When it comes to powering Arizona — our homes, businesses, and rapidly growing industries — reliable and affordable energy is non-negotiable. As energy demand surges and the push for cleaner, more efficient systems intensifies, our state faces an urgent challenge: how to modernize our energy infrastructure without placing undue financial strain on families and businesses. One proven solution is securitization, a financial tool that allows utilities to recover costs more efficiently while protecting ratepayers from unnecessary spikes in their bills. Think of it like refinancing a mortgage: securitization lets utilities refinance certain costs, such as retiring outdated facilities, at a lower interest rate. The result? Billions saved for consumers and businesses, all while paving the way for a cleaner, more …
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