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GOP Tax Plan Gives APS Customers Surprise Savings

Customers for Arizona’s largest utility will see some unexpected savings on their bills this year because of the GOP tax plan.

The cut in the corporate tax rate — a key part of the Republican’s tax overhaul — would amount to a decrease of $4.68 for the average Arizona Public Service customer. The $119 million in savings will offset the utility's recently approved rate hike, which authorized a revenue increase of $95 million.

The Arizona Corporation Commission still has to OK the decrease, which would appear as a credit on customers’ bills.

A statement from APS said it anticipates additional savings due to the tax bill but doesn’t have full details yet.

The change would take effect next month if regulators give their approval.

Will Stone grew up with the sounds of public radio. As a senior field correspondent, he strives to tell the same kind of powerful stories that got him into the business — whether that means trudging through some distant corner of the Sonoran Desert or uncovering an unknown injustice right down the street. Since joining the KJZZ newsroom in 2015, he has covered political scandals, fights over the future of energy, and efforts to care for some of Arizona’s most vulnerable communities. His pieces have also aired on national programs like Morning Edition, All Things Considered, Here & Now and Marketplace. Before coming to KJZZ, he reported for public radio stations in Nevada and Connecticut. Stone received his degree in English literature from Haverford College, where he also wrote about the arts and culture scene in Philadelphia. After graduating, he interned at NPR West in Culver City, California, where he learned from some of the network’s veteran reporters and editors. When he doesn’t have a mic in hand, Stone enjoys climbing mountains, running through his central Phoenix neighborhood and shamelessly promoting his cat, Barry.