Learn about the public pricing process
SRP's Board of Directors considers changes to prices through a public pricing process. See how we make decisions in the best interest of our customers, the environment and the communities we serve.
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What is the public pricing process?
SRP opened a public pricing process on Dec. 2, 2024. Over several months, the Board will review and decide on any proposed changes to SRP's price plans after giving customers notice and offering them the opportunity to provide feedback. Any potential changes will take effect by Nov. 1, 2025. Impacts of the approved changes will vary by customer, price plan and usage.
Read on to see the changes to rate plans and rates that are being considered.
Overview of changes to be reviewed
Proposed changes to residential price plans
Learn moreProposed changes to commercial price plans
Learn moreHow SRP establishes electricity prices
SRP is a political subdivision of the State of Arizona, and our price process is not governed by the Arizona Corporation Commission (ACC). Our publicly elected Board of Directors has the authority to establish electricity prices.
The Board reviews and decides on any proposed changes to SRP's price plans after providing notice to customers and offering them the opportunity to provide their feedback.
How the Board decides on prices
These are the principles the Board follows when making pricing decisions:
Cost relation Prices need to reflect the cost of service. |
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Sufficiency Prices are needed to maintain SRP's financial health. |
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Gradualism Changes should be evolutionary, not revolutionary (so as to avoid large price adjustments). |
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Equity Customers should pay their share of the costs we incur on their behalf. |
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Choice Pricing options should be provided to help customers manage their energy costs. |
How to get involved
SRP will be conducting several Open Houses and public board meetings. We invite customers to attend and share feedback.
See key meeting dates and locations below.
Open House Sessions
Talk directly with SRP and share your thoughts on the proposed changes.
DATE | TIME | LOCATION |
Jan. 7 | 6:30-9:30 p.m. | Glendale Community College, Student Union – 6000 W. Olive Ave, Glendale, AZ 85302 |
Jan. 9 | 6:30-9:30 p.m. | ASU Polytech Campus Union, Cooley Ballroom – 5999 S. Backus Mall, Mesa, AZ 85212 |
Board Meetings
Hear SRP’s Board of Directors deliberate and discuss the proposed changes.
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Information Room
Starting Dec. 2, 2024, through March 31, 2025, SRP will make public pricing process information available to review at its main administrative offices, 1500 N. Mill Ave., Tempe, AZ 85288, weekdays, other than SRP-observed holidays, from 8:30 a.m. to 5 p.m. Information will include:
- Management’s recommended Price Proposal
- Relevant financial, planning and other information as may be pertinent and upon which the Price Proposal is based, including data from budgets and long-range plans; upon reasonable request of any interested person, SRP will supplement the information in a timely manner
- Current prices
- Reports by consultants to the Board, if any
- Proposals and comments submitted by interested persons
Get more information
Still have questions or ready to learn more? Explore SRP’s public pricing process resources.
Explore frequently asked questions
Find answers to commonly asked questions about the public pricing process.
See FAQsRead more about the public pricing process
Search through documents with more information about the public pricing process.
See documentsShare your feedback
We invite customers to provide their feedback at Open House sessions or online using the form below.