Proposed changes to residential price plans | SRP

Proposed changes to residential price plans. This proposal increases average residential bills by 3.5% ($5.61 per month), though actual impacts will vary by price plan and usage. 3.4% …


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Proposed Changes To Residential Price Plans | SRP

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Proposed changes to residential price plans. This proposal increases average residential bills by 3.5% ($5.61 per month), though actual impacts will vary by price plan and usage. 3.4% …

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SRP Customers Could Pay More Each Month Starting In 2025

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Dec 2, 2024  · Salt River Project customers may be paying more for utilities starting late 2025. SRP opened a public pricing process in December seeking a 2.4% price increase.

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SRP Seeking Price Hike Of Nearly 6% For Customers - KTAR.com

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Dec 2, 2024  · SRP also plans to have tiered residential monthly service charges and new price plans with super-off-peak daytime time-of-use hours. Finally, SRP wants to freeze new …

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SRP Seeks 3.5% Rate Hike Starting In 2025 After Customers Saw …

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Dec 3, 2024  · The proposed increase would raise monthly bills for the average residential customer by 3.5% – which amounts to $5.64. This comes on the heels of a 3.2% increase that …

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SRP Initiates Pricing Process That Seeks Price Increase And New …

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If approved by SRP's publicly elected Board of Directors, the average residential customer using 1,117 kilowatt-hours (kWh) a month will see a monthly bill increase of 3.5 percent, or $5.64, …

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SRP Initiates Pricing Process That Seeks Price Increase And New …

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Dec 2, 2024  · Salt River Project (SRP) management opened a public pricing process that seeks an overall 2.4 percent price increase. This price change reflects a proposed increase of $168.8 …

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How To Get 2 Free Shade Trees From SRP And Learn More About …

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Jan 3, 2025  · SRP's management has proposed raising rates effective with its November 2025 billing cycle, with the average residential customer likely to see a 3.5% increase, or $5.64 a …

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FAQs about Proposed changes to residential price plans | SRP Coupon?

When will SRP open a public pricing process?

SRP is opening a public pricing process on Dec. 2, 2024. Explore the proposed changes to plans. This proposal increases average residential bills by 3.5% ($5.61 per month), though actual impacts will vary by price plan and usage. ...

When do SRP price plans change?

Over several months, the Board will review and decide on any proposed changes to SRP's price plans after giving customers notice and offering them the opportunity to provide feedback. Any potential changes will take effect by Nov. 1, 2025. Impacts of the approved changes will vary by customer, price plan and usage. ...

Why did SRP change its power price?

“ This price change reflects a proposed increase of $168.8 million in base revenue to support upgrades to the power system and an anticipated decrease of $67.7 million in fuel and purchased power revenues, which are recovered through the Fuel and Purchased Power Adjustment Mechanism (FPPAM) rate,” SRP said Monday. ...

How will SRP pricing change affect customers?

The proposed SRP pricing increase would affect customers a bit more than the plan that took effect last month. For the cycle that began in November 2024, SRP's average residential electric customers, who last year were using 1,169 kilowatt hours on average, saw their bills rise by an average 3.2%, or $4.93 a month. ...

How will SRP's pricing plan change in 2025?

SRP directors plan to conduct a detailed review of the proposal and will consider public feedback before deciding. Other pricing-plan changes include those for low-income customers and for those who mainly use power during off-peak hours. A final vote is expected at a board meeting on Feb. 27, 2025. ...

How much will SRP bill increase in 2025?

If approved by SRP’s publicly elected Board of Directors, the average residential customer using 1,117 kilowatt-hours (kWh) a month will see a monthly bill increase of 3.5 percent, or $5.64, effective with the November 2025 billing cycle. Actual bill impacts will vary based on customer usage and price plan. ...

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