Effective with the November 2025 billing cycle, average SRP residential customers would see a monthly bill increase of 3.5%, or $5.64, if approved.“This price change reflects a proposed increase of $168.8 million in base revenue to support upgrades to the power system and an anticipated decrease of $67.7 million in fuel and purchased power revenues, which are recovered through the Fuel and Purchased Power Adjustment Mechanism rate,” SRP said Monday.
The company says other elements of the price increase proposal include:Increasing the limited-income Economy Price Plan bill credit to $25 a month and expanding program eligibility so more customers can participateTiered residential monthly service chargesNew price plans with super-off-peak daytime time-of-use hoursFreezing new participation in some current time-of-use price plansThe plan will be reviewed and the public will have a chance to weigh in on the proposed changes.