SRP Company Description
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 7,500 MW and distributes power to more than 900,000 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 about 1 million ac.-ft. of water to residents and agricultural irrigators per year; the association also operates dams, canals, reservoirs, and wells in its service area.
View the Comprehensive Company Description for SRP
The Company Description provides a historical perspective of SRP's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of SRP's evolution in the marketplace.
