(Reuters) - The rate increase is based on a 10.75 percent return on
equity, a 45 percent/55 percent debt to equity capital
structure, a cost of capital of 8.32 percent, an original cost
rate base of $4.4 billion, and a base rate for fuel and
purchased power costs of $0.0325 per kilowatt hour, Pinnacle
West said in a regulatory filing.
The commission also approved a $34 million fuel cost
recovery through a temporary surcharge.
Read more at Reuters.com Government Filings News
equity, a 45 percent/55 percent debt to equity capital
structure, a cost of capital of 8.32 percent, an original cost
rate base of $4.4 billion, and a base rate for fuel and
purchased power costs of $0.0325 per kilowatt hour, Pinnacle
West said in a regulatory filing.
The commission also approved a $34 million fuel cost
recovery through a temporary surcharge.
Read more at Reuters.com Government Filings News
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