News Release
Commissioner Myers Amendment Results in Refund for TEP Customers
Phoenix, Ariz.— At the Arizona Corporation Commission’s (“ACC”) May 7, 2024, regular open meeting, Commissioner Nick Myers joined the unanimous vote of the Commission to approve Tucson Electric Power Company’s (“TEP”) proposal to refund $9.5 million in excess uncommitted Demand Side Management Surcharge (“DSMS”) funds.
In August 2023, as part of TEP’s rate case, the Commission adopted a Commissioner Myers amendment requiring TEP to file a proposal to refund uncommitted excess DSMS funds as of December 31, 2023 (Decision No. 79065).
“I’m pleased to see that the Commission’s decision back in August will result in some bill relief for TEP customers this summer, when they need it the most,” commented Commissioner Myers.
The average monthly residential bill impact will be a refund of $5.63 in both June and July. For Small General Service customers, the average bill impact will be a refund of $19.55 in June and July.
For more information about the DSMS refund for TEP customers, please contact Amanda Hasty at myers-web@azcc.gov.