Time-of-Use Export Price Plan for solar customers

How it works

The Time-of-Use (TOU) Export Price Plan has no monthly demand charge. That means you only pay for the energy you use from the grid. At the end of the billing cycle, a credit will be applied for all accumulated export generation at a fixed rate of 2.81 cents per kilowatt-hour (kWh).

It’s all based on metering technology that allows separate tracking of kWh delivered and kWh exported on an instantaneous basis.

The TOU Export Price Plan might be right for you if:

• You prefer a plan with no demand charge and want a simpler approach to energy management.
• You have a fully electric home and use your air conditioner or heater frequently, especially during on-peak hours.
• You have a tankless electric water heater.

Pricing

Energy charge - Energy is priced per kilowatt-hour (kWh) and your monthly energy charges are based on the amount of energy used at on- and off-peak times during your billing cycle. Off-peak times (when demand is low) offer the lowest prices and vary by time of day and year.

Monthly service charge  - This is a fixed fee covering the cost of facilities, equipment, billing and customer service. Most customers on this price plan will pay a monthly service charge of $32.44, although those with larger homes may pay up to $45.44 per month.

How export rates work

The amount of energy used in your home is instantaneously monitored and recorded by your meter. This allows SRP to see the exact amount of energy from the grid you use as well as any excess energy you generate, which gets credited back to you.

This is different from net metering – used on the Customer Generation and Average Demand plans – in which the excess kWh is subtracted from the delivered kWh to arrive at a net kWh number.

How to save on this plan

You can save the most on this plan when using energy supplied directly from your rooftop solar system. Keep in mind that cloud cover, shade and the time of year all impact energy production.

When using energy supplied by SRP, you can save the most when you limit your energy use during on-peak hours (when energy is more expensive to produce) and shift your usage to off-peak hours.

On-peak hours are from 2–8 p.m. between May and October and from 5–9 a.m. and 5–9 p.m. between November and April.

You'll pay lower prices all other hours, including weekends and six observed holidays .

Ready to change your price plan?

Think the Time-of-Use (TOU) Export Price Plan would be a good fit for your household and lifestyle? Call us at (602) 236-4448(602) 236-4448 to make the switch. We’re here to help Monday through Friday between 7 a.m. and 7 p.m.

For more information, see the Time of Use Export Price Plan sheet.