Salt River Project in Arizona: 13.46 ¢ home rates, SAIDI and solar

Roughly 1,166,094 Arizona accounts belong to Salt River Project, classed by EIA as political subdivision; the residential count is 1,053,407. Businesses and industry take 54% of the 33,577,274 MWh it sells; homes take 46%.

Salt River Project power plant, Arizona, archive photo — Salt River Project - Power Plant ^31 - Arizona - NARA - 294690. Photo by Unknown authorUnknown author or not provided, Public domain, Wikimedia Commons. Illustrative, not a listed utility's plant.

Salt River Project: 1,211 kWh a month costs roughly $163 in energy at 13.46 ¢/kWh, -9.7% on the Arizona average of 14.91 ¢.

Businesses and industry take 54% of the 33,577,274 MWh it sells; homes take 46%.

Who buys power from Salt River Project

Business share of sales: 54%homes 46% of 33,577,274 MWh

The customer mix of Salt River Project is its own: 1,053,407 home accounts buy 45.6% of 33,577,274 MWh, 112,637 commercial accounts buy 41.0%, and the remaining 13.4% goes to 49 industrial and other accounts. A typical Salt River Project home uses 14,532 kWh a year, a typical business account 122,233.

How it compares

Salt River Project
Salt River Project, 2024	Home	Business	Bill	SAIDI
Salt River ProjectLowest in this table	13.46 ¢/kWh	10.76 ¢/kWh	$163at 1,211 kWh	53 minSAIDI
Arizona average against this company, which is 3 of 10 on price	+1.45 ¢/kWhcompany 9.7% below	+1.47 ¢/kWhcompany 12.0% below	+$18a month at 1,211 kWh	+28 mincompany 28 below
Sulphur Springs Valley E C Inc	13.49 ¢/kWhcompany 0.3% below	10.74 ¢/kWhcompany 0.2% above	$1630 more than company	125 mincompany 72 below

Compare 15 Arizona companies

Salt River Project: 2025

Salt River Project: +3.9% on 2024 for homes, Arizona +2.7%.

Salt River Project home price, 2025: 13.98 ¢/kWh+3.9% on 2024, early release
Salt River Project SAIDI, 2025: 50 min-6% on 2024, early release
Salt River Project against Arizona, 2025: +1.1 pointsSalt River Project +3.9%, Arizona +2.7%, price in Arizona 15.32 ¢

Salt River Project reported 13.98 ¢/kWh for homes in 2025, +3.9% on its 2024 figure of 13.46, while the Arizona average moved +2.7%. Its SAIDI is 50 minutes against 53 in 2024.

Carbon context

Salt River Project serves 1,053,407 homes in Arizona. At 1,211 kWh a month that is about 377 kg of CO₂, or 4,527 kg a year, at the Arizona plant rate, state generation and not this utility: Arizona generation mix.

Salt River Project charts

Residential price since 2015: 13.46 ¢ in 2024

11.60 ¢ in 2015, 13.46 ¢ in 2024 (+16.1%); Arizona 12.13 to 14.91 ¢.

Salt River Project residential price 2015-2024, 2015 to 2024: 10 rows

Year	Salt River Project	Gap to Arizona residential	Gap to U.S. residential
2015	11.60	-0.53	-1.05
2016	11.61	-0.54	-0.94
2017	11.59	-0.85	-1.30
2018	11.68	-1.09	-1.19
2019	11.56	-0.87	-1.45
2020	11.45	-0.82	-1.70
2021	11.50	-1.04	-2.16
2022	11.88	-1.14	-3.16
2023	12.47	-1.55	-3.53
2024	13.46	-1.45	-3.02

10 rows from EIA retail sales.

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Salt River Project SAIDI, 2015-2024

42 min in 2015, 53 in 2024.

Salt River Project SAIDI by year, 2015 to 2024: 10 rows

Year	Salt River Project, no major events	Salt River Project, all events
2015	42	59
2016	43	46
2017	38	48
2018	37	84
2019	43	49
2020	41	47
2021	48	85
2022	50	81
2023	49	70
2024	53	58

10 rows from EIA-861 survey.

