SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 28, 1996
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ARIZONA PUBLIC SERVICE COMPANY
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(Exact name of registrant as specified in its charter)
Arizona 1-4473 86-0011170
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation Number)
400 North Fifth Street, P.O. Box 53999, Phoenix, AZ 85004
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (602) 250-1000
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NONE
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(Former name or former address, if changed since last report)
Item 5. Other Events
In August 1996, as part of its ongoing competition docket, the Staff of
the Arizona Corporation Commission ("ACC") conducted another workshop on
electric industry restructuring with interested parties on a number of options
for introducing retail electric competition in Arizona. See Note 5 of Notes to
Condensed Financial Statements in Part I, Item 1 of the Arizona Public Service
Company (the "Company") Quarterly Report on Form 10-Q for the fiscal quarter
ended June 30, 1996. On August 28, 1996 the ACC Staff issued an initial draft of
a proposed rule for introduction of retail electric competition in Arizona for
comments by interested parties by September 12, 1996. A copy of the draft rule
is attached hereto and incorporated herein by this reference. At this time, the
process is not part of a formal rulemaking procedure, and a procedural framework
beyond the comment deadline has not yet been established. The Company cannot
currently predict the process which will be used to initiate ACC rules for
retail electric competition or the ultimate form of such rules.
In April 1996 an Arizona law established legislative and advisory
committees to study electric utility industry restructuring issues and report
back to the legislature by the end of 1997. Members of the committees have
been appointed, and include a representative of the Company.
Item 7. Financial Statement, Pro Forma Financial Information and Exhibits
(c) Exhibits.
Exhibit
No. Description
10.1 Proposed Rule - Retail Electric Competition - Docket No.
U-0000-94-165
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ARIZONA PUBLIC SERVICE COMPANY
(Registrant)
Dated August 30, 1996 By Nancy E. Newquist
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Nancy E. Newquist
Treasurer