Thursday - December 26, 2024
SRP Initiates Pricing Process That Seeks Price Increase and New Price Plan Options
December 03, 2024
PHOENIX, Arizona, Dec. 3 -- The Salt River Project, a public power utility and electricity provider, issued the following news on Dec. 2, 2024:

Salt River Project (SRP) management today opened a public pricing process that seeks an overall 2.4 percent price increase. 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 recov . . .

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