Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Arizona approves first Formula Rate for gas, enabling annual cost reviews and faster savings pass-through to customers.
The Arizona Corporation Commission has approved the state’s first Formula Rate, the Annual Rate Adjustment Mechanism (ARAM), for UNS Gas, replacing traditional rate-setting with annual reviews of costs to improve affordability and transparency.
Unlike the old system based on a single “test year,” ARAM allows for timely rate adjustments, prevents surprise hikes, and enables annual savings—such as from tax cuts—to be passed directly to customers.
It also permits rate decreases when costs fall and strengthens oversight to ensure reasonable spending.
The change, used for decades at the federal level and in other states, aims to stabilize bills and help households better manage energy budgets.
Arizona aprueba el primer Formula Rate para gas, lo que permite revisiones anuales de costos y un mayor ahorro para los clientes.