Introducing SRP EZ-3: the price plan that saves you money before 3 p.m. and after 6 p.m.

We're all looking for ways to live more wisely in the desert, especially in the summer. That's why we've created the SRP EZ-3™ Plan. It's called EZ-3 to remind you to limit your energy usage during the three peak hours of 3 p.m. to 6 p.m. every week day during the summer (May - October billing months).

Save with more lower-priced off-peak hours

EZ-3 is an optional price plan for residential customers who use 2,000 kilowatt-hours (kWh) of electricity or more during the summer months and who can shift their usage to off-peak hours.

Customers who enroll in the SRP EZ-3 Plan save money and energy by shifting the time of day they use major household appliances, such as the washer and dryer, pool pump, and dishwasher.

On-peak hours refer to the times of day when electricity demand is at its highest. During off-peak hours, demand for energy is less and production costs are lower - making them less expensive. So by switching to lower-priced off-peak hours, you'll save all summer long.

Plan hours

EZ-3 has two time periods -- on-peak and off-peak hours. Prices are higher during on-peak hours. Both on- and off-peak hours change from summer to winter.

Summer May 1 to June 30; Sept. 1 to Oct. 31	Summer Peak July 1 to Aug. 31	Winter Nov. 1 to April 30
All other hours, plus holidays off-peak*

*New Year's Day, Memorial Day (observed), Fourth of July, Labor Day, Thanksgiving Day and Christmas Day.

Money-back guarantee

Enroll in the SRP EZ-3 Price Plan by June 30, 2008, and we'll guarantee your savings. If your first three bills on SRP EZ-3 exceed in aggregate what you would have paid on our Basic Price Plan, call us by Nov. 30, 2008. We'll credit your SRP account for the difference and switch you back to our Basic Price Plan at no additional charge.

Price comparison

These tables demonstrate a cost-comparison between the EZ-3 and Basic Price plans.

Summer
	EZ-3		BASIC
			first 2000	over 2000
Off Peak	6.30¢ per kWh		9.70¢ per kWh	10.12¢ per kWh
On Peak	27.50¢ per kWh		9.70¢ per kWh	10.12¢ per kWh
Monthly Service Charge	$15 per month		$12 per month

Summer Peak
	EZ-3		BASIC
			first 2000	over 2000
Off Peak	6.30¢ per kWh		10.24¢ per kWh	10.70¢ per kWh
On Peak	32.50¢ per kWh		10.24¢ per kWh	10.70¢ per kWh
Monthly Service Charge	$15 per month		$12 per month

Winter
	EZ-3		BASIC
First 400 kWh	8.30¢ per kWh		8.30¢ per kWh
Over 400 kWh	6.39¢ per kWh		6.39¢ per kWh
Monthly Service Charge	$12 per month		$12 per month

Based on an average monthly usage of 1,870 kWh in the months of May through October and 89% of that usage in the off-peak period. A customer at this usage level would typically need to shift 15% of their current energy usage from the on-peak period to the off-peak period during the summer and summer peak months to achieve these savings. Monthly usage and ability to shift energy use to off-peak hours will impact savings. Monthly usage can be found on your SRP bill or online at srpnet.com\myaccount.

For more details about the EZ-3 plan (also called E-20), you can view the EZ-3 Plan price sheet (PDF).

Sign up

EZ-3 is a new program and enrollment is limited to 15,000 customers who have smart meters. Smart meters are not installed by request. SRP is installing 10,000 smart meters a month. Right now, approximately 20% of our customers have smart meters.

To find out if you qualify to enroll in SRP EZ-3, call (602) 236-9644 between 7 a.m. and 7 p.m., Monday through Friday.

Get a $40 rebate on a programmable thermostat

You can maximize your savings on SRP EZ-3 by using a programmable thermostat. As an added bonus for signing up, you will receive a coupon form for an exclusive $40 mail-in rebate from Honeywell and SRP PowerWise when you purchase a Honeywell RTH7400D 5-1-1 day Programmable Thermostat. Offer valid on purchases made between May 1, 2008, and July 31, 2008.

Limited to SRP residential customers only. Limit of one rebate per household. Must be mailed no later than Aug. 30, 2008. Honeywell and SRP are not responsible for late, lost or misdirected rebate requests. SRP assumes no responsibility for the availability or performance of any equipment, makes no representation and provides no warranty or guarantee with respect to the product described herein.