PHOENIX, Ariz. (KVOA) - The Arizona Corporation Commission (ACC) voted to reduce the Lost Fixed Cost Recovery (LFCR) surcharges for Tucson Electric Power Company (TEP) and UNS Electric, Inc. (UNSE) customers. The unanimous decision on September 17, will lower monthly bills slightly for these customers.
“I was pleased to vote in favor of these reductions, which reflect our continued commitment to ensuring fair and reasonable rates for Arizona families,” said Vice Chairman Nick Myers.
The LFCR enables the recovery of lost fixed costs related to Energy Efficiency (EE) and Distributed Generation, such as rooftop solar. These costs include parts of transmission and distribution costs in base rates.
TEP’s LFCR rate for EE is decreasing to 1.5338%, and for Distributed Generation, it is droppin