SRP offers a variety of price plans so you can choose one that best fits your lifestyle and budget. Do you know how to maximize your savings on your current price plan? Are you on the plan that’s the best fit for you? Take the steps below to find out.
Find the best price plan for you
Step 1: Confirm which price plan you currently have.
You can easily check which price plan you’re on by logging in to your SRP My Account™ through our website or mobile app.
Step 2: Compare price plans
SRP has three main types of price plans:
- Basic: Pay the same amount for electricity kilowatt-hours (kWh) all the time. There are no on- or off-peak hours.
- SRP M-Power®: Prepay and pay-as-you-go for power. Ideal for budget-minded customers.
- Time-of-Day: Save on your electric bill by planning to use most of your energy during super off-peak hours.
- Conserve 6–9 p.m. and Save
- Manage Demand 5–10 p.m. and Save
To help prevent strain on the power grid, our price plans are designed to encourage customers to lower their energy usage during higher-cost hours. The higher the demand for energy, the more expensive it is to generate.
Step 3: Find the right price plan for your lifestyle
Let’s take a closer look at each price plan type and the energy use habits that can help you save on your bill.
Basic Price Plan
On the SRP Basic Price Plan, the price per kWh is always the same no matter when you use electricity.
The basic price plan is a good option for you if:
- Your home is small to average in size
- You do not use a lot of energy
- You cannot shift your energy usage
- You live in a home only part time
- One person resides in the home
We recommend that you consider another price plan if your home’s energy use has increased or you have a pool.
SRP M-Power®
With the SRP M-Power prepaid price plan, customers have a pay-as-you-go solution that allows them to choose when, where and how often to pay for energy before using it.
This plan is best for customers who:
- Want to prepay for energy as they use it
- Are budget-focused
- Want more control over their energy consumption
Time-of-Day
SRP offers two Time-of-Day energy price plans — Conserve 6–9 p.m. and Save and Manage Demand 5–10 p.m. and Save — to customers who can shift their energy use to off-peak hours. Super off-peak hours are from 8 a.m.–3 p.m. every day, and depending on your plan, on-peak hours are year-round from 6–9 p.m. or 5–10 p.m. Customers on these price plans will pay lower prices during all other hours, including weekends and six observed holidays.
These plans are ideal for customers who:
- Can use major appliances before or after higher-cost on-peak hours
- Have an average to large home
- Have a pool
- Can charge their EV during super off-peak hours