Didn’t we just have a rate hike?

The last rate increase was in 2012 after a Cost of Service Study showed that fixed costs and energy costs needed adjustment. The Arizona Corporation Commission approved an adjustment, but not the requested adjustment causing a shortfall in covering the full costs of service over time. Again in 2016 after a Cost of Service Study, MEC adjusted the Customer Charge to reflect the true fixed costs by decoupling fixed costs that were in the energy rate and moving them to the Customer Charge, so every member paid their fair share of fixed costs regardless of the energy usage. The Customer Charge went up and the energy charge went down in accordance with that change.