Arizona AG Kris Mayes calls latest APS rate hike proposal a ‘blatant’ grab for profits

PHOENIX — Arizona Attorney General Kris Mayes called a proposed rate hike by the state’s largest electric provider a “blatant” grab for corporate profits.

Last week, Arizona Public Service (APS) filed an application with state regulators for a 14% increase. If approved, the APS rate hike would raise monthly bills by about $20 for the typical residential customer by the second half of 2026.

Mayes issued a statement Tuesday vowing to oppose the plan…

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