Water companies may sometimes charge customers more without formal rate cases.
The Arizona Corporation Commission will hold public hearings this week in Tucson on the proposed $4.3 billion buyout of Tucson Electric Power Co.’s parent company, UNS Energy Corp., by major Canadian utility operator Fortis Inc.
The FBI is investigating whether a makeshift bomb placed next to a 50,000-gallon diesel tank at an Arizona power station Wednesday has any connection to a suspicious incident this year at another substation owned by the same company.
Tucson’s oldest mall has new owners. El Con Mall was purchased for $81.7 million by a group fronted by St. Louis Rams owner Stanley Kroenke.
The owners of El Con Mall might announce early next week that Tucson’s oldest shopping mall is being sold.
Canadian utility giant Fortis Inc. has agreed to sweeten the pot for ratepayers in its proposed $4.3 billion buyout of Tucson-based UNS Energy Corp.
The proposed buyout of Tucson Electric Power Co. parent UNS Energy Corp. by Canadian utility giant Fortis Inc. is gathering conditional support among stakeholders.
It may be an understatement to say that a lot has happened since Paul Bonavia became chief executive of UNS Energy Corp. and its main subsidiary, Tucson Electric Power Co., in 2009.
Tucson Electric Power Co. customers will likely see their monthly bills rise a few dollars, as state regulators reset a financial mechanism linked to fuel and purchased-power costs.
The planned acquisition of Tucson-based UNS Energy Corp. by a Canadian utility company advanced with the approval of federal energy regulators.
Shareholders of UNS Energy Corp. voted today to approve the proposed $4.3 billion buyout of the company by Canadian utility giant Fortis Inc.
State regulators are preparing to implement a new policy allowing owners of small utilities — including many private water companies — to pass on the cost of their personal income taxes to ratepayers, despite opposition from consumer advocates.
Paul J. Bonavia, chairman and CEO of UNS Energy Corp. since 2009, will retire as CEO on May 2 and take a new role as executive board chair of the company, the parent company of Tucson Electric Power Co. announced.
Higher rates at Tucson Electric Power Co. helped parent UNS Energy Corp. post an 80 percent increase in fourth-quarter profit and a 40 percent increase in net income for all of 2013.
State regulators have agreed to allow Tucson Electric Power Co., Arizona Public Service Co. and a rural TEP affiliate to apply for waivers to state rules requiring a certain amount of rooftop-solar installations to meet clean-energy goals.
State utility regulators are considering plans to waive — or possibly eliminate — a mandate that Tucson Electric Power Co. and other utilities get a certain amount of renewable energy from rooftop solar installations.
Tucson Electric Power Co. and the Girl Scouts of Southern Arizona are working together to give away 150,000 compact fluorescent light (CFL) bulbs through Girl Scout cookie sales.
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Shareholders of Tucson Electric Power Co.’s parent corporation, UNS Energy, have filed a pair of lawsuits in Pima County Superior Court in an effort to halt a Canadian company’s planned acquisition of the power provider.
UNS Energy Corp., the parent of Tucson Electric Power Co., has agreed to be acquired by Canada-based utility Fortis Inc. in a deal worth $4.3 billion, the companies said Wednesday.