On December 3, 2021, Southwest Gas Corporation (“SWG”) filed an application with the Arizona Corporation Commission (“ACC”) for a permanent gross revenue increase of $90.7 million or 11.5 percent over current revenues. Under the Company’s proposal, the average residential customer would see an increase of $5.12 per month.
The Company’s proposal reflects its continued investment in Arizona, to support the State’s economic and customer growth. The proposal reflects $711 million in rate base investments the Company has, or will make, since 2019 to ensure the continued provision of safe and reliable service in Arizona Meanwhile, the Company has added more than 61,000 customers. The Company has effectively managed its expenses in line with customer growth:
Over the last five years, the Company’s customer growth in Arizona has increased approximately 9 percent, the same rate of growth of the Company’s expenses. While the level of expenses has increased, the increases are in line with customer growth and are reasonable to recover in the cost of service.