Salt River Project is raising electricity rates effective Nov. 1. That will mean an increase averaging $5.61 a month for SRP's residential customers.

SRP’s construction-tailored initiative aligns with Ryan Companies’ goal to create desirable and cost-effective projects, ultimately making them energy-efficient for their clients as well.

The electricity bill of many people in the Phoenix area will be going up after the Salt River Project (SRP) board voted on Feb. 27 to approve a rate increase. The change will take effect in November.