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Updated: March 2026

Electric & Gas Utility

Salt River Project

Commercial rate guide for SRP โ€” Central Arizona including the east Valley of metropolitan Phoenix (Mesa, Tempe, Scottsdale, Chandler, Gilbert). One of the largest public power utilities in the US. Also provides water service.

AZ

Rate Overview

$0.11per kWh
Electric & Gas
Not Available

Rate Structure

E-32 (general service) and E-36 (large general service) rate schedules. Time-of-use rates with aggressive summer on-peak pricing. Demand charges for all commercial accounts. Customer generation pricing for solar installations.

Recent Rate Changes

Rising

4.5% rate increase effective May 2026 approved by SRP Board for infrastructure i

4.5% rate increase effective May 2026 approved by SRP Board for infrastructure investment and renewable energy portfolio expansion

Common Billing Issues

Property managers with SRP accounts frequently encounter these billing challenges:

Aggressive summer on-peak pricing driving very high seasonal bills

Customer generation (solar) demand charge structure controversy

Time-of-use peak window narrower than APS creating switching confusion

Demand ratchet provisions on E-36 accounts

Water and electric combined billing complexity

Deregulation & Supply Choice

Regulated Market

The utility is the sole provider in this service territory.

โœ—No competitive supply choice

SRP is a public power utility and political subdivision of Arizona not regulated by the AZ ACC. Rates set by SRP Board of Directors. No competitive supply choice. Not subject to standard deregulation framework.

Pending Rate Filings

๐Ÿ“‹

Customer generation rate reform proposal under SRP Board review; demand charge restructuring for medium commercial accounts

Cities Served

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