Salt River Project Electricity Rates

Website

srpnet.com

Salt River Project Energy Sources

Salt River Project's energy comes from nuclear, natural gas, coal, and solar. Nuclear is the largest source of electricity, providing 51% of Salt River Project's energy. Natural Gas is the second largest source, making up 40%. Coal provides 5% of Salt River Project's electricity. Solar provides 3% of Salt River Project's electricity.

52%

Nuclear

40%

Natural Gas

5%

Coal

3%

Solar

Salt River Project Rates

The average electricity rate for Salt River Project customers is 11.5 cents/kWh. Salt River Project has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
E-24 M-POWER PRICE PLAN FOR RESIDENTIAL PRE-PAY TIME-OF-USE SERVICEFixed8¢ to 12¢
E-22 - PRICE PLAN FOR RESIDENTIAL SUPER PEAK TIME-OF-USE SERVICETOU8¢ to 35¢
E-24 M-POWER PRICE PLAN FOR PRE-PAY RESIDENTIAL SERVICEFixed9¢ to 13¢
E-27 P Pilot Price Plan for Residential Demand Rate ServiceTOU4¢ to 7¢
Daytime Saver PilotTOU4¢ to 36¢
E-29 Residential Electric Vehicle Price PlanTOU7¢ to 25¢
E-23 BASIC PRICE PLAN FOR RESIDENTIAL SERVICEFixed10¢ to 14¢
E-21 PRICE PLAN FOR RESIDENTIAL SUPER PEAK TIME-OF-USE SERVICETOU8¢ to 35¢
E-26 STANDARD PRICE PLAN FOR RESIDENTIAL TIME-OF-USE SERVICETOU9¢ to 26¢
E-23 Standard Price Plan for Residential ServiceFixed10¢ to 14¢

Salt River Project Reliability

In 2021, there were no outages recorded in Salt River Project.

Salt River Project Incentives

Salt River Project can help you upgrade appliances and smart devices in your home.

incentivesavingsutility 
Air-Source Heat Pump - Single Package$75-$225/tonSalt River ProjectSee Details
Smart Thermostats$50/eaSalt River ProjectSee Details
Clothes Washers$50Salt River ProjectSee Details
Clothes Dryers$50Salt River ProjectSee Details
Central Air Conditioning - Single Package$75-$225/tonSalt River ProjectSee Details
Air-Source Heat Pump - Split Systems$75-$225/tonSalt River ProjectSee Details
Ductless Heat Pump (mini & multi split) Systems$225/tonSalt River ProjectSee Details
Heat Pump Water Heaters$200Salt River ProjectSee Details
Refrigerators (purchase)$125Salt River ProjectSee Details
Dishwashers$50Salt River ProjectSee Details
Light Bulbs$1-$3/eaSalt River ProjectSee Details
Sealing and Insulation Products$600Salt River ProjectSee Details
Central Air Conditioning - Split Systems$75-$225/tonSalt River ProjectSee Details

Netmetering

Residential (APS, TEP,UNS) & Small Commercial (TEP, UNS): Excess generation credited at an ACC-approved rate, phasing down to an avoided cost rate. Current export compensation rates are 10.45 cents/kWh (APS), 8.68 cents/kWh (TEP), and 10.35 cents/kWh (UNS).NEG is carried forward and paid out at the end of the annual period if the credit balance exceeds a certain amount. Non-Residential: Retail rate export compensation. NEG is carried forward and paid out to the customer at the end of the annual period at the avoided cost rate.

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