Time-of-Use Price Plan
Time-of-Use is part of the SRP PowerWise
portfolio that helps you save money, time and energy.
The Time-of-Use Plan is for residential customers who use 1,000 kilowatt-hours of electricity or more during the
summer months and who can shift their usage to off-peak hours.
It rewards you for washing your dishes, cleaning your pool and doing your laundry during times
of the day when electricity costs are lower.
With Time-of-Use, electricity is priced at two levels, depending on the time of day. Prices are lower during
off-peak hours and higher during on-peak hours. Switching to this price plan saves the typical customer an
average of 7% off their annual bill.
Time-of-Use Plan for business customers
is also available.
Plan hours
The Time-of-Use Price Plan 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.
 |
 |
 |
| All other hours, plus holidays (New Year's Day, Memorial Day (observed), Independence Day, Labor Day, Thanksgiving Day and Christmas Day) off-peak |
Frequently asked questions
- Can this plan save you money if you are not home during the day?
- Yes. If you're gone during the day, you already use less electricity during higher-cost, on-peak periods.
Don't leave your air conditioner or heater on all day at the usual temperature. You might also consider
installing a programmable thermostat, which will automatically change temperature settings when you're
not home.
- Will you save money if you are at home all day?
- It is possible to save money even if you're home during on-peak periods, as long as you shift energy usage
to off-peak periods. Just change a few habits and follow these
tips for saving with the Time-of-Use Price Plan.
- How will you know if you're saving money?
- Each month your electric bill will state the amount you saved on the Time-of-Use Price Plan. Remember, you'll
save the most during the hottest summer months.
- What if you are not saving money on the plan?
- If you aren't realizing savings on the Time-of-Use Price Plan, first review the
tips for saving with the Time-of-Use price plan. If you want to get off
the plan, you can switch back to the Basic Plan by using our online
price plan sign-up form, or calling
us at (602) 236-8888. Once you
return to the Basic Plan, you will not be able to return to Time-of-Use for one year.
- What if you don't live here year-round?
- If you do not live in the Phoenix area during the summer months, your annual usage probably
won't be high enough to make up for the higher monthly service charge on this plan.
Price comparison
These tables demonstrate a cost-comparison between the Time-of-Use and Basic plans.
Summer |
|
TOU |
|
BASIC |
|
|
first 2000 |
over 2000 |
| Off Peak |
6.26¢ per kWh |
|
10.19¢ per kWh |
10.61¢ per kWh |
| On Peak |
18.00¢ per kWh |
|
10.19¢ per kWh |
10.61¢ per kWh |
| Monthly Service Charge |
$15 per month |
|
$12 per month |
Summer peak |
|
TOU |
|
BASIC |
|
|
first 2000 |
over 2000 |
| Off Peak |
6.30¢ per kWh |
|
10.73¢ per kWh |
11.19¢ per kWh |
| On Peak |
20.03¢ per kWh |
|
10.73¢ per kWh |
11.19¢ per kWh |
| Monthly Service Charge |
$15 per month |
|
$12 per month |
Winter |
|
TOU |
|
BASIC |
|
first 400 |
over 400 |
|
first 400 |
over 400 |
| Off Peak |
7.61¢ per kWh |
5.78¢ per kWh |
|
8.79¢ per kWh |
6.88¢ per kWh |
| On Peak |
8.60¢ per kWh |
8.60¢ per kWh |
|
8.79¢ per kWh |
6.88¢ per kWh |
| Monthly Service Charge |
$15 per month |
|
$12 per month |
For more details about the Time-of-Use plan (also called E-26), you can view the
Time-of-Use Plan price sheet (PDF).
Meter access
The special Time-of-Use meter records the time and amount of electricity used, and requires several manual
functions to be performed at the meter by SRP personnel each month. This ensures you will be billed properly.
Our meter readers will need to enter your yard to read the meter.
SRP meter readers must have unrestricted access to the meter for our employees' safety. To help protect our
field employees from unexpected potential hazards, SRP requires that the meter not be located behind
a locked gate or in a yard with a dog.
If you need to keep your gate locked, SRP will provide you with a lock and a key that will permit you to lock
your gate but still allow access for SRP's meter reader. Please call (602) 236-8888 for more information.
Sign up
Just complete our online form or call
(602) 236-8888 between 7 a.m. and 7 p.m., Monday through Friday.
Reminder: Participation in this program requires unrestricted meter access to ensure the
safety of SRP meter readers. Thank you for your cooperation in protecting our field employees from unexpected
potential hazards.