New TEP electric rates go into effect Monday - Inside Tucson Business: News

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New TEP electric rates go into effect Monday

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Posted: Friday, November 28, 2008 12:00 am

New rates from Tucson Electric Power go into effect Monday (Dec. 1) after receiving final approval from the Arizona Corporation Commission Nov. 24. While most users will pay more, the new rate structure is tied the amount of usage.

The winter base rate for a typical residential customer will go up by about 4 percent to $64.55 per month for 700 kilowatt hours. Customers using half that amount, 350 kilowatt hours, will see their monthly increase 1 percent, to $34.52. Higher volume users of 1,000 kilowatt hours per month will see bills increase by 8 percent to $92.65. Winter rates are in effect from November through April.

Summer rates for a typical lower-usage customer of 500 kilowatt hours will decrease 6 percent to $49.38 per month; a middle-range user of 1,100 kilowatt hours will increase 4 percent to $111.06 and the user of 1,700 kilowatt hours will see a 7 percent rate increase to $172.74 per month.

TEP has more details about its new rates online at www.tep.com.

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