Watch your wallets, Arizona, and especially you customers of Arizona Public Service. Gov. Katie Hobbs has signed a bill that critics predict will allow the powerhouse, for-profit utility — and all other electric utilities — to reach more deeply into your pocket. This, in the very week when we learn about yet another six-figure contribution[...]
Arizonans know extreme heat can be deadly, so it was incomprehensible this week when Arizona Corporation Commissioner Nick Myers blamed an elderly woman’s heat-related death last May on her and her family, not the power shutoff that left her without air conditioning during a brutal heatwave. Instead of demanding answers about why her electricity was[...]
Democratic lawmakers, former members of the Arizona Corporation Commission and other advocates continue to sound alarm bells over a bill that would allow public utility companies to securitize assets as the possibility of significant amendments or a veto remains uncertain. At a press conference on April 29, Democratic Sens. Priya Sundareshan and Lauren Kuby were[...]
In 2024, investor-owned utilities paid their chief executive officers a total of over $530 million, according to an analysis by the Energy and Policy Institute based on the latest proxy statements released by the companies. Of the 54 utilities examined, most increased the total executive compensation paid out in 2024 over the previous year’s levels.[...]
Arizona Public Service has spent the last decade reshaping Arizona’s energy policies in its favor. This legislative session, APS and other utilities are making one of their boldest moves yet — pushing lawmakers to approve sweeping changes in how and what they can charge their captive electricity ratepayers.