CSV

Reliability: SAIDI 52.8 min

52.8 min, 0.53x the median reporter, rank 170 of 673.

min

Company, no major events52.8
Company, with major events58.0

Salt River Project, Reliability: EIA-861 survey.

CSV

Analyst note

Salt River Project billed homes 11.60 ¢/kWh in 2015 and 13.46 ¢ in 2024, +16.1% in all, and lagged the Arizona average (+22.9%) by 6.9 points. Salt River Project's sharpest move came in 2024, +7.9%. The latest year is the high at 13.46 ¢; the low was 11.45 ¢ (2020). 2024: +7.9% here, +6.3% for the Arizona average. SAIDI at Salt River Project (major events excluded) rose from 42 minutes in 2015 to 53 in 2024, +27%; worst year 2024 at 53. Against the national median, Salt River Project came in lower on SAIDI in 10 of 10 years, and 2024 ended at 53 minutes, -47 from the median. 2021: 85 minutes with major events, 48 without, the widest gap of any year. Salt River Project has 2 cheaper and 7 higher-priced Arizona peers among 10 with 20,000+ homes. Next cheaper, Navopache Electric Coop, Inc, bills 13.43 ¢ (-0.03). Next higher-priced, Sulphur Springs Valley E C Inc, bills 13.49 ¢ (+0.04).

Two good signs together. Rates are 9.7% below Arizona and outage time of 53 minutes beats the national median by 47%.

Home accounts at Salt River Project went from 914,246 in 2015 to 1,053,407 in 2024, +15.2%. Business customers paid 0.80 times the home price in 2024 (10.76 against 13.46 ¢); the ratio was 0.80 in 2015. SAIFI went from 0.66 in 2015 to 0.90 in 2024, between 0.57 and 0.90.

Outages and home price of Salt River Project (EIA utility 16572), 2013 to 2024

Salt River Project customers lost power for 53 minutes in 2024, up from 45 in 2013 (+18%). Its best year was 2018 (37 min), its worst 2024 (53 min), across 12 filed years. Against a Arizona median of 68 minutes in 2024, Salt River Project was below the middle.

Corrected for inflation, a Salt River Project home paid 13.81 ¢/kWh in 2024 against 15.46 ¢ in 2013, −10.7%; the bill itself went 11.19 ¢ to 13.46 ¢ (+20.3%). A home using 1,000 kWh a month paid $1,855 for the year at the 2013 real price and $1,657 at the 2024 price. Place on home price: 11th cheapest of 21 in 2013, 9th of 22 in 2024 among Arizona utilities with 1,000+ homes.

Salt River Project outage minutes a customer, 2013 to 2024: 53 in 2024

Salt River Project at 53 min in 2024 and the Arizona median at 68.

Salt River Project home price since 2013: −10.7% after inflation

Salt River Project: 13.81 ¢ in 2025 dollars (solid) and 13.46 ¢ as billed (dashed) in 2024.

Salt River Project, EIA utility 16572, year by year among Arizona utilities

Salt River Project 2013-2024: 12 rows

Year, Salt River Project	¢ billed	¢ in 2025 $	Price place, Salt River Pro	SAIDI min	SAIFI	SAIDI place, Salt River Pro	Arizona median SAIDI
2013	11.19	15.46	11 of 21	45	0.69	1 of 5	64
2014	11.32	15.40	12 of 22	40	0.62	1 of 5	58
2015	11.60	15.75	13 of 24	42	0.66	1 of 6	68
2016	11.61	15.57	15 of 26	43	0.63	2 of 7	65
2017	11.59	15.22	13 of 26	38	0.60	2 of 7	65
2018	11.68	14.98	10 of 27	37	0.57	4 of 10	44
2019	11.56	14.56	17 of 34	43	0.71	4 of 8	52
2020	11.45	14.24	9 of 22	41	0.69	4 of 8	45
2021	11.50	13.67	8 of 21	48	0.77	4 of 8	48
2022	11.88	13.07	6 of 22	50	0.85	4 of 9	55
2023	12.47	13.17	8 of 22	49	0.81	3 of 10	67
2024	13.46	13.81	9 of 22	53	0.90	3 of 11	68

Salt River Project, EIA utility 16572: EIA-861, CPI-U.

