Major electric company secures loan to make a game-changing shift that could save customers money: 'Exciting'

Major electric company secures loan to make a game-changing shift that could save customers money: 'Exciting'

Arizona's largest electric utility company secured a conditional $1.81 billion loan that will help the shift toward renewable energy and reduced emissions. Factor This reported on the loan details, which will finance initiatives like new or upgraded transmission projects, renewable power generation, and grid-integrated energy storage systems. This loan from the U.S. Department of Energy's Loan Programs Office will help Arizona Public Service Com…