Salt River Project Overview
Pro stress-test →SRP is a community-based, not-for-profit organization providing reliable, affordable and sustainable water and energy to more than 2 million people in central Arizona. Salt River Project has delivered low-cost, reliable power and water to Arizona for over 100 years. SRP serves more than 1.2 million electric customers in central Arizona.
Strategic Profile
Pro stress-test →As a not-for-profit, SRP doesn't have investors or shareholders. Instead of creating profits for investors, we put extra revenue back into improving water and power infrastructure and services for our community. This helps customers pay about 18% less than other Arizona utilities. Because SRP — unlike other Arizona utilities — is not regulated by the Arizona Corporation Commission, its independently elected officials have the sole authority to set electricity rates, approve major infrastructure investments and determine solar policies.
Competitive Landscape
Pro stress-test →Much of its electric service area is shared with Arizona Public Service. SRP competes as a regional integrated utility providing both water and power across central Arizona. As a not-for-profit utility with autonomous governance, SRP's competitive positioning is distinct from investor-owned utilities; it prioritizes affordability and long-term infrastructure investment over shareholder returns.
Industry Context
Salt River Project operates in Electric and water utilities.
Key facts
Founded: 1903 · Headquarters: Tempe, Arizona · Employees: N/A · Revenue: N/A · Market cap: N/A