Where does SRP get its power?
Where does SRP get its power?
SRP operates generating stations using a variety of fuel sources including coal, natural gas, geothermal, hydroelectric and solar. We also continually modernize the power grid to meet the Valley’s growing needs and future power demand.
Who owns the Navajo Generating Station?
| Navajo Generating Station | |
|---|---|
| Construction cost | $650 million (1976) ($2.35 billion in 2020 dollars) |
| Owner(s) | U.S. Bureau of Reclamation (24.3%) Salt River Project (21.7%) LADWP (former) (21.2%) Arizona Public Service (14.0%) NV Energy (11.3%) Tucson Electric Power (7.5%) |
| Operator(s) | Salt River Project |
| Thermal power station |
Who currently owns SRP?
Operating under the umbrella name, SRP, it is one of the primary public utility companies in Arizona. In 2010, Salt River Project had a net revenue of $371 million….Salt River Project.
| Type | Public-Private Partnership |
|---|---|
| Revenue | $371 million |
| Net income | ▲ $371 million (2010) |
| Employees | 4,388 (2007) |
| Parent | State of Arizona |
Why is Navajo Generating closed?
The Salt River Project (SRP), majority owners and operators of NGS, decided to close the plant in 2017 due to rising operating costs. Scott Harelson, a spokesperson for SRP, told me, “Natural gas prices had been low for a long period of time and are much lower than coal. So the plant was out of market, essentially.”
What replaced the Navajo power plant?
Modular home factory planned at site of former northern Arizona coal plant, creating jobs on Navajo Nation. The shuttered Navajo Generating Station coal plant near Page is getting new life, as former Arizona state Senator and SkyMall founder Bob Worsley plans to create a modular-home factory at the site.
Is SRP part of the government?
Did you know that SRP is essentially a government agency, not a private company like APS?
Is SRP a federal agency?
In the Association’s contract with the federal government, the United States retains title to the dams, canals and hydropower plants, and SRP remains a federal reclamation project and is able to reinvest power revenues into the project.
