SRP E-26 to E-27(P) Pricing Plan Transition
Switching from SRP's Time-of-Use only plan (E-26) to the Residential Demand Price Plan (E-27P) offers substantial savings opportunities for customers. By combining time-of-use (TOU) energy rates with a demand charge, the E-27P plan reduces per kWh energy costs by up to 75%. However, the inclusion of a demand charge introduces a new layer of complexity, making demand control technology essential to maximize the potential benefits.
Understanding the E-27P Plan
Click here for a PDF flyer describing this program.
Key Features of the E-27P Plan:
- Lower Per kWh Costs: Energy costs under the E-27P plan are significantly reduced compared to the E-26 plan, with rates as low as $0.0588 per kWh during off-peak hours.
- Demand Charge: The demand charge is calculated based on the highest 30-minute average energy use during on-peak periods.
- Monthly Service Charge: A fixed service charge of $32.44 per month.
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Time-Based Energy Pricing:
- Summer Peak (July–August): $0.0798 per kWh on-peak (2 PM–8 PM, Mon–Fri); $0.0588 per kWh off-peak.
- Winter (November–April): $0.0604 per kWh on-peak (5 AM–9 AM, 5 PM–9 PM, Mon–Fri); $0.0564 per kWh off-peak.
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Demand Charge Rates:
- Summer Peak (July–August): $17.51 per kW
- Summer (May, June, September, October): $14.37 per kW
- Winter (November–April): $5.58 per kW
The Role of Demand Control
Under the E-27P plan, the demand charge is a significant cost component, determined by the highest 30-minute energy usage during on-peak hours. Without proper demand control, running multiple large appliances simultaneously can result in high demand charges, eroding potential savings.
Inergy's Smart Energy Management System (SEMS) addresses this challenge by managing large loads intelligently, ensuring they do not operate simultaneously during on-peak periods. By temporarily pausing non-essential loads, the SEMS can reduce demand by up to 50%, enabling customers to achieve maximum savings without compromising comfort.
Key Benefits of Demand Control:
- Significant Cost Reductions: Effectively manage demand charges by staggering the operation of large appliances during on-peak periods.
- Optimized Energy Use: Pre-configured demand limit profiles help ensure that energy usage aligns with the most cost-effective periods.
- Seamless Integration: Compatible with solar and battery systems for enhanced load balancing and renewable energy utilization.
- Peace of Mind: "Set it and forget it" functionality ensures energy management operates automatically, delivering savings effortlessly.
Comparing Costs
The E-27P plan offers significant savings compared to the E-26 plan:
- Summer Peak (July–August): Save up to 65% on per kWh costs.
- Summer (May, June, September, October): Save up to 75% on per kWh costs.
- Winter (November–April): Save up to 47% on per kWh costs.
With demand control, these savings become even more substantial, making the E-27P plan an excellent choice for energy-conscious customers.
Take Control of Your Energy Costs
Maximize your savings under the SRP E-27P plan with Inergy's demand control solutions. Contact us today or call 1-855-463-7497 to learn how our systems can help you manage demand charges and optimize energy usage.