Corp Comm votes to change ratemaking process, allowing utilities to apply for formula-based rates

By Reagan Priest | Arizona Capitol Times

The Arizona Corporation Commission voted 3-2 to allow formula ratemaking on Tuesday after a marathon hearing that at times got contentious.

Three Republican commissioners approved a policy statement that will allow utilities to apply for formula rate plans, bypassing the traditional rate case process that utilities go through to implement rate increases. Democratic Commissioner Anna Tovar and Republican Commissioner Lea Marquez Peterson voted against the policy.

Under the plan, utilities will be required to submit an annual update using historical test year data and a determination of the company’s value to increase rates for customers. Companies would not have to defend the update during a hearing process before the commission, which is how rate increases are approved currently.

READ ON:

Share this!

December 4, 2024

Additional Articles

Following abortion rights election victory, lawsuit aims to overturn AZ’s 15-week abortion ban

By AZ Mirror After voters last month approved sweeping constitutional protections for abortion in Arizona, two local doctors and Planned Parenthood are suing to void

Bill to add restrictions to early ballot drop-offs returns for next year

By AZ Mirror The first bill introduced in the Arizona Senate for next year’s legislative session aims to add new restrictions for voters who return

UnitedHealthcare CEO Brian Thompson fatally shot in New York in targeted attack

By CNBC Brian Thompson, the CEO of UnitedHealth Group’s insurance unit, was fatally shot outside the Hilton hotel in midtown Manhattan on Wednesday morning in what

Get Involved

Write a letter to the editor

Write a guest opinion

Submit news

Stay Informed

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

Recent Articles

APS, SRP joining energy market is ‘good for Arizona,’ says Court Rich, Rose Law Group co-founder and director of the firm’s renewable energy & utility infrastructure department.

By Kevin Stone | KTAR PHOENIX — Four leading Arizona utility companies have agreed to join a new regional energy market called Markets+ in a

Space Force ROTC-like pilot program ‘critical’ for U.S., says Shruti Gurudanti, Rose Law Group partner, leader of the firm’s space law practice, and director of corporate transactions

By Anastasia Obis | Federal News Network The Space Force, in partnership with the Office of the Secretary of Defense, is piloting a program similar

With CEO Gelsinger out, what’s next for Intel?

Construction equipment prepares the site for two new chip factories at Intel Corporation’s Ocotillo campus in Chandler, Arizona, in September 2021. The site will be

Scottsdale City Council defies legislature with exemptions to state housing laws; Jordan Rose, founder & president of Rose Law Group, comments

By J. Graber | YourValley The Scottsdale City Council chose to butt heads with the Arizona Legislature over state law intended to create more affordable housing. The

The influencer lawsuit that could change the industry; Paul Coble, chair of Rose Law Group’s AI, intellectual property, and technology law departments, gives his take

By Mia Sato | The Verge One Amazon influencer makes a living posting content from her beige home. But after she noticed another account hawking the

Pinal Partnership: City managers proud of growth, share thoughts on future; Rose Law Group Founder & President Jordan Rose moderates the discussion

By Pinal Central MARICOPA — The leaders of Pinal County’s cities and towns discussed a wide range of topics while touting their individual accomplishments The most recent Pinal Partnership Breakfast was held this past week at the Elements

M	T	W	T	F	S	S
						1
2	3	4	5	6	7	8
9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31

Corp Comm votes to change ratemaking process, allowing utilities to apply for formula-based rates

Additional Articles

Following abortion rights election victory, lawsuit aims to overturn AZ’s 15-week abortion ban

Bill to add restrictions to early ballot drop-offs returns for next year

UnitedHealthcare CEO Brian Thompson fatally shot in New York in targeted attack

News Categories

Get Involved

Stay Informed

Recent Articles

APS, SRP joining energy market is ‘good for Arizona,’ says Court Rich, Rose Law Group co-founder and director of the firm’s renewable energy & utility infrastructure department.

Space Force ROTC-like pilot program ‘critical’ for U.S., says Shruti Gurudanti, Rose Law Group partner, leader of the firm’s space law practice, and director of corporate transactions

With CEO Gelsinger out, what’s next for Intel?

Scottsdale City Council defies legislature with exemptions to state housing laws; Jordan Rose, founder & president of Rose Law Group, comments

The influencer lawsuit that could change the industry; Paul Coble, chair of Rose Law Group’s AI, intellectual property, and technology law departments, gives his take

Pinal Partnership: City managers proud of growth, share thoughts on future; Rose Law Group Founder & President Jordan Rose moderates the discussion

Post Calendar

Corp Comm votes to change ratemaking process, allowing utilities to apply for formula-based rates

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!