CSV

SAIDI explained, Arizona real prices.

Facts

Customer accounts: 1,166,09433.4% of Arizona total
Residential accounts: 1,053,40733.6% of Arizona homes
Commercial accounts: 112,6379.7% of the base
Residential rate: 13.46 ¢/kWhplace 3 of 10, -9.7% against the state
Commercial rate: 10.76 ¢/kWhplace 4 of 13, -12.0% against the state
SAIDI, no major events: 52.8 minbetter than 75% of reporters
SAIFI, no major events: 0.900.89x the median
SAIDI with major events: 58.0 min9.0% from event days
Net-metered capacity: 545.5 MW60,692 installations
Counties served: 3all in Arizona
Average residential use: 14,532 kWh/yr1,211 a month
Implied monthly bill: $163-$37 on the U.S. rate, 1,211 kWh
Residential rate since 2015: +16.1%11.60 to 13.46 ¢/kWh
SAIDI trend: +27%42 min in 2015, 53 in 2024

Data tables

2024 by sector, Salt River Project

Salt River Project sector	Accounts	Rate ¢/kWh	Gap to Arizona ¢/kWh
Residential	1,053,407	13.46	-1.45
Commercial	112,637	10.76	-1.47

Year by year, Salt River Project

Year	Home accounts, Salt River Project	Home ¢	Business ¢	Ratio	SAIDI	SAIFI
2015	914,246	11.60	9.30	0.80	42	0.66
2016	928,721	11.61	9.31	0.80	43	0.63
2017	942,690	11.59	9.30	0.80	38	0.60
2018	956,645	11.68	9.33	0.80	37	0.57
2019	971,527	11.56	9.11	0.79	43	0.71
2020	974,693	11.45	9.02	0.79	41	0.69
2021	990,993	11.50	9.07	0.79	48	0.77
2022	1,009,970	11.88	9.37	0.79	50	0.85
2023	1,030,788	12.47	9.92	0.80	49	0.81
2024	1,053,407	13.46	10.76	0.80	53	0.90

Peers of Salt River Project in Arizona, place 3 of 10 on home price

Utility near Salt River Project on price	SAIDI min, gap to Salt River Project	Home ¢, gap to Salt River Project	Gap % to Salt River Project	Accounts, Salt River Project = 1
1. Mohave Electric Cooperative, Inc.	+65	-2.26	-16.8%	0.04
2. Navopache Electric Coop, Inc	No data	-0.03	-0.2%	0.04
3. Salt River Project (this utility)	53	13.46	-	1.00
4. Sulphur Springs Valley E C Inc	+72	+0.04	+0.3%	0.05
5. Electrical Dist No3 Pinal County	+33	+0.47	+3.5%	0.03
6. Trico Electric Cooperative Inc	+30	+0.71	+5.3%	0.05

Who buys Salt River Project's electricity

Class at Salt River Project	Accounts	Of Salt River Project accounts	Of Salt River Project MWh sold	kWh a year per Salt River Project account
Residential	1,053,407	90.3%	45.6%	14,532
Commercial	112,637	9.7%	41.0%	122,233
Industrial and other	49	0.00%	13.4%	91,871,735

Salt River Project among Arizona political subdivisions

Salt River Project and its neighbours on price	SAIDI min, gap to Salt River Project	Home ¢, gap to Salt River Project	Accounts, Salt River Project = 1
1. Salt River Project (AZ, this utility)	53	13.46	1.00
2. Electrical Dist No3 Pinal County (AZ)	+33	+0.47	0.03

Salt River Project: meters, rate options and solar

Measure	Salt River Project	Arizona context	Salt River Project detail
Salt River Project home meters on AMI	99.9%	Arizona 93.4%	1,135,927 of 1,136,753 meters
Home meters, AMR (drive-by read)	3	Arizona figure not published	0.0% of meters
Homes with daily digital access	822,895	Arizona figure not published	78% of the 1,053,407 home accounts
Time-of-use rate for Salt River Project homes	Offered	10 of 11 Arizona utilities offer one	360,794 homes on dynamic pricing, 34.25% of 1,053,407
Net-metered installations	60,692	98% residential	56.7 homes per 1,000 accounts, 9.0 kW average

