Arizona Public Service Co. wants to adjust its rates to help pay for higher-priced fuel and purchased power costs.
On Nov. 30, APS filed an application with the Arizona Corporation Commission to revise its rate schedule to help pay for global “cost escalations,” according to APS Spokeswoman Jill Hanks.
“There are global cost escalations that are being experienced seemingly everywhere in the country — not just with utilities,” Hanks said. “...It’s not just natural gas, other fuel costs have surged as well at a steep angle up and that doesn’t seem to be going away.”
