
The Arizona Corporation Commission has approved a rate hike for APS customers, with the exact amount increase still being calculated. Meanwhile, PGE4Me reported a nearly 25% increase in profits to over $2.2 billion for 2023 after implementing substantial rate hikes earlier. The firm experienced a 1% rise in net income and 5% growth in profits per equity partner to $2.05 million in 2023.
APS reports profits are up and, thanks to last week's Corporation Commission rate hike, projects that profits will rise again in 2024. Meanwhile, we customers still don't know how much more we will pay for electricity starting next month. https://t.co/iVHWJl64mq via @azcentral
The firm saw increased profitability in 2023, with a 1% rise in net income and 5% growth in profits per equity partner to $2.05 million. https://t.co/DKjnAVWxsd
.@PGE4Me announced on Thursday that it saw an almost 25% increase in profits to over $2.2 billion for 2023. This comes after the utility company hit customers with substantial rate hikes at the beginning of this year. https://t.co/3UgJPdulHh https://t.co/S1wG1ZHm4r


