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Why does SRP provide incentives for the installation of residential solar water heaters?

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Why does SRP provide incentives for the installation of residential solar water heaters?

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SRP pays the incentive in exchange for the renewable energy credits generated by the solar water heater. These renewable energy credits are used to ensure that SRP is complying with its sustainable resource goals. In addition, SRP offers solar incentives to encourage investment in solar energy while defraying the cost of purchasing and installing a solar water heater.

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