SRP Board of Directors Approves Temporary Summer Rate Decrease

SRP Board of Directors Approves Temporary Summer Rate Decrease Today, the Salt River Project (SRP) publicly elected Board of Directors approved a temporary overall 3 percent summer price decrease through a reduction in its Fuel and Purchased Power Adjustment Mechanism (FPPAM).  This decrease, which is effective with the May 2026 billing cycle through the October 2026 billing cycle, will provide bill relief to customers during the hottest time of the year.  The average residential customer will experience