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Thursday, January 12, 2012

Proposed APS rate increase may become decrease

Thanks to pressure from consumer groups and low natural gas prices, a proposed 6.6 percent rate increase for APS has been derailed, and consumers may now see a 1 percent decrease this year if the Arizona Corporation Commission approves, according to a front page article in today's (Jan. 12) Arizona Republic.  But don't get too excited, because a bunch of minor increases and adjustments are likely to increase your bill anyway. 

If that sounds complicated, it is.  But you can read the entire story for yourself by clicking on azcentral.com.

Also in today's Republic, a new survey indicates tensions between rich and poor are growing.  In fact, the article reports that "Americans now see more social conflict over wealth inequality than over the hot-button topics of race relations and age," with 46 percent believing that "rich people are wealthy because they were fortunate enough to be born into money or to have the right connections."  You can also read that story by clicking on azcentral.com.

And remember you can get these stories and much more with home delivery of the Republic by calling 1-800-332-6733.  It's the kind of news you won't find in the local paper.

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