Got SRP? Expect to Pay More in November
July 17th, 2009
Categories:Real Estate News
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. Read the rest of this entry »
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