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Compare residential price plans

Feel empowered to pick your own price plan.

SRP offers a variety of price plans for our residential customers, so you can choose one that fits your lifestyle and your budget. Need help picking the right plan for you? Give us a call at (602) 236-8888. We’re here 24 hours a day, seven days a week.

SRP plans

Time-of-day plans

Save on your electric bill by planning to use most of your energy during off-peak hours.

  • SRP Time-of-Use Price Plan™ – Get even bigger savings when you limit your energy use for six on-peak hours on weekdays. Peak hours change seasonally.  
  • SRP EZ-3 Price Plan™ – Limit your energy use for just three peak hours on weekdays. You’ll enjoy lower rates during all other hours, including weekends and select holidays.
  • Residential Demand Price Plan Pilot – Our biggest chance to save. Limit weekday energy usage during six off-peak hours and avoid using major appliances at the same time.  
  • SRP Electric Vehicle Price Plan™ – A plan for EV owners. Charge your vehicle during super off-peak hours and save an average of 8.7% on your bill* compared to customers on our Basic Price Plan. 
*Based on SRP analysis of customer usage from January through December 2021.

Other price plans

  • SRP M-Power® – No surprises here. Take control of your energy use by purchasing energy before you use it. Track your usage and get alerted when power is running low.
  • Basic Price Plan – Keep it simple. Use energy at the same price, no matter the time.

Have rooftop solar or other energy-generating capabilities? Learn about SRP’s Residential Solar Plans.

Compare plans

EZ-3 Time-Of-Use Electric Vehicle Basic M-Power Residential Demand Price Plan Pilot
Save by switching energy use to off-peak hours checkmark checkmark checkmark checkmark
Energy prices are the same all times of the day checkmark checkmark
Pay a monthly bill checkmark checkmark checkmark checkmark checkmark
Pre-pay for energy as you use it checkmark
Winter ratesNov. through April prices per kWh On-peak11.10¢ On-peak9.98¢ On-peak9.98¢ 24 hours8.29¢ 24 hours8.29¢ On-peak4.57¢
Off-peak7.85¢ Off-peak7.83¢ Off-peak7.84¢ Off-peak4.17¢
Super off-peak6.22¢
Summer ratesMay/June/Sept./Oct. prices per kWh On-peak29.24¢ On-peak21.23¢ On-peak21.23¢ 24 hours11.20¢First 2000 kWh11.63¢Beyond 2000 kWh 24 hours11.43¢ On-peak4.91¢
Off-peak8.58¢ Off-peak7.56¢ Off-peak7.94¢ Off-peak3.89¢
Super off-peak6.40¢
Summer peak ratesJuly through August prices per kWh On-peak34.73¢ On-peak24.38¢ On-peak24.38¢ 24 hours11.86¢First 2000 kWh12.99¢Beyond 2000 kWh 24 hours12.14¢ On-peak6.51¢
Off-peak8.82¢ Off-peak7.59¢ Off-peak7.99¢ Off-peak4.41¢
Super off-peak6.43¢

EZ-3

  • Save by switching energy use to off-peak hours
  • Pay a monthly bill

Winter rates — Nov. through April prices per kWh

On-peak11.10¢
Off-peak7.85¢

Summer rates — May/June/Sept./Oct. prices per kWh

On-peak29.24¢
Off-peak8.58¢

Summer peak rates — July through August prices per kWh

On-peak34.73¢
Off-peak8.82¢

Time-Of-Use

  • Save by switching energy use to off-peak hours
  • Pay a monthly bill

Winter rates — Nov. through April prices per kWh

On-peak9.98¢
Off-peak7.83¢

Summer rates — May/June/Sept./Oct. prices per kWh

On-peak21.23¢
Off-peak7.56¢

Summer peak rates — July through August prices per kWh

On-peak24.38¢
Off-peak7.59¢

Electric Vehicle

  • Save by switching energy use to off-peak hours
  • Pay a monthly bill

Winter rates — Nov. through April prices per kWh

On-peak9.98¢
Off-peak7.84¢
Super off-peak6.22¢

Summer rates — May/June/Sept./Oct. prices per kWh

On-peak21.23¢
Off-peak7.94¢
Super off-peak6.40¢

Summer peak rates — July through August prices per kWh

On-peak24.38¢
Off-peak7.99¢
Super off-peak6.43¢

Basic

  • Energy prices are the same all times of the day
  • Pay a monthly bill

Winter rates — Nov. through April prices per kWh

24 hours8.29¢

Summer rates — May/June/Sept./Oct. prices per kWh

24 hours11.20¢First 2000 kWh11.63¢Beyond 2000 kWh

Summer peak rates — July through August prices per kWh

24 hours11.86¢First 2000 kWh12.99¢Beyond 2000 kWh

M-Power

  • Energy prices are the same all times of the day
  • Pre-pay for energy as you use it

Winter rates — Nov. through April prices per kWh

24 hours8.29¢

Summer rates — May/June/Sept./Oct. prices per kWh

24 hours11.43¢

Summer peak rates — July through August prices per kWh

24 hours12.14¢

Residential Demand Price Plan Pilot

  • Save by switching energy use to off-peak hours
  • Pay a monthly bill

Winter rates — Nov. through April prices per kWh

On-peak4.57¢
Off-peak4.17¢

Summer rates — May/June/Sept./Oct. prices per kWh

On-peak4.91¢
Off-peak3.89¢

Summer peak rates — July through August prices per kWh

On-peak6.51¢
Off-peak4.41¢

How pricing works

Not sure why your bill changes each month? When it comes to energy pricing, it’s all about supply and demand. Demand for energy is higher at certain times, like after work on weekdays or during the summer months. During times of high demand, the price you pay is higher because the grid is working harder to meet demand.

Big appliances and electronics also increase your bill since they use more energy. Save money by using appliances during off-peak hours and by not using them at the same time.

How much energy do common appliances use in one hour?

Energy is priced per kilowatt-hour (kWh) and the hourly cost increases during times of high demand. Your monthly charge is based on the amount of energy used during different times of day.

Clothes washers use

.25 kW/hour

Dishwashers use

.33kW/hour

Pool pumps use

1kW/hour

Central air conditioners use

1.2kW/hour

Clothes dryers use

2.8kW/hour

How do kilowatts translate into electric bills? If energy costs an average of 15¢ per kWh and you use just your air conditioner for 24 hours, you pay $2.88 to cool your home for one day.

15¢per kW/hour
x
1.2kW/hour
x
24hours
=
$2.88total

The less you use during peak times, the more you save.*

Ready to change your price plan?

If your current price plan isn’t a fit, you can change it at any time. Visit SRP My Account™ to see what plan you’re on and to make the switch to a new plan.

View the complete SRP ratebookDocument is a PDF.