On this page you can find links to information regarding Formula Rate Plans.
It is our intention to provide materials that pertain specifically to our Community and to Arizona, although it is worth keeping an eye on what’s happening outside our state.
Link to Docket No. AU-00000A-23-0012
All documents concerning the commission’s policy statement regarding formula rates
ACC News Release:
“ACC Adopts Formula Rate Plan Policy Statement”
National Regulatory Institute Briefing Paper
“Formula Rate Plans: Do They Promote the Public Interest?”
“Arizona regulators rush historic vote on water and electric policies”
“The commission’s own expert who was invited to discuss formula rates in October said it’s the for-profit utilities that historically benefit, not consumers.”
“Arizona Corporation Commission passes new rate-setting method” Chamber Business News, by Joseph Kavetsky, December 4, 2024
“AZ Corporation Commission Alters Utility Rate Procedure”
“Critics warn rushed process might yield higher bills and annual increases” Arizona Globe, by Christy Kelly, December 11, 2024
“Formula rate profit guarantees and how they threaten Illinois’ energy goals”