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.
In addition to per-kilowatt-hour charges, you will also see demand charges and a service charge on your bill. The demand charge is based on your on-peak demand each billing cycle.
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 shoulder or 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|
|Fees to switch energy providers||
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.)
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.