Preliminary settlement for Tucson Electric rates - DC News FOX 5 DC WTTG

Preliminary settlement for Tucson Electric rates

Updated:

TUCSON, Ariz. (AP) - Tucson Electric Power customers may be seeing a monthly bill increase by about $3 instead of a proposed $11.

That's under a preliminary settlement in TEP's pending rate case.

The Arizona Daily Star says Tucson Electric's rates have been capped since the last rate case in 2008.

The company filed for a rate increase in July, saying it needs higher rates to cover costs that have risen even as customer growth and demand have flattened.

Hearings on TEP's rate case are scheduled for March before an administrative judge, who will make a recommendation to the Arizona Corporation Commission.

The five-member panel oversees the state's utility companies.

The commission is expected to consider and vote on TEP's rate plan in June.


Information from: Arizona Daily Star, http://www.azstarnet.com

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

WTTG FOX 5 & myfoxdc
5151 Wisconsin Ave. NW
Washington, DC 20016
Main Number: (202) 244-5151
Newsroom: (202) 895-3000
fox5tips@wttg.com

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices