APS says rate hike vital to keep homes in Phoenix powered, recover infrastructure costs
Aug 4, 2023
As a rate increase for Arizona Public Service customers is on the horizon, the president of the company said it is necessary to recover infrastructure costs and to continue powering Phoenix homes.
Regaining infrastructure costs, coupled with flat rates from 2018-22, prompted a proposed rate increase, APS President Ted Geisler told KTAR News 92.3 FM’s Arizona’s Morning News on Friday. The rates would go into effect by Dec. 1 if approved by the Arizona Corporation Commission.
