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Arizona governor defends utility financing bill despite APS clean energy setback

Key Points: Arizona Public Service walks back plan to exit coal energy by 2031 Advocacy groups say the company’s delayed exit from coal defeats the purpose of bill APS said the securitization legislation can still be used on other assets, including those damaged by natural disasters Gov. Katie Hobbs and Arizona Public Service are defending a controversial utility financing bill set to take effect in September after advocacy groups say the com…

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Arizona Capitol Times broke the news in Phoenix, United States on Tuesday, August 12, 2025.
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