HomeWattCost

Salt River Project (SRP) rates

Peak hours on SRP E-28: 6 pm–9 pm, on weekdays, all year. SRP has 2 residential plans modeled here. For a typical Arizona home using 1,054 kWh a month, the cheapest plan open to any household is E-28, at about $158 a month.

Public power 1,074,095 residential customers (EIA-861, 2025) Tariffs checked November 12, 2026

Typical all-in priceE-28

15.0¢/kWh
E-23$159/mo
E-28$158/mo

SRP sets its monthly service charge by service size; the plans shown use Tier 2 ($30), the size of a typical single-family house (up to 225 A). E-21, E-26 and E-29 closed to new customers in November 2025.

Residential plans

PlanTypeFixed/moJuly pricesJanuary pricesJuly weekday windows
E-23
Basic Price Plan
Flat $30.00 14.0¢ all hours 11.0¢ all hours None
E-28
Conserve 6-9 p.m. and Save
Time-of-useEV $30.00 Off-peak 6.6¢ · Mid-peak 12.8¢ · Peak 40.2¢ Off-peak 4.3¢ · Mid-peak 13.6¢ · Peak 15.1¢ Mid-peak 12 am–8 am, Mid-peak 3 pm–6 pm, Peak 6 pm–9 pm, Mid-peak 9 pm–12 am

E-28: price by hour

July weekday. Summer pricing Jul–Aug; winter Nov–Apr.

Off-peakMid-peakPeak
12.8¢6.6¢12.8¢40.2¢12.8¢12a3a6a9a12p3p6p9p12a

SRP peak and off-peak hours

What are SRP’s peak hours?

It depends on the plan. E-28: Mid-peak 12 am–8 am, Mid-peak 3 pm–6 pm, Peak 6 pm–9 pm, Mid-peak 9 pm–12 am, on weekdays, all year; weekends: Mid-peak 12 am–8 am, Mid-peak 3 pm–12 am. Hours are local clock time.

When is electricity cheapest on SRP?

On summer weekdays the lowest price is E-28: 8 am–3 pm at 6.6¢/kWh, against 40.2¢ at the peak. E-23 charges the same price at every hour.

Which SRP plan is cheapest?

For a typical Arizona home using 1,054 kWh a month, E-28 at about $158 a month (15.0¢/kWh all-in, before taxes). With an EV charged at its cheapest hour, E-28 gives the lowest total.

Peak and off-peak hours of every utility

Charging an EV on SRP

1,000 miles a month in a Tesla Model Y Long Range AWD (275 kWh from the wall, EPA 27.5 kWh/100 mi) at 7.2 kW, added to a typical Arizona home’s use, on each plan’s cheapest start hour versus plugging in at 6 pm. Averaged over the year.

PlanBest startCharging, best startCharging from 6 pmWhole bill with EV
E-23Any$33/mo$33/mo$191/mo
E-288 am$13/mo$51/mo$171/mo

With an EV charged at its best hour, the cheapest plan overall is E-28. Compare plans on your own usage.

Cost to charge each EV on SRP E-28

1,000 miles a month at 7.2 kW, starting at 8 am, the plan’s cheapest hour, added to a typical Arizona home’s bill. Full charge: the EPA range, at the plan’s lowest price (6.6¢/kWh). EPA efficiency, from the wall.

ModelkWh/100 mi1,000 mi a monthFull charge
Lucid Air Pure (2027)23.1$11/mo$6.41
Tesla Model Y Standard RWD (2026)24.3$11/mo$5.16
Tesla Model 3 Standard RWD (2026)24.3$11/mo$5.16
Toyota bZ (2027)25.5$12/mo$5.29
Tesla Model 3 Premium RWD (2027)26$12/mo$6.24
Hyundai Ioniq 6 RWD (2025)26$12/mo$5.88
Tesla Model S (2026)27.1$12/mo$7.34
Tesla Model Y Long Range AWD (2026)27.5$13/mo$5.94
Nissan Leaf 75 kWh (2026)27.8$13/mo$5.57
Chevrolet Bolt (2027)28.2$13/mo$4.88
BMW i4 eDrive40 (2026)28.5$13/mo$6.27
Kia EV3 Long Range FWD (2027)29$13/mo$6.15
Volvo EX30 Single Motor (2026)29.2$13/mo$5.04
Kia EV6 Long Range RWD (2027)29.6$14/mo$6.24
Volkswagen ID.4 (2026)29.8$14/mo$5.73
Hyundai Ioniq 5 RWD (2027)30$14/mo$6.31
Ford Mustang Mach-E RWD Extended Range (2026)30.7$14/mo$6.49
Chevrolet Equinox EV FWD (2027)31.1$14/mo$6.56
Tesla Model X (2026)32.2$15/mo$7.49
Chevrolet Blazer EV FWD (2027)32.3$15/mo$6.66
Honda Prologue FWD (2026)32.5$15/mo$6.62
Nissan Ariya FWD 87 kWh (2026)34.4$16/mo$6.57
Cadillac Lyriq RWD (2027)36.8$17/mo$7.93
Hyundai Ioniq 9 AWD (2027)38$17/mo$8.04
Kia EV9 Long Range RWD (2027)38$17/mo$7.66
Tesla Cybertruck AWD (2026)42.9$20/mo$9.22
Rivian R1S Premium (2027)42.9$20/mo$8.51
Rivian R1T Premium (2027)42.9$20/mo$8.51
Chevrolet Silverado EV Extended Range WT (2026)47.8$22/mo$13.40
Ford F-150 Lightning Extended Range (2025)47.9$22/mo$10.13

