Proposed changes to residential price plans
SRP is opening a public pricing process on Dec. 2, 2024. Explore the proposed changes to plans.
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Review the proposed changes
The following proposed changes will be reviewed by SRP’s Board of Directors during SRP’s public pricing process:
Price Changes:
- Dwelling Type Tiered Monthly Service Charge (MSC)
- Tier 1: $20 MSC is applicable to a single unit in a multiple family house, an apartment unit, a condominium unit, a townhouse or a patio home with a service entrance of 225 amps or less.
- Tier 2: $30 MSC is applicable to a dwelling type not listed in Tier 1 with a service entrance of 225 amps or less.
- Tier 3): $40 MSC is applicable to any residence with a service entrance of more than 225 amps.
| Residential | Residential (Solar) | Residential Total | |
| % Change in base revenue | 4.2% | 8.2% | 4.4% |
| % Change in FPPAM revenue | -0.8% | -2.3% | -0.9% |
| Total net % change | 3.4% | 5.9% | 3.5% |
Plan Changes and New Plans:
- Freezing certain residential plans, including the SRP EZ-3 Price Plan™ (E-21 and E-22), the SRP Time-of-Use Price Plan™ (TOU) (E-26 and E-13) and the SRP Electric Vehicle Price Plan™ (E-29 and E-14)
- Freezing residential demand plans, including Customer Generation Plan (E-27), Average Demand Price Plan (E-15) and Residential Demand Pilot (E-27 P)
- Introducing a new residential demand plan and updating an existing TOU plan (formerly the SRP Daytime Saver™ pilot). These will be available to both residential solar and nonsolar customers
- Expanding customer eligibility and increasing the discount amount for the Economy Price Plan
- Increasing current eligibility from 150% of the federal poverty level (FPL) to 200% FPL
- Discount from $23 to $25
Any potential changes will take effect with the November 2025 billing cycle. Impacts of the approved changes will vary by customer, price plan and usage.
Explore ways to save
We offer a variety of solutions to help you lower your energy costs and manage your bill.
Set up a payment plan or bill extension
If you have a past-due balance, call SRP at (602) 236-8888 to explore payment plan options. You can also request an extension through SRP My Account™.
Request an extensionSave $276 on the Economy Price Plan
Eligible customers can receive a $23 monthly discount on their SRP electric bills through the Economy Price Plan – that's $276 a year.
See if you qualifyPay as you go and save with SRP M-Power®
With flat-rate pricing you pay upfront, customers on the SRP M-Power plan save an average of 12% compared to those on other SRP plans who get monthly bills.
See detailsUncover energy savings in your home
A virtual or in-person SRP Home Energy Assessment™ provides personalized energy-saving advice. You’ll also get up to $250 worth of free energy-saving products.
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Still have questions or ready to learn more? Explore SRP’s public pricing process resources.
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