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Compare residential price plans

Feel empowered to pick your own price plan.

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    SRP offers a variety of price plans for our residential customers, so you can choose one that fits your lifestyle and your budget. Need help picking the right plan for you? Give us a call at (602) 236-8888. We’re here 24 hours a day, seven days a week.

    SRP plans

    Time-of-day plans

    Save on your electric bill by planning to use most of your energy during off-peak hours.

    • SRP Time-of-Use Price Plan™ – Get even bigger savings when you limit your energy use during on-peak hours on weekdays. Peak hours change seasonally.
    • SRP EZ-3 Price Plan™ – Limit your energy use for just three peak hours on weekdays. You’ll enjoy lower rates during all other hours, including weekends and select holidays.
    • Residential Demand Price Plan Pilot – Our biggest chance to save. Limit weekday energy usage during on-peak hours and avoid using major appliances at the same time.  
    • SRP Electric Vehicle Price Plan™ – A plan for EV owners. Charge your vehicle during super off-peak hours and save an average of 8.6% on your bill* compared to customers on our Basic Price Plan. 
    *Based on SRP analysis of customer usage from January through December 2021.

    Other price plans

    • SRP M-Power® – No surprises here. Take control of your energy use by purchasing energy before you use it. Track your usage and get alerted when power is running low.
    • Basic Price Plan – Keep it simple. Use energy at the same price, no matter the time.

    Have rooftop solar or other energy-generating capabilities? Learn about SRP’s Residential Solar Plans.

    Compare plans

    EZ-3 Time-Of-Use Electric Vehicle Basic M-Power Residential Demand Price Plan Pilot
    Save by switching energy use to off-peak hours checkmark checkmark checkmark checkmark
    Energy prices are the same all times of the day checkmark checkmark
    Pay a monthly bill checkmark checkmark checkmark checkmark checkmark
    Pre-pay for energy as you use it checkmark
    Demand-based pricing checkmark
    Winter ratesNov. through April prices per kWh On-peak13.27¢ On-peak12.15¢ On-peak12.15¢ 24 hours10.46¢ 24 hours10.46¢ On-peak6.74¢
    Off-peak10.02¢ Off-peak9.55¢ Off-peak10.01¢ Off-peak6.34¢
    Super off-peak8.39¢
    Summer ratesMay/June/Sept./Oct. prices per kWh On-peak30.96¢ On-peak22.95¢ On-peak22.95¢ 24 hours12.92¢First 2000 kWh13.35¢Beyond 2000 kWh 24 hours13.15¢ On-peak6.63¢
    Off-peak10.30¢ Off-peak9.28¢ Off-peak9.66¢ Off-peak5.61¢
    Super off-peak8.12¢
    Summer peak ratesJuly through August prices per kWh On-peak36.45¢ On-peak26.10¢ On-peak26.10¢ 24 hours13.58¢First 2000 kWh14.71¢Beyond 2000 kWh 24 hours13.86¢ On-peak8.23¢
    Off-peak10.54¢ Off-peak9.31¢ Off-peak9.71¢ Off-peak6.13¢
    Super off-peak8.15¢

    EZ-3

    • Save by switching energy use to off-peak hours
    • Pay a monthly bill

    Winter rates — Nov. through April prices per kWh

    On-peak13.27¢
    Off-peak10.02¢

    Summer rates — May/June/Sept./Oct. prices per kWh

    On-peak30.96¢
    Off-peak10.30¢

    Summer peak rates — July through August prices per kWh

    On-peak36.45¢
    Off-peak10.54¢

    Time-Of-Use

    • Save by switching energy use to off-peak hours
    • Pay a monthly bill

    Winter rates — Nov. through April prices per kWh

    On-peak12.15¢
    Off-peak9.55¢

    Summer rates — May/June/Sept./Oct. prices per kWh

    On-peak22.95¢
    Off-peak9.28¢

    Summer peak rates — July through August prices per kWh

    On-peak26.10¢
    Off-peak9.31¢

    Electric Vehicle

    • Save by switching energy use to off-peak hours
    • Pay a monthly bill

    Winter rates — Nov. through April prices per kWh

    On-peak12.15¢
    Off-peak10.01¢
    Super off-peak8.39¢

    Summer rates — May/June/Sept./Oct. prices per kWh

    On-peak22.95¢
    Off-peak9.66¢
    Super off-peak8.12¢

    Summer peak rates — July through August prices per kWh

    On-peak26.10¢
    Off-peak9.71¢
    Super off-peak8.15¢

    Basic

    • Energy prices are the same all times of the day
    • Pay a monthly bill

    Winter rates — Nov. through April prices per kWh

    24 hours10.46¢

    Summer rates — May/June/Sept./Oct. prices per kWh

    24 hours12.92¢First 2000 kWh13.35¢Beyond 2000 kWh

    Summer peak rates — July through August prices per kWh

    24 hours13.58¢First 2000 kWh14.71¢Beyond 2000 kWh

    M-Power

    • Energy prices are the same all times of the day
    • Pre-pay for energy as you use it

    Winter rates — Nov. through April prices per kWh

    24 hours10.46¢

    Summer rates — May/June/Sept./Oct. prices per kWh

    24 hours13.15¢

    Summer peak rates — July through August prices per kWh

    24 hours13.86¢

    Residential Demand Price Plan Pilot

    • Save by switching energy use to off-peak hours
    • Pay a monthly bill
    • Demand-based pricing

    Winter rates — Nov. through April prices per kWh

    On-peak6.74¢
    Off-peak6.34¢

    Summer rates — May/June/Sept./Oct. prices per kWh

    On-peak6.63¢
    Off-peak5.61¢

    Summer peak rates — July through August prices per kWh

    On-peak8.23¢
    Off-peak6.13¢

    How pricing works

    Not sure why your bill changes each month? When it comes to energy pricing, it’s all about supply and demand. Demand for energy is higher at certain times, like after work on weekdays or during the summer months. During times of high demand, the price you pay is higher because the grid is working harder to meet demand.

    Big appliances and electronics also increase your bill since they use more energy. Save money by using appliances during off-peak hours and by not using them at the same time.

    How much energy do common appliances use in one hour?

    Energy is priced per kilowatt-hour (kWh) and the hourly cost increases during times of high demand. Your monthly charge is based on the amount of energy used during different times of day.

    Clothes washers use

    .25 KW

    Dishwashers use

    .33KW

    Pool pumps use

    1KW

    Central air conditioners use

    1.2KW

    Clothes dryers use

    2.8KW

    How do kilowatts translate into electric bills? If energy costs an average of 15¢ per kWh and you use just your air conditioner for 24 hours, you pay $4.32 to cool your home for one day.

    15¢per kWh
    x
    1.2KW
    x
    24hours
    =
    $4.32total

    The less you use during peak times, the more you save.*

    Ready to change your price plan?

    If your current price plan isn’t a fit, visit SRP My Account™ or call (602) 236-8888 to see what plan you’re on and to make the switch to a new plan. One price plan change is allowed every 12 months.

    View the complete SRP ratebookDocument is a PDF.