New APS CEO: No Spending On Campaigns For Regulators
The new chief executive of Arizona Public Service Company says APS will not spend money to influence elections for the company's regulators.
APS CEO Jeff Guldner told the Corporation Commission Tuesday that APS and its parent company, Pinnacle West, will not directly or indirectly support any candidates for the commission.
In 2014, APS broke with its precedent and secretly spent more than $3 million to support its favored candidates for the Corporation Commission.
It openly spent more than $4 million on commission races two years later.