Salt River Project Agricultural Improvement And Power District · Tempe, AZ United States
Company Description
Phone: 602-236-5900
Fax: 602-236-4423
Toll Free: 800-258-4777
More Companies in: Tempe, Arizona
More Companies in These Related Industries: Hydroelectric Power Generation
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This link will open in a new window One of the US's largest government-owned utilities, Salt River Project (SRP) provides Phoenix with two types of currents: electric and water. Electricity comes from the Salt River Project Agricultural Improvement and Power District, a political subdivision of the State of Arizona that has a generating capacity of 8,094 MW and distributes power to about 929,000 homes and businesses. The district also sells excess power to wholesale customers. Water comes from the Salt River Valley Water Users' Association, a private firm that delivers almost 1 million acre-ft. of water per year to residents and agricultural irrigators; the association also operates dams, canals, reservoirs, and wells in its service area. To read the full description, subscribe now.
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Key Salt River Project Agricultural Improvement And Power District Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | April |
| 2008 Sales (mil.) | $2,739.1 |
| 2008 Employees | 4,431 |
Salt River Project Agricultural Improvement And Power District Executives
26 executives listed for Salt River Project Agricultural Improvement And Power District's Tempe, AZ location.
| Title | Name & Bio | Contact |
| President | John Williams | |
| Associate General Manager, Commercial and Customer Services and CFO | Mark Bonsall | |
| Assistant General Manager and CIO | Barbara Hoffnagle |
Competition
Competitive Landscape for Salt River Project Agricultural Improvement And Power District
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Salt River Project Agricultural Improvement And Power District Competitors
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