SRP Board Approves 2.2% Price Reduction
Following an extensive three-month public process, Salt River Project’s publicly-elected Board of Directors today approved changes in price plans effective with the May billing cycle that include an overall average annual price decrease of 2.2 percent. The $64 million overall decrease in prices is a result of a reduction in fuel expenses and a modest increase in base prices. The approved decrease will vary by customer type and price plan.