SunLedger · Real 2024 EIA data

SRP electricity: 13.46¢/kWh and climbing 3.1% a year

13.46¢/kWhaverage residential rate, 2024
+3.1%/yrrecent pace of rate increases
~18.2¢/kWhin 10 years, if that pace holds

SRP customers in Arizona pay about 13.46¢ per kilowatt-hour for residential electricity (EIA Form 861, 2024) — and that rate has been rising around 3.1% a year. Compounding does the rest: if the recent pace simply continues, today's rate is on track to reach roughly 18.2¢/kWh within a decade.

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Rate and trend source: U.S. Energy Information Administration, Form 861 (residential revenue ÷ sales), 2024. Figures are averages — individual bills vary. Estimates only, not a binding offer. SunLedger home · Privacy · Terms