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Learn about the public pricing process hero image

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.

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

Residential
overview of residential changes
Proposed changes to residential price plans

Learn more
Commercial
overview of commercial changes
Proposed changes to commercial price plans

Learn more

How 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:

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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 85302Open new site.
Jan. 9 6:30-9:30 p.m. ASU Polytech Campus Union, Cooley Ballroom – 5999 S. Backus Mall, Mesa, AZ 85212Open new site.

 

Board Meetings

Hear SRP’s Board of Directors deliberate and discuss the proposed changes.

Date Time Location
Jan. 31 9:30 a.m.
Presentations & comments
Mohave Room:
1500 N. Mill Ave., Tempe, AZ 85288Open new site.
 
Feb. 6 9:30 a.m.
Additional Board Meeting
Mohave Room:
1500 N. Mill Ave., Tempe, AZ 85288Open new site.
 
Feb. 11 9:30 a.m.
Additional Board Meeting
Mohave Room:
1500 N. Mill Ave., Tempe, AZ 85288Open new site.
 
Feb. 27 9:30 a.m.
Final vote by the SRP Board
Mohave Room:
1500 N. Mill Ave., Tempe, AZ 85288Open new site.
 

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 FAQs
Read more about the public pricing process

Search through documents with more information about the public pricing process.

See documents

Share your feedback

We invite customers to provide their feedback at Open House sessions or online using the form below.

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By submitting this form, you agree to your views, opinions, questions or comments being made public and shared with the SRP Board and Council. Your submission will be considered a public record and will be visible and accessible to the public online and in SRP's information room.

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