By Ben Bradley | AZ Family
Arizona Public Service (APS) has applied for a double-digit rate increase for customers across the state, a move opposed by the attorney general.
APS filed the application with the Arizona Corporation Commission (ACC) last Friday, asking for a net increase of 13.99%. That would add about $20 to the monthly bill for typical customers using 1,000 kilowatt-hours of electricity.
The power company, a Pinnacle West Capital Corp. subsidiary, says the new rates would provide system upgrades, including pole repair/replacement and improvements to substation and grid technology. Other initiatives include programs to protect the APS grid from extreme weather, quicker restoration times and power plant upgrades.
Arizona Attorney General Kris Mayes plans to intervene and “vigorously oppose” the company’s plan, which would be the fourth price hike since 2017. Mayes cited a 4.5% bump in 2017, an 8% increase in 2023 and another 8% that went into effect last year.
