards are capped at $300,000 per customer per fiscal year, with a site-level limit of 40 L2 ports per location. Because funds are distributed on a first come, first served basis and awarded within a defined program year, early planning and timely applications are critical.
SRP rebates are stackable, meaning they can be combined with funds awarded by other incentive programs to further offset installation costs.
To qualify, applicants must be non-residential SRP electric customers in good standing with sites located within SRP’s service area. All non-residential customer types are eligible, and SRP prioritizes several segments that qualify to receive additional funds:
Timing is important. As mentioned, eligible L2 or DCFC chargers must be purchased and installed by April 30, 2026. Customers with rebate requests under $15,000 can apply for a rebate after installation. For rebate requests over $15,000, SRP requires pre-approval before installation begins.
SRP will also expect standard documentation with your DCFC rebate application, such as invoices that show payment dates and equipment details (like the model and serial numbers) and charger network provider information.
SRP’s funding structure is divided into two tracks: Level 2 and DCFC. Each track has separate funding schedules for general business and priority segments.
Both general business and priority segments are subject to the aforementioned 40-port limit per installation site for Level 2 equipment. General business qualifies to receive up to 75% of the total project cost while priority segments qualify for up to 100%.
Additionally, SRP offers a Level 2 pre-wiring incentive, awarding $300 per circuit for a new construction project or $500 per circuit for a retrofit ($15,000 cap). This can be a cost-effective way to prepare for near-term or phased charger deployments, and can significantly reduce future installation costs.
For DC Fast Charging, rebate amounts scale by project size and customer segment, with a maximum of 75% of total project cost covered for general business and up to 100% for priority segments.
SRP requires eligible DCFC stations to supply at least 50 kilowatts (kW) to qualify under the DCFC rebate; stations under 50 kW may be considered under the L2 category.
PowerFlex is built for programs like SRP’s, combining incentive expertise with full-service project planning and execution. We’ve secured over $40 million in incentive funds for customers and manage more than 40,000 EV chargers nationwide with a 97% uptime track record. As the fastest-growing DC Fast Charging installer in the U.S., we bring deep engineering, construction, and utility coordination experience to keep complex projects moving.
We also design for long-term scalability with Adaptive Load Management®, our patented charging technology that dynamically distributes power across ports. This approach reduces peak demand and electrical infrastructure costs while maintaining driver satisfaction and uptime.
So whether you’re a business seeking to appeal to the EV-driving public, a multifamily building owner looking to increase property value and tenant satisfaction, or a school wanting to set an example for sustainability, PowerFlex can help you capture the maximum available SRP funding and deploy cost-efficient charging at scale.
Ready to get started? Talk to a PowerFlex expert today.