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Arizona

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TexasTowelie

(119,014 posts)
Sat Dec 26, 2020, 02:40 PM Dec 2020

Arizona regulators approve sale of beleaguered utility [View all]

Arizona utility regulators approved a deal for EPCOR USA to purchase the beleaguered Johnson Utilities company and for customers to pay for part of the transaction with hikes in their monthly bills.

The decision Tuesday split the Arizona Corporation Commission 3-2.

EPCOR USA, a subsidiary of a Canadian company, will purchase Johnson Utilities, which has roughly 30,000 water customers and about 40,000 wastewater customers across the state, the Arizona Republic reported. Its territory encompasses about 160 square miles of land, a size bigger than the city of Denver.

The deal would mean customers will pay about $45 million more over 15 years. According to documents filed with the commission, in the final 15th year, customers can expect to pay anywhere between $5 to $12 a month more in fees.

Read more: https://azcapitoltimes.com/news/2020/12/24/arizona-regulators-approve-sale-of-beleaguered-utility/

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Just the start of Wellstone ruled Dec 2020 #1
EPCOR... OneBlueDotBama Dec 2020 #2
Water belongs to the commons. It should not be owned by private utilities wackadoo wabbit Dec 2020 #3
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