A new report analyzing electric utility Arizona Public Service’s “Net Zero” Preferred Plan, which was approved by the Arizona Corporation Commission (ACC) last year, found that the plan to eliminate carbon dioxide emissions caused by fossil fuels by 2038 will increase prices for ratepayers by at least 45 percent and cause blackouts. The Arizona Free Enterprise Club and AZ Liberty Network issued their findings last week about the aggressive plan to switch to solar and wind power.
The report, authored by Isaac Orr and Mitch Rolling, co-founders of Always On Energy Research (AOER), emphasized, “The most important thing to know about Arizona Public Service (APS) is that it is not a private company, it is a government-approved monopoly utility.” Families who live within its territory do not have any other option for electricity.
AOER noted that the radical agenda was adopted “not in response to legislation passed by Arizona lawmakers or policies set by the Arizona Corporation Commission (ACC), but rather to meet the company’s self-imposed Net Zero by 2050 and Environmental and Social Governance (ESG) goals.”
The report found that the APS Preferred Plan would increase energy costs by at least 6.23 cents per kWh, raising annual electricity costs for the average American family by at least $1,620 annually. Currently, the cost of electricity through APS is slightly less than the nation’s average.
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