Tucson Electric Power is seeking to raise its beginning in May 2020. The company filed its proposed rate increase with the Arizona Corporation Commission on Monday.
Tucson Electric Power (TEP) proposed a new rate that “would increase the average bills of a typical residential customer using the company’s most popular pricing plan by an estimated $7.61 per month compared to 2018 levels,” according to a statement released by the company. “This estimated impact would vary with actual customer usage and does not account for changes in surcharges or taxes that occur before new rates take effect.”
As part of its request for updated rates, TEP is proposing to eliminate fees for customers who pay with credit cards, debit cards and in-person at local retailers.
TEP’s residential electric rates have increased by about 1 percent per year, on average, over the past 20 years.