As an Arizona Corporation Commissioner I know you are worried about affordability. Formula ratemaking will do just that for all Arizonans.
If the concern is keeping bills affordable, why not start there? Why not lower the return on equity for monopoly utilities to reflect their lower risk?
Formula-based utility rates without guardrails to protect consumers mean a windfall for utility companies. Rates can now rise ...
Present value (PV) is calculated by discounting the future value by the estimated rate of return that the money could earn if ...
Affordability has quickly become the word for 2026. Across the political spectrum, people are working to define what affordability looks like. For my efforts at the Arizona Corporation Commission, ...