The Phoenix utility, a subsidiary of Pinnacle West Capital Corp. (NYSE: PNW), acknowledged spending $10 million in races during 2015 and 2016, according to a story from the Arizona Daily Star and Capitol Media Services.
APS previously disclosed its spending in the most recent elections as it was battling the solar industry regarding a host of issues, among them its proposed rate plan, demand charges for electricity, and its opinions on net metering, the policy by which solar users are paid by the utility for excess power production.
What was not included in the disclosures were any amounts spent on the 2014 ACC race that saw two Republicans elected to the commission. Commissioner Bob Burns has tried for two years to have APS turn over its spending records in that race.
The utility has never said it put money in the race, but two “dark money” groups put in about $3.2 million to back Tom Forese and Doug Little, who were eventually elected.