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SRP solar price plans

SRP solar price plans

SRP offers flexible residential solar price plans so you can choose one that’s right for you.

Public pricing process

SRP opened a public pricing process on Dec. 2, 2024. Proposed changes, if approved by the Board, will take effect with the November 2025 billing cycle. For more information, please visit the price process page.

Solar price plans 

SRP offers demand- and export-based plans for customers with existing rooftop solar systems or other energy-generating capabilities. Find the best fit for your lifestyle.

Demand plans

Ideal for customers who produce some of their own energy. These plans include monthly demand charges and offer the lowest rates of all SRP residential plans.

  • Customer Generation Plan — For homes with consistent energy usage. Save by minimizing demand during on-peak hours and by actively tracking and managing your usage online. See detailed plan infoDocument is a PDF
  • Average Demand Plan — For customers with fluctuating demand needs who want a more hands-off, worry-free approach. On this plan, you don't have to worry as much if your demand varies a lot. The per-kilowatt (kW) demand charges are higher though, so you should carefully consider which plan best meets your needs. See detailed plan infoDocument is a PDF

Export plans

For customers who generate most of their own energy. Any excess energy you generate will be instantly exported by SRP and credited to your bill at a fixed price of 2.81 cents per kilowatt-hour (kWh). It’s advantageous for these customers to shift their energy use to the middle of the day, when their system is generating the most energy.

Compare solar price plans

Customer Generation Average Demand Time-of-Use Export Electric Vehicle Export
Demand-based pricing checkmark checkmark
Net metering checkmark checkmark
Export rate checkmark checkmark
Winter ratesNov. through April prices per kWh On-peak6.74¢ On-peak6.74¢ On-peak12.15¢ On-peak12.15¢
Off-peak6.34¢ Off-peak6.34¢ Off-peak9.55¢ Off-peak10.01¢
Super off-peak8.39¢
Summer ratesMay/June/Sept./Oct. prices per kWh On-peak6.63¢ On-peak6.63¢ On-peak22.95¢ On-peak22.95¢
Off-peak5.61¢ Off-peak5.61¢ Off-peak9.28¢ Off-peak9.66¢
Super off-peak8.12¢
Summer peak ratesJuly through August prices per kWh On-peak8.23¢ On-peak8.23¢ On-peak26.10¢ On-peak26.10¢
Off-peak6.13¢ Off-peak6.13¢ Off-peak9.31¢ Off-peak9.71¢
Super off-peak8.15¢

Customer Generation

  • Demand-based pricing
  • Net metering

Winter rates — Nov. through April prices per kWh

On-peak6.74¢
Off-peak6.34¢

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

On-peak6.63¢
Off-peak5.61¢

Summer peak rates — July through August prices per kWh

On-peak8.23¢
Off-peak6.13¢

Average Demand

  • Demand-based pricing
  • Net metering

Winter rates — Nov. through April prices per kWh

On-peak6.74¢
Off-peak6.34¢

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

On-peak6.63¢
Off-peak5.61¢

Summer peak rates — July through August prices per kWh

On-peak8.23¢
Off-peak6.13¢

Time-of-Use Export

  • Export rate

Winter rates — Nov. through April prices per kWh

On-peak12.15¢
Off-peak9.55¢

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

On-peak22.95¢
Off-peak9.28¢

Summer peak rates — July through August prices per kWh

On-peak26.10¢
Off-peak9.31¢

Electric Vehicle Export

  • Export rate

Winter rates — Nov. through April prices per kWh

On-peak12.15¢
Off-peak10.01¢
Super off-peak8.39¢

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

On-peak22.95¢
Off-peak9.66¢
Super off-peak8.12¢

Summer peak rates — July through August prices per kWh

On-peak26.10¢
Off-peak9.71¢
Super off-peak8.15¢

How solar pricing works

SRP solar plans allow customers to offset a portion of their monthly energy bill by generating some of their own power.

A common misconception is that rooftop solar customers won’t receive an SRP bill of any kind. While that isn’t true, your monthly bill can be lower with solar generation than it would be without. Typically, solar customers continue to rely on SRP for around two-thirds of their electricity needs. SRP bills solar customers for the costs of providing electric service.

While you may save money on your SRP bill with rooftop solar, those savings are unrelated to the cost of your solar panels. Whether your SRP bill savings exceed the cost of your solar panels will depend on a variety of factors, including how the panels perform and what you paid for them.

What is the peak kW demand charge?

The peak kW demand is based on the one highest 30-minute interval during on-peak hours when the customer used the maximum or peak amount of electricity.

  • The billing meter automatically takes demand measurements every half-hour during on-peak hours (excluding weekends and holidays). For example: from 2–2:30 p.m., 2:30–3 p.m., etc.
  • At the end of the billing cycle, the max highest 30-minute measurement is used to compute the billed demand charge (to cover all demand throughout the entire billing cycle). Once the peak kW demand is determined, the pricing is broken into three respective tiers.

For more info, check out the cost breakdown example of the Customer Generation Plan below:

Customer generation plan cost breakdown