Arizona regulators decide to keep 2017 electric rate hike
PHOENIX (AP) — Arizona regulators have declined to reverse a 2017 rate hike imposed on 1 million electric customers, but they also did not reject the complaint against it.
The Arizona Republic reports the Arizona Corporation Commission voted 4-1 Wednesday not to dismiss the complaint brought by Phoenix resident Stacey Champion.
The $95 million rate hike for the Arizona Public Service Co. averaged about 4.5%, or $6 a month for residential customers.
Champion’s attorney, Adam Stafford, says the case appears to be in “limbo.”
Utility spokeswoman Jenna Rowell says the company was still reviewing the commission’s decision and determining possible next steps.
The commission is waiting for an audit of the utility’s earnings.
Information from: The Arizona Republic, http://www.azcentral.com