By Dana Kennedy | Arizona Capitol Times
he cost of electricity can feel a lot like a helium balloon — something that just goes up and up, apparently on its own.
(Editor’s note: Opinion pieces are published for discussions purposes only.)
But something strange has been happening that suggests that the balloon metaphor may not be apt. Two of the most important state agencies that scrutinize our state’s electric utility companies recently concluded that rates don’t need to rise after all for Arizona Public Service Company customers. The Residential Utility Consumer Office, or RUCO, even determined that rates should go down – not up.
RUCO and the Arizona Corporation Commission staff should be applauded for sticking up for consumers.
