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Published on Friday, July 11, 2008
A Tucson Electric Power Co. hearing for a rate increase of nearly 8 percent continues this week through Thursday (July 17).
TEP and the Arizona Corporation Commission had previously reached a tentative agreement of 6 percent for the rate increase. However, rising energy costs caused TEP to raise the proposed boost.
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The basic rate would be frozen for four years. TEP’s last rate hike was in 1994.
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