By Ryan Randazzo | The Republic
Arizona Public Service Co. is seeking an $11 monthly rate hike on residential customers and a new billing structure in a rate case filed Wednesday with state regulators.
The hike would bring the utility $166 million more in annual revenue. Customers using 1,160 kilowatt-hours of electricity pay an average of $139 a month now, and that would increase to $150. The $11 increase is an average for all homes across all seasons, and would be higher in summer and lower in winter.
The state’s largest utility, with 1.1 million customers, is asking the five elected officials at the Arizona Corporation Commission to approve “demand charges” on all but about 200,000 residential customers who use the least electricity each month.
