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Rachel Walden: “Utility companies aren't able to [adjust prices] until they…”

Featuring: Rachel Walden, Republican | Arizona Corporation Commission

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Arizona Debates: Corporation Commission

Published | Video Starts at 14:22

They will make adjustments there in their pricing to make up for that cost of business. The Utility companies aren't able to [adjust prices] until they come to the commission to go through the rate making process. which is a very long and expensive process for them to do. So they fund their increases in the cost of business through debt and through investors, and they carry that debt around. (14:22–14:28)

CLAIM

Asserts that utility companies must go through a commission process to adjust rates.

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