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Stock Market & Financial Investment News

News Breaks
January 1, 2013
14:38 EDTUNSUES seeks new electric rates to cover investments
UniSource Energy Services, UES, is requesting new, higher electric rates to cover the costs of providing safe, reliable electric service and to continue maintaining the company’s financial health. If approved, the rates UES proposed today in a filing with the Arizona Corporation Commission (ACC) would increase typical residential customers’ average monthly bills by about $3.60, or about 4.4 percent when compared to today’s electric rates, which are among the lowest in the state. Under the proposed rates, the average monthly electric bill of a typical residential customer would be about $86.
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