Pinnacle West Reports 2023 Third-Quarter Results
Record-setting summer heat drives quarter-over-quarter earnings improvement Operating performance, reliability remain strong for customers APS recognized for distributed energy, safety and...
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Record-setting summer heat drives quarter-over-quarter earnings improvement Operating performance, reliability remain strong for customers APS recognized for distributed energy, safety and...
PINNACLE WEST REPORTS 2023 THIRD-QUARTER RESULTS •Record-setting summer heat drives quarter-over-quarter earnings improvement ...
Amid soaring temperatures, Arizona has seen success with utility programs that incentivize people to turn down the AC when the power grid is stressed.
In Arizona, utilities have used a counterintuitive tool to help keep the lights on despite the state's ongoing wave of historic heat — they've asked customers to turn their air conditioners down. In July and August, Arizona’s three biggest utilities were able to call on more than 100,000 customers to reduce their electricity use by a total of 276 megawatts during afternoon and evening hours when demand for power was at its peak.
An expert witness for APS recently confirmed in a hearing that large utilities oppose customer-sided energy policies because they cut into shareholder profits.