What is the price of SRP?

What is the price of SRP?

Most customers on this price plan will pay a monthly service charge of $32.44. A portion of this plan’s monthly service charge is based on the size of your home’s Service Entrance Section (SES) – the electrical panel where power enters the home. Most homes within SRP’s service territory will be billed $32.44 per month.

What time of day is cheapest to use electricity?

Electricity is often cheaper late at night or early in the morning, so those will be the times when you can save money on your electric bill. This is because these are typical off-peak hours when not as many people are using electricity.

What are peak hours in Arizona?

On-peak hours are weekdays 5–9 a.m. and 5–9 p.m. from November through April and weekdays from 2–8 p.m. May through October. All other times, including weekends and six holidays are off-peak and the demand charge does not apply.

Which SRP plan is best for solar?

As a result, our research shows that E-27 still has the greatest savings potential and quickest ROI on most homes. Add a battery – Storing your excess energy for use during on-peak hours, or to hedge against demand spikes, is the best way to maximize your solar investment in SRP.

What is meant by SRP?

abbreviation for suggested retail price.

How do you find the suggested retail price?

How to calculate retail price

  1. Calculate your cost price.
  2. Calculate your wholesale price, by adding up cost and profit margin.
  3. Calculate your RRP (Recommended Retail Price), by multiplying your wholesale price by 2 or 2.5.

What time is cheapest to do laundry?

Run your washer and dryer early in the morning or at night to avoid the surge. During the winter, electricity demand is highest in the morning hours between 7 and 9 am when people are waking up and turning up their heat. Doing laundry in the evening is your safest bet.

What time is electricity most expensive?

You may notice that in the winter, electricity from 9 pm to 8 am is more expensive than it is from 8 am to 4 pm. This is because people tend to heat their homes more in the winter when they’re at home.

Are solar panels worth it with SRP?

Are solar panels worth it for Salt River Project (SRP) customers? Yes, with the $1,000 Arizona tax credit, and solar property and sales tax exemptions, solar panels make a lot of sense for Salt River Project customers.

What is the E27 SRP plan?

SRP in 2015 began forcing solar customers to use a rate plan called E-27 that includes a demand fee. That fee is based on the single half hour during peak hours in the month when customers use the most energy.