Briton Baxter

speaker

3,030 appearances 30 recordings 1 series first heard Sep 2025 last heard 10 Sep

Briton Baxter’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 28 in all, peaking in Apr 2026 with 5.

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And we thought between the hearing and open meeting they would probably be at or

very close to what the number that's in the settlement agreement.

So our our position has been we believe that over time a formula rate will act as a reduction to risk for the utilities.

But because it's new and untested in Arizona, we're not prepared to quantify.

What that potential reduction could be.

Is it twenty basis points?

Is it ther I believe over time it'll actually increase?

as it addresses the regulatory lag issue.

But I I

sitting here today we're just not prepared to say it should be twenty or thirty or fifty basis points.

I'm not sure we use language that said it's a guaranteed rate of return, but it comes close to being a guaranteed return.

plan and in general kind of does that.

And that's why we believe a fifty basis point deadband is is more appropriate and serves as a rate payer protection.

That's correct.

We're aware that Commissioner Marquez Peterson has filed a request for similar information, excuse me, in several other pending ray case dockets.

Um I understand the intent behind the letter.

I think the information that's been provided or will be provided in those dockets.

Can be beneficial to a commissioner.

As a accountant and an auditor and an engineer at heart.

Um, I would want to know how the companies came up with those numbers, what the basis was.

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