Pinnacle West Capital Corporation, an investor utility company who operates Arizona Public Service, saw an increase of about 5.7% in retail sales in 2024.
That is despite residents using less power.
That means the largest reason power sales grew was because of large industrial and commercial customers, with more data centers and manufacturing facilities.
APS provides the electricity for the Taiwan Semiconductor Manufacturing Company facility in Phoenix, for example.
The company predicts that data centers and large manufacturers will continue to provide the majority of the growth in the coming years as well.
The company said it also installed the most residential meters in one year since the Great Recession. But it reported the average resident used less power compared to 2023.
EDITOR'S NOTE: The story has been updated to correct that the average resident used less power compared to 2023.
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The Lower Basin states of California, Arizona and Nevada are asking for a fresh look at proposals for sharing the shrinking water supply and changes to Lake Powell and the Glen Canyon Dam. -
A bill to ban the use of Chinese-made technology in the state’s critical infrastructure passed out of the Arizona House of Representatives. -
Arizona Public Service is using artificial intelligence to detect wildfires sooner in an attempt to improve response times for emergency services. Their new cameras can identify smoke from up to 25 miles away. -
Salt River Project is testing out new camera technology, which it says will allow for more efficient solar power generation. -
State lawmakers this week are set to debate two measures dealing with public utilities. Those are among the proposals on agendas during another busy week at the state Capitol.
