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Economy Price Plan SRP
With SRP’s Economy Price Plan, you receive a monthly discount of $23 for every billing cycle. This is a total discount of $276 per year. This can assist low-income families with affording their energy costs.
Solar customers can add the Economy Price Plan discount to their Solar Plan for additional savings. This is an excellent way to save even more money on your electric bill. To qualify for the discount, you must meet the following requirements:
- Be a current SRP customer with an account in your name;
- Live permanently at the address were the discount will be received; and
- Have a combined household income below the Federal Income Guidelines.
SRP Economy Price Plan Income Limits
In order to qualify, you need to be at or below a certain income level based on how many people live in your house. It appears that SRP may not require evidence to verify income or number of people living in your home.
The application states: “I agree to provide proof of income if asked” which implies that SRP may or may not ask for proof of income. The application itself does not require any proof of income to be attached.
The SRP Economy Price Plan Income Limits are below:
Tips on Lowering Your Electricity Bill
In addition to signing up for SRP’s Economy Price Plan, here are some other tips to help you save money on electricity:
- Install a solar system if you do not already have one.
- If you do not have solar, get off SRP’s Basic Price Plan and move to a Time of Day Plan.
- SRP Time of Day Plans can save you money because they give you Off-Peak times when kilowatt-hours (kWh) are less expensive.
- SRP offers Time of Day Plans for customers with and without solar.
- Once you are on a Time of Day Plan, do not use your major appliances at all during peak hours.
When you are ready to change your price plan, go to SRP’s Website to complete the online application. You can also call (602) 236-8888 for more information.