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TEP statement re: RUCO support of amended settlement agreement.


TUCSON, Ariz.--(BUSINESS WIRE)--Feb. 1, 1996--From Charles E. Bayless, Tucson Electric Power Tucson Electric Power (TEP) is an electric utility company serving southern Arizona in the United States. It is a subsidiary of the UniSource Energy Corporation.

Tucson Electric Park, a baseball stadium on Tucson's south side, is named for TEP.
 Co. (NYSE NYSE

See: New York Stock Exchange
:TEP TEP Tucson Electric Power
TEP Tomographie par Emission de Positons (French: Nuclear medicine imaging)
TEP Technical Evaluation Panel
TEP The English Patient (movie)
TEP Transportation Enhancement Program
) chairman, president, chief executive officer: "We appreciate the efforts by all parties to resolve the issues which should allow the Arizona Corporation Commission to reconsider a settlement agreement that we continue to believe is beneficial to customers and TEP.

"TEP also appreciates RUCO RUCO Residential Utility Consumer Office (Arizona state government)  taking the initiative to resolve differences and reach an amended agreement which benefits residential customers. The effort has resulted in a settlement which should resolve concerns of the ACC See adaptive cruise control.  and allow TEP to continue on its path into the competitive future.

"With rate stability through the year 2000, and the flexibility to develop new opportunities for revenue, TEP can be a successful competitor in the energy industry. The support of the community has been essential to the entire process."

CONTACT: Tucson Electric Power Co., Tucson

Alan Bunnell, 520/884-3797 (Media)

Caroline Gardiner, 520/884-3931 (Financial Analyst)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 1, 1996
Words:155
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