A History of Looking Forward - Salt River Project

SUSTAINABILITY A History of Looking ForwardSolar program focuses on community participationA new 20-megawatt solar photovoltaic plant in PinalCounty, constructed by Iberdrola Renewables, willbegin producing power in FY12. SRP will purchase allthe energy produced at the Copper Crossing SolarRanch facility. That’s equivalent to the amount of energyneeded to serve 3,700 homes.The energy purchase is part of the SRP EarthWiseCommunity Solar pilot program. Community Solar isan easy and affordable way to make a differencefor the environment. As an alternative to rooftop solarinstallations on homes and schools, the program allowspublic schools and residential customers in our serviceterritory to purchase a portion of the output from thesolar facility for a fixed price during a fixed term.SRP Community Solar customers can do somethinggood for the environment without having to pay upfrontpanel installation costs or maintain solar equipment. Inaddition, solar panels at Copper Crossing track the sunthroughout the day to produce up to 50% more energythan a stationary rooftop system.SRP Energy-Efficiency Gains(in megawatt-hours)256,015 269,714 348,631508,226727,493FY07 FY08 FY09 FY10 FY11During the next five years, we plan to invest more than$300 million in energy-efficiency and demand-response programs.The Dry Lake Wind PowerProject provides more than120 megawatts of electricity.The estimated carbon dioxideoffset is equivalent to removing30,000 cars from the roadannually. Our purchase ofArizona-based wind energy isabout 225 megawatts — morethan any other utility in Arizona.10SRP 2011 ANNUAL REPORT