How SRP’s plans work

E-23 (Basic Price Plan). One price per kWh at every hour: 14.0¢ in July and 11.0¢ in January. Shifting use to other hours changes nothing on this plan; using less is the only lever. Fixed charge: $30.00 a month.

E-28 (Conserve 6-9 p.m. and Save). Mid-peak 12 am–8 am, Mid-peak 3 pm–6 pm, Peak 6 pm–9 pm, Mid-peak 9 pm–12 am on July weekdays; 3 of 24 hours carry the top price of 40.2¢. The cheapest July weekday hour costs 6.6¢, so moving 1 kWh out of the top hours saves 33.6¢. January weekdays range from 4.3¢ to 15.1¢. Weekends differ: Mid-peak 12 am–8 am, Mid-peak 3 pm–12 am. Fixed charge: $30.00 a month.

Prices on this page are all-in per kWh, before taxes: base rates, supply and every per-kWh rider in the utility’s current tariff sheets. Your bill shows them as separate lines, and riders can change between tariff revisions.

As a cross-check, SRP billed its residential customers an average of 13.98¢ per kWh in 2025 (revenue ÷ sales, EIA-861). A plan taken from URDB is shown only if its all-in price is consistent with that figure, adjusted for Arizona’s price change since.

Sources for each plan

PlanEffectiveSeasonsSolar exportsSource and status
E-23
Transcribed from the utility’s tariff
November 1, 2026 Summer pricing Jul–Aug; winter Nov–Apr — Checked October 29, 2026
SRP Standard Electric Price Plans, Nov 2025 billing cycle incl. Jan 2026 TCA (published Jan 1, 2026) - prices in effect from Nov 2026 billing cycle · SRP E-23 rate sheet (Nov 2025 billing cycle incl. Jan 2026 TCA), linked as 'Basic Price Plan Information' · SRP Basic Price Plan page (checked 2026-10-29): 'Prices will return to the levels shown on this page effective with the November 2026 billing cycle.' · SRP Standard Electric Price Plans incl. temporary FPPAM decrease May-Oct 2026 billing cycles (expires with Oct 2026 cycle; source of May 2026 export rate) · SRP Board approves temporary summer rate decrease (FPPAM, May-Oct 2026 billing cycles)
E-28
Transcribed from the utility’s tariff
November 1, 2026 Summer pricing Jul–Aug; winter Nov–Apr Net Billing Checked October 29, 2026
SRP Standard Electric Price Plans, Nov 2025 billing cycle incl. Jan 2026 TCA (published Jan 1, 2026) - prices in effect from Nov 2026 billing cycle · SRP Conserve 6-9 p.m. and Save page (checked 2026-10-29): 'Prices will return to the levels shown on this page effective with the November 2026 billing cycle.' · SRP E-28 rate sheet (temporary FPPAM version, May-Oct 2026; export rate $0.0187 eff. May 2026 billing cycle) · SRP Standard Electric Price Plans incl. temporary FPPAM decrease May-Oct 2026 billing cycles (expires with Oct 2026 cycle; source of May 2026 export rate) · SRP Board approves temporary summer rate decrease (FPPAM, May-Oct 2026 billing cycles)

Plans marked “Checked” were transcribed from the utility’s current tariff and rider sheets, all charges included, and are re-checked on the date shown in each file. Other plans come from the OpenEI U.S. Utility Rate Database (CC BY 4.0) and have not yet been checked line by line against the utility’s tariff. Always confirm the current rates on your utility’s website before switching plans.

Compare two SRP plans

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