Energy Archives

SRP earns honor for grid modernization

Technology

It is recognition five years in the making. After years of research, development and real-world application, Salt River Project senior engineer Kyle Cormier and Joe Nowaczyk, former director of Electronic Systems, are being honored for their work, which focuses on enabling technologies to make grid modernization more reliable for SRP customers and the overall power industry… Read More →

SRP board approves reduced price hike

energy.bill

Following an extensive three-month public process, Salt River Project’s publicly elected Board of Directors today approved changes in price plans effective with the April 2015 billing cycle that reduce a proposed 3.9 percent increase to 3.3 percent for the first full year it is in effect.  The full 3.9 percent increase will take effect beginning… Read More →

First Solar and Apple strike huge deal

First Solar

First Solar, Inc. announced that Apple has committed $848 million for clean energy from First Solar’s California Flats Solar Project in Monterey County, Calif. Apple will receive electricity from 130 megawatts (MW)AC of the solar project under a 25-year power purchase agreement (PPA), the largest agreement in the industry to provide clean energy to a… Read More →

First Solar achieves efficiency, durability milestones

SolarPower

First Solar, Inc. announced it has set yet another world record for cadmium-telluride (CdTe) photovoltaic (PV) research cell conversion efficiency, achieving 21.5 percent efficiency certified at the Newport Corporation’s Technology and Applications Center (TAC) PV Lab. The achievement places First Solar ahead of its established research cell roadmap, and validates CdTe’s continuing competitive advantage over… Read More →

Business customers rank SRP highest in West

electricity

In a report issued by J.D. Power, Salt River Project ranks highest in customer satisfaction for business electric service among large electricity providers in the West Region for the second consecutive year — the fifth time in the last six years SRP has been ranked highest in the study. SRP’s overall customer satisfaction index is… Read More →

Pinnacle West declares quarterly dividend

energy.bill

Pinnacle West Capital Corporation’s Board of Directors today declared a quarterly dividend of $0.595 per share of common stock, payable on March 2, 2015, to shareholders of record on February 2, 2015. Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of about $14 billion, nearly 6,400 megawatts of generating… Read More →

SRP prepares grid to support new technology systems

technology

A unique partnership between Salt River Project and BASELAYER, the advanced data center hardware and software company born within IO, will provide an innovative approach to supporting the addition of critical data centers in the Valley. Data centers support modern computer technology information systems such as the Internet.  They are also large consumers of power,… Read More →

ACA names Arizona Innovation Challenge semifinalists

internet

The Arizona Commerce Authority (ACA) today announced 25 semifinalists in its Fall 2014 Arizona Innovation Challenge (AIC), a bi-annual business plan competition awarding $3 million annually to talented entrepreneurs. Each year, the ACA awards – $1.5 million in the spring and $1.5 million in the fall – to the most qualified, innovative startups and early-stage… Read More →

SRP stresses safety with holiday decorations

Holiday Tree Auction

With the holiday season fast approaching, many of us will be hanging lights, decorating trees and finding creative ways to celebrate the season. Salt River Project (SRP) is encouraging customers to stay safe this holiday season as they bring out the decorative lights bulbs, surge protectors and extension cords to energize the holidays. Each year,… Read More →

First Solar is adding 45 million kWh of clean electricity

Solar Power

First Solar, Inc. and BELECTRIC announced that they have broken ground on a new 46 megawatt (MWDC) utility-scale power plant, in Oxfordshire, Southern England. When completed, the facility will produce 45 million kilowatt-hours (kWh) of clean solar electricity per year, sufficient to power approximately 14,000 average homes or approximately 25% of the estimated 55,400 households… Read More →

SRP recognizes Champions of Energy Efficiency

energy.bill

SRP honored seven innovative businesses and organizations for their energy-efficiency efforts and savings at the inaugural Champions of Energy Efficiency Awards event. The awards are part of SRP’s efforts to encourage commercial customers to take advantage of the SRP Business Solutions programs to reduce energy use and save money. “Utility costs can be one of… Read More →

ASU grant aims to transform global energy landscape

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Changing the way the nation generates and consumes energy is at the heart of a multimillion dollar grant awarded to Arizona State University from the Department of Energy. Under the grant, the university will develop an efficient and cost-effective carbon capture technology using an innovative electrochemical technique to separate carbon dioxide from other emissions originating… Read More →

Arizona Science Center hosts energy expo

energy policies

Over the next several years, the utility industry expects to lose about 50 percent of its workforce to attrition. In an effort to build a sustainable pipeline of skilled, career-focused workers, the Arizona Sun Corridor- Get Into Energy Consortium (ASC-GIEC) will host the first Arizona Get Into Energy Education Expo at Arizona Science Center in… Read More →

SRP Surpasses Energy Efficiency Goals

energy policies

Salt River Project exceeded its annual goal of helping residential and commercial customers save energy and money through the utility’s Energy Efficiency programs and initiatives. Last year, SRP’s Energy Efficiency programs for both residential and commercial customers provided annual energy savings equal to 2.3 percent of SRP’s retail energy sales that resulted in a savings… Read More →