SRP’s New Rates Start in November: What You Need to Know

This November, Salt River Project (SRP) is rolling out new residential pricing plans that will affect every household it serves. Bills will rise, monthly service charges will change, and current plans will be phased out by 2029. If you have rooftop solar, your options will be more limited. These changes aren’t just about dollars and cents on your next bill — they reflect bigger questions about affordability, clean energy, and who gets to shape Arizona’s energy future. Here’s what’s changing and why the 2026 SRP Board election will be so important.

Key changes in November

Bills go up: Non-solar households will see an average increase of about $5.61/month, while solar customers face an even steeper $7.93/month increase. This could be higher in the summer and lower in the winter.
Monthly service charges change:
- Apartments/condos: $20
- Single-family homes: $30
- Large homes: $40
Old plans end: Some current rate plans will end this month, while others will be retired by November 2029.

Which Plan Should Solar Customers Choose?

For most households, → E-28: Time-of-Day Plan is the simplest, and solar customers can save money by minimizing energy usage from 6 to 9 pm when prices are most expensive. This plan rewards daytime energy usage, and electricity is cheapest from 8 am to 3 pm.
If your household can limit your energy usage throughout the evenings using smart thermostats, batteries, or EV charging timers → E-16: Manage Demand Plan may work for you. This price plan includes a demand charge that is based on your highest 30 minutes of energy usage between 5 and 10 pm. Average energy prices are lower on this plan, but it requires careful monitoring since using a large appliance (like air conditioning or an EV charger) for even a few minutes during this period can have a big impact on your bill.
Default option if you don’t choose: SRP will eventually move everyone to E-23 (flat rate), but solar customers are excluded—you must select either E-16 or E-28.

For solar customers

For SRP customers who invested in rooftop solar, the changes are especially significant:

Monthly service charges now match those of non-solar homes, which means a small decrease for many but still locks in higher fixed costs.
Export credit rises to 3.45¢/kWh, but will now reset annually. That means your credits could drop year to year depending on SRP’s policies.
New solar households will have two rate plan options to choose. Existing solar households will transition to one of the new plans by 2029:
- E-16 Manage Demand
- E-28 Time-of-Day with Super Off-Peak

Selecting the best price plan for your home is very important to maximize the value of an investment in solar. Make sure you understand the fine print before selecting a new price plan.

Bill assistance

SRP is expanding help for low-income customers:

≤150% FPL: $35/month credit
151–200% FPL: $10/month credit
Plus $5M/year in added assistance

Why this matters for 2026

These changes aren’t happening in a vacuum. SRP is a public power utility with an elected Board of Directors that sets these rates and makes key energy decisions. The next election is April 7, 2026. Board members will help decide how future rate increases are structured, whether solar options expand or shrink, and how SRP balances fossil fuels with clean energy. If you’re eligible to vote, your ballot will help shape future bills, plan options, and Arizona’s energy direction.

What You Can Do Now

Review your bill and usage before November so you know how these changes will affect you and you can prepare for added costs.
Compare the two available solar plans (if applicable) to see which works best for your household.
Stay engaged for 2026 — learn about the candidates running for SRP’s Board and what they stand for affordability, solar, and clean energy.