Prepared for Meir | Delivered July 26, 2019
Arizona Electricity Price Increases
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To understand electricity price increases over the years by electric companies in Arizona in order to facilitate a pitch that solar power is cheaper in the long term.
APS increased the electricity rate of some residents of Arizona by as much as
55% to 88%
within one year, even though energy use increase was only 7%.
There was also a report in 2018 that APS price hike was
three times more than
what customers were told.
Energy prices have increased by an average of
in the last 10 years in the US.
The average monthly electricity bill in the US is
and it is expected to reach
the next 20 years.
Average electricity prices in Arizona has
between 2008 and 2018, compared to the national average.
Electricity prices increased by
between 2008 and 2018 in Arizona, one of the highest in the US.
The electricity price increase in Arizona between 2013 and 2018 is
Electrical District 3 decreased electricity rates by
5.16% between 2015
and 2016 and decreased the rate further by
3.16% between 2016
SRP decreased electricity rates in 2019 by between
$1 and $4
TEP increased electricity bill by an average of
$7.16 between 2018
that over the last 20 years, they have only increased residential electric rates by an average of
about 1% per yea