The Arizona Corporation Commission (ACC) has approved rate increases for Tucson Electric Power (TEP) customers that will take effect July 1. This is TEP’s first base rate increase since 2008.
TEP filed a request for new rates in July 2012. Earlier this year, TEP and ACC entered into a settlement agreement that allows TEP to recover costs of some investments. The average monthly bill of a residential customer with average usage of about 800 kWh is expected to increase by less than $4.
Read more at Energy Manager Today.
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