Quick answer: SRP serves Fountain Hills. Its Cool Cash rebate pays $75 to $225 per ton for qualifying AC and heat pump systems of 15.2 SEER2 or better installed before April 30, 2027.
If you are replacing cooling equipment in Fountain Hills, the rebate you can claim depends on your electric utility. Here is who serves the town and what the main HVAC rebate looks like in 2026.
Who serves Fountain Hills
- Electric: SRP (Salt River Project).
- Water: EPCOR’s Chaparral City system, which uses surface water.
SRP Cool Cash rebate (2026)
| Equipment | Minimum efficiency | Rebate per ton |
|---|---|---|
| Single-stage AC or heat pump | 15.2 SEER2 | $75 |
| Multi-stage AC or heat pump | 15.2 SEER2 | $150 |
| Variable-capacity AC or heat pump | 15.2 SEER2 | $225 |
| Inverter-driven mini-split heat pump | 15.2 SEER2 | $225 |
Key conditions
- Installed by an Arizona-licensed residential HVAC contractor, before April 30, 2027.
- Equipment listed in the AHRI directory at or above the minimum.
- Apply within six months of installation; one application per unit, up to five per customer.
- Single-stage systems need a Manual J load calculation.
- Split systems need both indoor and outdoor units replaced.
- New construction, window units and units serving garages do not qualify.
Other SRP programs
SRP has also offered rebates for duct testing and repair, shade screens and window film, and smart thermostats through its Bring Your Own Thermostat program. Amounts and terms change, so check SRP’s site before you schedule work.
Federal tax credit
The federal energy-efficient home improvement credit (Section 25C) ended for equipment placed in service after December 31, 2025. Do not plan a 2026 purchase around it.
Common questions
Which electric utility serves Fountain Hills?
SRP.
Is there still a federal tax credit for heat pumps?
No. Section 25C ended for equipment placed in service after December 31, 2025.
How many SRP rebates can I claim?
Up to five qualifying systems per customer, one application per unit.
Want help sizing a rebate-eligible system? Call 480-336-2721 and tell us your street or neighborhood in Fountain Hills.