SRP Electric Rates & Plans
Electricity rates, plans, peak hours and solar rules for Salt River Project homes in Arizona. Updated November 2026.
What homes pay
- Average home rate
- 14.05¢/kWh
- 1-year change
- +0.7%
- 201911.56¢
- 202312.47¢
- 202413.46¢
- 202513.98¢
- Sep 2025 to Aug 202614.05¢
Source: U.S. Energy Information Administration, Form EIA-861M and Form EIA-861. Average rate: September 2025 to August 2026. 1-year change: January to August 2026 compared with January to August 2025.
Plans and peak hours
| Plan | Peak hours | Fixed monthly charge |
|---|---|---|
| Basic (same price all day) | None. Same price all day | $20 to $40 (by home size) |
| Time of use, 6 to 9 pm (E-28) | 6 to 9 pm | $20 to $40 (by home size) |
| Time of use with demand charge, 5 to 10 pm (E-16) | 5 to 10 pm | $20 to $40 (by home size) |
| M-Power prepaid | None. Same price all day | $20 to $40 (by home size) |
Source: SRP price plans, as of November 2025.
Solar and battery rules
- Power you send back
- SRP's solar export plans credit 3.45¢ per kWh.
- Solar fees
- SRP's net-metering-style solar plans (E-27 and E-15) include a demand charge.
Source: SRP solar price plans.
Energy, on a better plan
Solar and battery storage for one monthly payment, at a lower rate than your utility. $0 to low upfront. We own the equipment and look after it.