In response to the application filed by Arizona Public Service (APS) with the Arizona Corporation Commission (ACC) to increase rates by 14% (https://www.kjzz.org/business
“My office intends to vigorously oppose the outrageous rate hike APS is trying to force on Arizona consumers and families already grappling with inflation, illegal tariffs, and an overall astronomical cost of living.
This is a blatant attempt by Pinnacle West and APS executives to pad corporate profits at the expense of Arizona consumers. After years of steady rate hikes, it’s unacceptable that this monopoly utility thinks it’s okay to take more of Arizonans’ hard-earned money.
APS customers are already paying $12 more per month for electricity than they were this time last year. Adding another $20 per month on top of that will leave Arizona residents struggling to keep up with ever-increasing electricity bills.
As Arizona’s Attorney General, I have a duty to protect consumers from corporate greed. I will not stand by as APS and Pinnacle West attempt to fleece Arizonans with yet another unjustified rate hike.”
If APS’ 14% rate hike request is approved, Arizona consumers will pay an extra $20 on monthly electric bills (https://ktar.com/arizona-busi
A 14% rate hike would raise APS revenue by nearly $580 million annually, directly from the pockets of Arizona consumers and businesses. APS claims that their rate hike request is in response to rising costs, but Pinnacle West Capital Corporation, the utility’s parent company, reported net income of $609 million last year.
APS is Arizona’s largest electric service provider, supplying power to homes and businesses in 11 of the state’s 15 counties. Their proposed rate hike would impact the majority of Arizona consumers. Attorney General Mayes previously served on the Arizona Corporation Commission.
3 thoughts on “Attorney General Mayes to Vigorously Oppose APS Rate Hike, Seeks to Intervene to Protect Consumers”
APS and the City of Prescott are both sucking their customers dry. Spend a lot of money purchasing LED light bulbs to save money and APS raises rates. Not only that but they ALWAYS raise their rates just before summer when people depend on their air conditioning. Same for the City, they say to cut back your water usage (which everyone does) and for that they raise the water rates. These already fat with money utilities need to be stopped, period!
It’s about time someone stood up for the consumers. It seems that the Corporation Commission just keeps rubberstamping these rate hikes every time they come up. The Corporation Commission certainly doesn’t seem to represent the best interest of the people who voted for them.
GO Attorney General Mayes? You stand up to the Arizona Corporation Commission and don’t back down. APS and all of the utility companies are taking full advantage of us and it is because of people like you that will make the change we must all have. I know I speak for all of us when I say our hats are off to you, good luck.
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