FOR IMMEDIATE RELEASE

Kathleen Mascarenas, SRP, (602) 236-2500
@SRPkathleen
NOVEMBER 29, 2018

SRP Releases 2018 Energy Efficiency Report

Customers, SRP Exceed Savings Goal by Conserving Enough Energy to Power 35,000 Homes

Salt River Project employees and its customers have been working diligently to promote sustainability and conserve resources, and their collective efforts are paying off.

SRP recently completed and released its Fiscal Year 2018 (FY18) Energy Efficiency Report, which shows the community-based, not-for-profit public power utility exceeded its savings goal. The total annual incremental energy savings delivered across all energy-efficiency programs was 628,467 megawatt-hours (MWh), which represents enough energy savings to power about 35,000 homes for a year.

"Due to the dedication of our customers, partners and employees, SRP exceeded its energy-savings goals as we achieved 106 percent of plan in FY18," said Dan Dreiling, director of SRP Customer Programs. "Over the past 10 years, we have expanded our portfolio of energy-efficiency offerings to more than 20 programs, so all customers have choices and opportunities to participate in energy- and cost-savings options."

Dreiling said the programs range from low-cost retail discounts on LED bulbs for residential customers to complex energy retrofits for SRP industrial customers. As a result, the portfolio has helped customers and SRP manage energy consumption and achieve mutually beneficial sustainability goals.

Last year, SRP's residential energy efficiency-programs delivered a combined 165,000 MWh of energy savings, with the Retail Lighting and Energy Star Homes programs leading the way. SRP's Cool Cash AC Rebate and Energy Scorecard programs also contributed significantly, reaching 117 percent and 139 percent of their total annual energy savings goals, respectively.

SRP's commercial energy-efficiency programs provided more than 181,000 MWh of incremental energy savings. Standard Business Solutions, one of SRP's most cost-effective programs with hundreds of eligible rebates, was the leader. Customers completed energy savings projects totaling more than 140,000 MWh of incremental savings, representing 108 percent of the program's FY18 plan. Business customers also took advantage of SRP's Small Business Solutions program, as it too exceeded program goals.

SRP is also on track with its goal to deliver 20 percent of expected retail energy requirement through sustainable resources by 2020. In FY18, SRP's Sustainable Portfolio met its annual target by delivering 17.25 percent of retail requirements through sustainable resources. The energy-efficiency portfolio contributed more than half to that total.

SRP also recently released its 2035 Sustainability Goals, which contain five pillars: carbon emissions reductions, water resiliency, supply chain and waste reduction, grid modernization and customer and employee engagement and community involvement. To view the complete report, visit srpnet.com/2035.

"We continually strive to expand program options to our customers, and we are being recognized for the efforts thanks in large part to the hard work and strong relationships with local trade allies and program administrators," added Dreiling. "For the fifth straight year, SRP received the ENERGY STAR Partner of the Year award for the outstanding design and implementation of several ENERGY STAR-aligned programs. The biggest rewards, however, come from helping our customers meet their sustainability goals, manage energy usage and save money."

To learn more about all of SRP's energy-saving programs:

SRP is a community-based, not-for-profit public power utility and the largest provider of electricity in the greater Phoenix metropolitan area, serving more than 1 million customers. SRP also is the metropolitan area’s largest supplier of water, delivering about 800,000 acre-feet annually to municipal, urban and agricultural water users.

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