Monthly energy cost by use, Salt River Project

kWh	Share of a 1,211 kWh month	Cost a month at 13.46 ¢	vs U.S.	Cost a year
250	21%	$33.64	-$7.56	$404
500	41%	$67.29	-$15.11	$807
750	62%	$100.93	-$22.67	$1,211
1,000	83%	$134.58	-$30.22	$1,615
1,500	124%	$201.86	-$45.34	$2,422
2,000	165%	$269.15	-$60.45	$3,230

Outage record, Salt River Project

Measure, Salt River Project	No events	All events	Converted
SAIDI minutes	52.8	58.0	0.88 h
SAIFI interruptions	0.902	0.953	1.11 yr apart
CAIDI minutes	58.5	60.9	0.98 h

Territory of Salt River Project

3 Arizona counties, region WECC:

Arizona other states: 3 of 3 counties of Salt River Project drawn

Salt River Project: 3 counties listed by EIA-861, Census 2023 outlines.

CSV

County list

Gila
Maricopa
Pinal

Questions on Salt River Project

How big is Salt River Project in Arizona, by customer accounts?

1,166,094 accounts in 2024: residential 1,053,407, commercial 112,637, industrial 49.

How many cents per kWh does Salt River Project charge homes?

In 2024 homes paid 13.46 cents; against the Arizona average that is -9.7%.

What are the SAIDI and SAIFI of Salt River Project?

SAIDI 52.8 min and SAIFI 0.90 a year, major events excluded; ratio to the national median 0.53, CAIDI 59 min.

How many net-metered systems connect to Salt River Project?

60,692 installations with 545.5 MW, of which residential installations number 59,735.

What would a typical Salt River Project home pay each month?

1,211 kWh at 13.46 cents comes to about $163, energy only.

Is Salt River Project cheaper than other Arizona utilities?

Rank 3 of 10 in Arizona on price, -9.7% against the state average; 2 charge less than 13.46 ¢.

What share of Salt River Project sales do homes buy?

Homes take 45.6% of 33,577,274 MWh, commercial accounts 41.0%, industrial and other 13.4%; the 112,637 commercial accounts use 122,233 kWh each, 8.4 times a home.

At Salt River Project, are smart meters in homes, with a TOU option?

1,135,927 of 1,136,753 home meters are AMI, 99.9%. Salt River Project offers a home time-of-use rate; 360,794 customers use dynamic pricing, 34.25% of its homes.

Has Salt River Project moved up the Arizona price list since 2015?

4th cheapest of 10 in 2015, 3rd of 10 in 2024; its price rose 16.1% while Arizona rose 22.9%.

What did Salt River Project charge homes in 2025?

13.98 cents per kWh, +3.9% on the 13.46 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to Salt River Project at 13.46 ¢/kWh in 2024, among companies with a page here, any state.

El Paso Electric CoTexas, 13.46 ¢/kWh, 0.00 ¢ below
Singing River Elec CooperativeMississippi, 13.46 ¢/kWh, 0.00 ¢ below
Southwestern Electric Power CoLouisiana, 13.46 ¢/kWh, 0.00 ¢ below
Black River Electric Coop, IncSouth Carolina, 13.47 ¢/kWh, 0.01 ¢ above

Rate plans on file

38 home plan records, energy charges: 4.0 to 40.2 ¢/kWh.

Time-of-use: 38, e.g. Daytime Saver Pilot
Tiered: 1, e.g. E-23 BASIC PRICE PLAN FOR RESIDENTIAL SERVICE Low Income Rate
Demand charge: 9, e.g. E-27P Tier 1 SRP Residential Demand Price Plan Pilot - Pilot Price Plan for Resi

Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).

Primary sources for Salt River Project in Arizona: 13.46 ¢ home rates, SAIDI and solar

EIA-861 annual report entry for Salt River Project in Arizona: 13.46 ¢ home rates, SAIDI and solar, customers and sales
EIA-861 form instructions for Salt River Project in Arizona: 13.46 ¢ home rates, SAIDI and solar, how a customer is counted
EIA state profiles for Salt River Project in Arizona: 13.46 ¢ home rates, SAIDI and solar, the state price average