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What is the monthly service charge and why is SRP raising it for Basic Plan residential customers?

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What is the monthly service charge and why is SRP raising it for Basic Plan residential customers?

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The Monthly Service Charge helps pay for fixed, recurring portions of SRP’s electricity service that occur every month, regardless of usage level. These include billing and collections, metering, meter reading, customer service, and distribution facilities (electrical equipment, wires, and service drops). SRP is setting the same Monthly Service Charge across the residential price plans, because the underlying costs are the same.

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