Aug 7, 2023

TEP seeks rate hike despite company’s rising profits

The Arizona Corporation Commission (ACC) is set for an Aug. 8 vote on Tucson Electric Power’s (TEP) latest rate hike request. This proposed 11.8% hike comes on the heels of the ACC’s decision to boost the monopoly utility’s “Purchased Power and Fuel Adjustor Clause,” which has already increased customer bills by more than $114 per year.