SRP Time-of-Use Price Plan
With the SRP Time-of-Use™ (TOU) Price Plan, you can save money on your electric bill by using less electricity weekdays from 1–8 p.m. between May and October.
Between November and April, higher cost on-peak hours are weekdays from 5–9 a.m. and 5–9 p.m.
You'll pay lower off-peak prices all other hours, including weekends and six observed holidays.*
* New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day
Customers that save on TOU see an average annual savings of nearly 6% on their electric bills. Get tips for how you can save.
TOU could be the right price plan for you if:
- You can use less energy during seven to eight higher-cost weekday hours.
- You can be flexible about when you use major home appliances, such as the air conditioner and clothes dryer.
- Your home size is average to large.
- You have a pool.
You can also sign up by calling (602) 236-8888 24 hours a day, seven days a week.
TOU plan prices
Energy is priced per kilowatt-hour (kWh) and your monthly energy charge is based on the total amount of energy used during your billing cycle. The amount used in your home is constantly monitored and recorded by the meter. For example, if you use a 1 kWh appliance for three hours, you use 3 kWh of electricity.
* Higher on-peak prices are in effect Monday through Friday only during the hours shown. Lower off-peak prices are in effect all other weekday hours, weekends and six observed holidays: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day.
Why are energy prices higher in the summer?
The kWh or unit cost of energy is different in winter and summer regardless of your price plan. The price you pay rises and falls with the demand for electricity. During the coolest months, customer usage, generation costs and the price you pay are lowest. During the hottest months, customer usage skyrockets and generation costs to meet peak demand are highest.
Ways to save money
To save money, you must use less electricity during higher-cost, on-peak hours Monday through Friday.
- Reduce on-peak energy usage
Understand how devices in your home contribute to higher cost usage and find out what actions you can take to save money. The average TOU customer uses about 25% on-peak, higher-cost energy.
- Estimate your savings
Understand how much energy you use during higher cost times and calculate your potential savings on a Time-of-Day plan. Log into My Account and click on the "Choose the right price plan" for a comparison based on your energy usage.
- Discover more ways to save
Check out other TOU money-saving tips.
For more information about the TOU Price Plan, view the complete TOU Plan sheet .