PUBLIC STATEMENT AND PROGRAM DETAILS

SRP – Tesla Agreement

Tesla and Salt River Project Agricultural Improvement and Power District (“SRP”) have taken the first step toward resolving SolarCity’s 2015 lawsuit. They have agreed to a memorandum of understanding, which they expect to form the basis of a final resolution.

SRP will purchase a 25MW/100MWh battery energy storage system from Tesla, at market pricing, which will be installed at the Agua Fria Generating Station in Glendale, Arizona. SRP will initiate a 3-year pilot program for solar and non-solar customers on the E-27 price plan that, in specified circumstances, will limit the effect of an unusual demand spike on billing. This temporary pilot may help inform potential future modifications to the design of the E-27 price plan. SRP will initiate a Consumer Storage Incentive Program, which will provide incentives to SRP’s customers toward the purchase of qualifying home energy storage systems.

That resolution is expected to include the following elements:

Tesla and SRP look forward to finalizing their agreement. Both companies remain committed to providing value for their respective customers and providing renewable energy in Arizona.

Program Details

SRP will purchase at market price, a 25 megawatt battery from Tesla to install at the Agua Fria Generating Station in Glendale and brought online between January 2021 and March 2021.

Additional resources Download hi-res b-roll and informative animation.

Details and information about Tesla battery storage.

Learn more about Tesla's Powerwall 2.