Households and businesses served by investor-owned utilities pay billions of dollars in profits to utility investors each year. Until now, no one has put a precise number on how much of an electric bill is made up of that profit. Using publicly reported financial data, this report provides the first systematic look at how much[...]

After a very brief heat reprieve brought on by Monday’s storm, temperatures are expected to climb once again, with some forecasts calling for 100-degree weather next week. 👎 Why it matters: That’s more than a month sooner than we’re supposed to see triple-digit temperatures. State of play: To add a bit of levity to our least favorite time of the[...]

A watchdog group has accused a Valley landowner of exploiting a loophole in Salt River Project’s rules to use a large property to influence the outcome of the utility’s 2024 board races, before flipping the land to a data center developer for hundreds of millions of dollars. The allegations center on 200 acres of land[...]

When most Arizonans open their electric bill and see another increase, they blame the utility company. That reaction makes sense. The utility companies are the ones sending the bill. But what many people don’t realize is that utilities don’t raise rates on their own. In Arizona, the authority to approve energy rate increases rests with[...]

Arizona Public Service (APS), is proposing a roughly 14 percent increase to its base rates. If approved by the state, families could see their monthly electricity bills rise. Maura Valenzuela, a mother of two who has lived in Somerton for more than 20 years, says the increase would hit families like hers hard. “Many times,[...]