PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: APS

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

APS Filing Aims to Continue Advances in Sustainability and Reliability - Arizona Public Service Company later today will ask the Arizona Corporation Commission for approval to increase customer bills by 6.6 percent, effective July 1, 2012 (NYSE: PNW)
APS Filing Aims to Continue Advances in Sustainability and Reliability

 

NewswireToday - /newswire/ - Phoenix, AZ, United States, 2011/06/01 - Arizona Public Service Company later today will ask the Arizona Corporation Commission for approval to increase customer bills by 6.6 percent, effective July 1, 2012 (NYSE: PNW).

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The request is needed to help meet Arizona’s energy goals, including:

• Continuing to maintain and upgrade the reliable electric system APS customers expect.
• Producing 15 percent of the electricity used by APS customers from renewable generation by 2020. Today, the company obtains 3 percent of its generation from renewables.
• Meeting 22 percent of the energy needs of the company’s customers through energy efficiency measures by 2020. The current number for APS customers is 3.6 percent.

“Two years ago, we came together with the ACC and 21 other stakeholders to create a long-term vision for Arizona’s energy future. That shared vision includes continued upgrades to our power grid, ambitious goals for a cleaner energy supply and new energy efficiency programs for our customers,” said Don Robinson, APS President and Chief Operating Officer. “We are meeting those goals and spending about $1 billion each year to create a cleaner, reliable and more efficient energy future for Arizona. Now we are asking the ACC to continue its support of this plan.”

The rate request also would enable the company to incorporate more smart technology into Arizona’s electric grid and enhance control for customers over their energy use and bills.

If the company’s request is approved, the typical APS residential customer using 1,100 kilowatt hours per month would see a bill increase of $8.36 for a total of $135.61.

Robinson said that most APS customers could offset the impact of the rate increase by participating in one or more of the company’s energy efficiency programs. “The savings can be substantial,” Robinson said. “For example, participation in our refrigerator recycling program could offset the entire increase. Even something as simple as installing compact fluorescent light bulbs can make a big difference.”

This request comes only after significant cost management on the part of the company. Since the 2009 rate case, APS has cut operating costs by more than $37 million. The Nuclear Regulatory Commission’s recent approval of Palo Verde’s application for a 20-year renewal of its operating license also lowered the request.

The filing also seeks to modernize the way electric rates are set to reflect the importance of energy efficiency as a clean and affordable way to meet customer demand. “The current rate structure was created in the early 1900s, long before energy conservation became an important national priority,” said Robinson. The APS proposal would eliminate the company’s incentive for customers to consume more energy and ensure that energy efficiency programs can be used when the best resource choice for APS and its customers is using less energy.

These ongoing efforts are paying off for customers:

• The APS system continues as one of the most reliable in the nation. The company is among the industry leaders in reliability measurements that track frequency and duration of service interruptions.
• Renewable generating resources have increased from almost nothing (less than one megawatt) 10 years ago to enough (304 megawatts) to power a city the size of Yuma today.
• APS is spending about $500 million to build 100 megawatts of new photovoltaic solar plants located across Arizona that together are known as “AZ Sun.”
• In 2010, APS energy efficiency programs resulted in 319 million kilowatt hours of savings, which is equal to the total usage of approximately 24,000 average residential customers.
• APS has installed nearly 610,000 smart meters and is testing and implementing other smart grid technologies.
• Customer satisfaction levels are at all-time highs. According to the latest J.D. Power residential survey that measures such factors as price, billing and payment, customer service and power quality and reliability, APS ranks third nationally among 55 investor-owned utilities.

“All of these are huge steps, but especially our commitment to take advantage of the energy potential of the sun,” said Robinson. “The sun is an abundant resource in Arizona and reduces our need to burn fossil fuels. The funding provided by this rate request will help build a reliable and sustainable energy future for Arizona.”

For more information on the APS request, go to azenergyfuture.com/.

APS (aps.com), Arizona’s largest and longest-serving electricity utility, serves more than 1.1 million customers in 11 of the state’s 15 counties. With headquarters in Phoenix, APS is the principal subsidiary of Pinnacle West Capital Corp.

Analyst Contacts:
Rebecca Hickman - (602) 250-5668 / Geoffrey Wendt - (602) 250-5643

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: APS

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


APS Filing Aims to Continue Advances in Sustainability and Reliability

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Profile / Press Room |
Publisher Contact: Dan Wool - APS.com 
602-250-3376 / 602-321-3738 (cell) press[.]aps.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any APS securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From APS / Company Profile


Read Energy Most Recent Related Newswires:

GE’s 9FA Advanced Gas Path Technology to Boost Efficiency at Shanghai Caojing’s Power Station
GE and Noble Corporation to Partner on the Digital Rig℠ Solution, Aiming to Deliver Significant Operational Productivity Gains across the Fleet
GE Renewable Energy to Supply 3 Haliade* Offshore Wind Turbines in China
GE and Sarawak Energy Sign Multiyear Deal in Malaysia for Tanjung Kidurong Power Station, Bintulu
GE Hitachi Nuclear Energy and Bechtel Form Decommissioning Alliance
GE Equips New 1,320 MW CPHGC Power Plant to Help Pakistan Meet Growing Energy Needs
SolarWinds Empowers IT Professionals with the Ultimate Hybrid IT Performance Management Platform
Invenergy Closes Purchase Agreement for the La Jacinta Solar Farm in Uruguay
ENGIE Acquires EV-Box - The Largest European Electric Vehicle Charging Player
GE Renewable Energy to Showcase Expertise in Hydropower At Africa 2017 In Marrakesh, Morocco
GE Awarded Contract for First HA Gas Turbine in China
GE Power Signs Multiyear Agreement and First Cybersecurity Solution in Latin America
GE Hitachi Nuclear Energy and ARC Nuclear Announce Cooperation to Accelerate Commercialization of Advanced Small Modular Reactor
Shermco Industries Receives Gold Safety Recognition from the American Wind Energy Association
GE’s Fuel-Flexible Power Plant Brings Vital Energy Boost to Ghana

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  MagLar, Inc.

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)