Arizona Public Service addressed several misconceptions about its current rate case proposal in a statement released May 29. The company said the hearing is underway and responded to questions frequently raised by customers.
One issue discussed was whether APS is requesting higher rates to fund data centers. The company said, “Our rate case proposal protects customers by ensuring that data centers continue to pay their own costs.” APS provided additional information on its website for those seeking more details.
Another topic involved concerns that formula rates could lead to automatic, unchecked annual increases. APS said, “Formula rates are not automatic or unchecked. Any change in APS rates would still have to be approved by the Arizona Corporation Commission after a thorough review.” A video explaining formula rates was also made available.
Addressing claims that the proposed increase is intended for shareholder benefit, APS stated, “Our rate proposal is based on investments we’ve made to serve customers with top-tier reliability they can count on. Shareholders provide funding needed to make those investments.” The company directed readers to resources explaining how earnings support both customers and communities.
Arizona Public Service delivers power as a regulated utility company serving approximately 1.4 million customers across urban and rural areas of Arizona, including border towns and offering services such as power delivery, outage support, service setup and transfer, customer billing assistance programs like the Energy Support Program for eligible households based on income and size, according to the official website.
