Got SRP? Expect to Pay More in November

SRP’s increased cost is estimated at an average of 8.8% or $12.22 per month for customers using the Basic Price Plan and 1,208 kilowatt-hours per month.

While the talks started on Monday to discuss the proposed increase, the changes won’t take affect until November 1st, 2009. Which will give consumers a chance to adjust their energy spending and possibly make long-term improvements towards more energy efficient programs.

SRP makes it very clear they have already dramatically reduced their operating budget by over $40 million and decreased capital expenditures by $90 million this year. However, they still face the challenges involved with stricter environmental requirements as the country shifts to cleaner way of generating energy. Which they note as also being a more expensive way of generating energy.

SRP created a page to help customers understand how the changing pricing plan will affect them. The page also contains tips and tools to help customers save money and take advantage of their special offers created to help make households more energy efficient. SRP Pricing Plan and Options Page.

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