Straight Talk - Facts about the APS rate case
Our rate case hearing is underway, and we know you may have questions. Here are the facts behind some of the most common myths and misunderstandings.
Our rate case hearing is underway, and we know you may have questions. Here are the facts behind some of the most common myths and misunderstandings.
MYTH: APS is requesting higher rates to fund data centers.
FACT: Our rate case proposal protects customers by ensuring that data centers continue to pay their own costs.
Learn more here: aps.com/datacenters
MYTH: Formula rates will cause automatic, unchecked rate increases every year.
FACT: Formula rates are not automatic or unchecked. Any change in APS rates would still have to be approved by the Arizona Corporation Commission after a thorough review.
Watch this video to learn more about formula rates.
MYTH: APS is asking for a rate increase to benefit its shareholders.
FACT: Our rate proposal is based on investments we’ve made to serve customers with top-tier reliability they can count on. Shareholders provide funding needed to make those investments.
Learn more about how customers and Arizona communities benefit from APS earnings.
Learn more here: aps.com/ratecase
APS serves 1.5 million homes and businesses in 11 of Arizona’s 15 counties and is a leader in safely delivering reliable affordable electricity in the Southwest. APS maintains a diverse range of energy resources, including nuclear from the Palo Verde Generating Station, natural gas, coal, solar, wind and energy storage – a mix that’s about 58% clean. With 140 years of experience serving Arizona, APS is the main subsidiary of Pinnacle West Capital Corp. (NYSE: PNW).
