The Salt River Project’s Board of Directors on March 4 approved revisions to SRP’s 2035 sustainability goals that establish more ambitious targets to reduce carbon emissions, increase energy efficiency and electrification, conserve water and improve forest health.
The Arizona-based public power utility’s newly revised goals include:
- Reduce the amount of CO2 emitted by generation (per megawatt hour, or MWh) by 82% from 2005 levels by 2035 and achieve net-zero carbon by 2050.
- Deliver over 4 million MWh of annual aggregate energy savings through energy efficiency by 2035.
- Support adoption of 1 million electric vehicles in SRP’s service territory and manage 90% of EV charging by 2035.
- Achieve 30% reduction in generation-related water use intensity across all water types from 2005 baseline.
- Increase SRP's leadership role in forest restoration treatments through partnerships, influence, education and support for industry to thin 800,000 acres total by 2035.
The comprehensive set of SRP 2035 sustainability goals “is focused on reducing SRP’s carbon footprint, ensuring a resilient water supply, evolving SRP’s grid and customer energy solutions, promoting a sustainable supply chain, reducing waste, and engaging the customers and communities SRP serves,” the utility said.
While these goals are focused on advancing sustainability, they, along with SRP’s broader 2035 goals, “serve an important role in supporting the long-term reliability and affordability of the water and power SRP customers depend on,” it said.
Originally approved in 2019, the goals are updated every five years to ensure they continue to meet the evolving needs of the customers and communities SRP serves.
The revised goals reflect recent input from the public and a broad range of stakeholders, including local municipalities, businesses, environmental organizations, limited income advocates and others.
A full list of SRP’s revised 2035 sustainability goals is available here. The revised goals will go into effect in May 2025.