PHOENIX (AP) - The new chief executive of Arizona's largest electric utility says the company will not spend money to influence elections for the company's regulators.
Arizona Public Service 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.
