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SRP Business Time-of-Use (TOU) Price Plan

SRP's business TOU price plan is designed for businesses that are able to take advantage of lower electricity prices in shoulder and off-peak periods. See how watching the clock could help your company maximize its energy savings.

On this page:

    How it works

    On the business TOU (E-32) price plan, electricity is priced at three different levels depending on the time of day — on-peak, shoulder and off-peak pricing periods.

    The key to saving money on this plan is to limit usage during the higher-priced on-peak hours and instead shift usage to lower-priced off-peak and shoulder hours.

    If you’re already doing this, switching to this SRP commercial price plan could maximize your energy savings.

    Pricing

    A graphic showing the energy charges for the Business TOU price plan. Prices during the summer season, which includes the May, June, September and October billing cycles, are 5.58 cents per kilowatt hour during off-peak times, which are 7 p.m. to 11 a.m., 9.94 cents per kilowatt hour during shoulder times, which are 11 p.m. to 2 p.m., and 13.86 cents per kilowatt hour during on-peak times, which are 2 to 7 p.m. During the Summer Peak season, which includes the July and August billing cycles, prices are 5.69 cents per kilowatt hour during off-peak times, which are 7 p.m. to 11 a.m., 10.74 cents per kilowatt hour during shoulder times, which are 11 a.m. to 2 p.m. and 15.99 cents per kilowatt hour during on-peak times, which are 2 to 7 p.m. During the winter season, which includes the November through April billing cycles, prices are 5.35 cents per kilowatt hour during off-peak hours, which are 9 p.m. to 5 a.m. and 9 a.m to 5 p.m., 9.92 cents per kilowatt hour during shoulder hours, which are 5 p.m. to 9 p.m., and 10.57 cents per kilowatt hour on-peak hours, which are 5 a.m. to 9 a.m.

    In addition to per-kilowatt-hour charges, you will also see demand charges and a service charge on your bill. 

    Here’s a breakdown of the charges per season:

    • Summer on-peak demand charge: $5.29
    • Summer peak on-peak demand charge: $6.99
    • Winter on-peak demand charge: maximum of $4.69
    • Summer, summer-peak and winter shoulder and off-peak demand charge: $1.05
    • Monthly service charge: $22.72 plus meter charge (CT/PT $16.88 or demand $6.11)
    • All weekend hours are considered off-peak.

    One thing to note: The demand charge applies to all kW greater than 5 kW of maximum demand measured during on-peak hours and the maximum demand measured during shoulder and off-peak hours.

    Try it for 90 days, risk-free

    If your first three bills on business TOU aren't lower than what you would have paid on the General Service Price Plan, contact us and we'll credit you the difference and switch you back.

    How is this plan different from the General Service Price Plan?

    The biggest difference is that the TOU plan is designed for businesses who can be more flexible in their operating hours vs. the General Service plan that encourages stability in energy use.

    See the General Service (E-36) and Time-of-Use (E-32) price plans side by side in this comparison chart.

      General Service Time-of-Use General Service
    Plan/contract terms
    • No minimum contract length
    • Subject to equipment availability
    • Summer period is May-June and Sept.-Oct.; summer peak period is July and Aug.; and winter period is Nov.-April
    • Special meter may be required
    • No minimum contract length
    • Summer period is May-June and Sept.-Oct.; summer peak period is July and Aug.; and winter period is Nov.-April
    • Special meter may be required
    Power source
    • Gas, coal, hydroelectric, nuclear, solar
    • Gas, coal, hydroelectric, nuclear, solar
    Special offers
    • Automatic bill payment (SurePay)
    • Custom Due Date
    • Automatic bill payment (SurePay)
    • Custom Due Date
    Fees to switch energy providers
    • None to customer
    • None to customer
    Billing
    • Time of use hours
    • Stretcher blocks

     

    How to save the most with TOU

    Businesses that can avoid high electricity usage during peak usage hours (summer, 2–7 p.m., and winter, 5–9 a.m.) and shift to lower-priced off-peak and shoulder hours will save the most.

    That includes businesses open:

    • Monday–Friday (8 a.m.–5 p.m.)
    • Earlier in the summer
    • Later in the winter (after 9 a.m.)
    • Weekends

    Ready to change your price plan?

    Think the Business TOU Price Plan would be a good fit for your business? Call (602) 236-8833(602) 236-8833 to make the switch.

    For more information, see the business TOU Price Plan sheetDocument is a PDF and applicable ridersDocument is a PDF.