Do I Qualify
- Be a permanent SRP residential electric customer replacing or supplementing existing central AC or a central heat pump.
- Use an Arizona-licensed contractor and AHRI-listed equipment.
- Install before April 30, 2027. Apply within six months of installation.
How Much Comes Off
| Equipment | Requirement | Amount |
|---|---|---|
| Single-stage central heat pump | 15.2 SEER2 or higher; single-stage compressor. | $75 per ton |
| Single-stage central air conditioner | 15.2 SEER2 or higher; single-stage compressor. | $75 per ton |
| Multi-stage central heat pump | 15.2 SEER2 or higher; multi-stage compressor. | $150 per ton |
| Multi-stage central air conditioner | 15.2 SEER2 or higher; multi-stage compressor. | $150 per ton |
| Variable-capacity central heat pump | 15.2 SEER2 or higher; variable-capacity compressor. | $225 per ton |
| Variable-capacity central air conditioner | 15.2 SEER2 or higher; variable-capacity compressor. | $225 per ton |
| Inverter-driven mini-split heat pump | 15.2 SEER2 or higher; inverter-driven mini-split. | $225 per ton |
Who Files It
The customer or contractor applies. The customer may assign the rebate to the contractor.
The provider pays either the contractor or the homeowner.
The Steps to Apply
- Have the contractor complete the required agreement and equipment documentation. Review the application.
- Submit the application, paid invoice and required supporting documents. Apply for Cool Cash.
Read on October 22, 2026 from the SRP page. A change to this program is a dated line in the changelog.