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Arizona court blocks proposed utility rate pricing process
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Arizona court blocks proposed utility rate pricing process
By Howard Fischer | Capitol Media Services Key Points: Arizona Court of Appeals blocks expedited rate hike requests by utilities The court requires the Residential Utility Consumer Office to legally prove the rate hike process is a formal rule Investor-owned utilities have a monopoly, requiring commission approval for rate hikes The state Court of Appeals has thrown a hurdle into the Arizona Corporation Commission’s efforts to expedite rate hik…
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