APS parent company launches $1M campaign to support Corp Comm Republicans
The parent company of the state’s largest electric utility entered the Arizona Corporation Commission race, funding an outside group to support three Republican candidates for the regulatory body.
The Arizona Coalition for Reliable Electricity, an independent expenditure committee filed with the Secretary of State’s office on Oct. 21, will report receiving $1 million from Pinnacle West Capital Corp., the parent company of Arizona Public Service, the IE’s spokesman, Matthew Benson, told the Arizona Capitol Times.
Benson said the group will be spending money to help elect GOP candidates Bob Burns, Boyd Dunn and Andy Tobin.
The move marks a departure from Corp Comm conventions. In the past, regulated entities didn’t spend on commission elections. In 2014, more than $3 million in anonymous spending poured into the commission race to support then-candidates, now-commissioners Doug Little and Tom Forese. Many speculate the money came from APS or Pinnacle West, though the companies have not confirmed or denied any involvement.
Read more: http://azcapitoltimes.com/news/2016/10/24/aps-parent-company-launches-1m-campaign-to-support-corp-comm-republicans/
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