INDEPENDENT NEWSMEDIA
The second of two open houses concerning Salt River Project’s proposed price increase will take place Thursday, Jan. 9, in Mesa.
The session is scheduled for three hours, beginning at 6:30 p.m., in the Student Union at ASU Polytech, 5999 S. Backus Mall. Free parking is available in lot 10, according to a release.
SRP is seeking an overall 2.4 percent price increase, which officials from the Tempe-based utility said “reflects a proposed increase of $168.8 million in base revenue to support upgrades to the power system and an anticipated decrease of $67.7 million in fuel and purchased power revenues.”
If approved by SRP’s publicly elected board of directors, the average residential customer using 1,117 kilowatt-hours a month will see a monthly bill increase of 3.5 percent, or $5.64, effective with the November billing cycle.
