Arizona Public Service Company wants to raise its electricity rates by about 14%. If approved by the Arizona Corporation Commission, it could take effect later this year. But Attorney General Kris Mayes says APS could get away with a 3% increase and still maintain reliable service. She says in the current plan, residential rate-payers would[...]
Call it spring hellfire, the Heat Miser’s meddling or the harbinger of summer — a historic heat wave is descending on Arizona, bringing three-digit temperatures to Phoenix. But this week’s record-breaking heat is not the stuff of myth or legend, experts warn: It’s on trend for a warming planet. The heat is the result of[...]
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[...]