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Uns Energy

Canadian firm completes buyout of Tucson Electric parent

The new UNS Energy board of directors includes six independent local directors from the prior UNS board

August 15, 2014 2:10 pmLoading…
State regulators OK $4.3B buyout of Tucson Electric parent

State regulators OK $4.3B buyout of Tucson Electric parent

No major changes expected but customers will soon see small billing credits

August 13, 2014 12:00 am Photos

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News and notes

State regulators to decide on proposed buyout of TEP parent on Tuesday.

August 12, 2014 12:00 amLoading…

Concern widens over sabotage at Nogales power station

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.

June 13, 2014 3:21 pmLoading…

Proposed UNS Energy buyout gaining support — and conditions

The proposed buyout of Tucson Electric Power Co. parent UNS Energy Corp. by Canadian utility giant Fortis Inc. is gathering conditional support among stakeholders.

May 11, 2014 12:00 amLoading…
Retiring TEP chief reflects on five years at helm

Retiring TEP chief reflects on five years at helm

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.

April 27, 2014 12:00 am Photos

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Tucson Electric parent UNS Energy staves off pair of bankruptcy hoaxes

Tucson-based UNS Energy Corp., parent of Tucson Electric Power Co., was the target of a failed hoax in which someone filed fraudulent bankruptcy papers on the company’s behalf.

March 01, 2014 12:00 amLoading…

Tucson Electric parent posts 80% increase in 4Q profit

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.

February 25, 2014 1:45 pmLoading…

Suits challenge merger of Tucson Electric Power's parent with Canadian firm

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.

December 29, 2013 12:00 amLoading…

Tucson Electric parent OKs $4.3B buyout

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.

December 12, 2013 12:00 amLoading…
Solar farm being installed near Rio Rico

Solar farm being installed near Rio Rico

The 37-acre, 5-megawatt photovoltaic array will supply power to customers of UniSource Energy Services. The system, expected to provide enough power to supply about 1,500 homes, is expected to be turned on in the first quarter of 2014.

July 19, 2013 12:00 amLoading…
Solar farm being installed near Rio Rico

Solar farm being installed near Rio Rico

A new farm is going up along Interstate 19 near Rio Rico, but it's not raising cotton or even pecans.

July 19, 2013 12:00 amLoading…

TEP parent UNS posts lower 3Q earnings

UNS Energy Corp., parent of Tucson Electric Power Co., posted lower third-quarter earnings as profits continued to be squeezed by an ongoing rate freeze and stagnant power demand.

November 03, 2012 12:00 amLoading…

Tucson Electric parent posts lower third-quarter earnings

UNS Energy Corp., parent of Tucson Electric Power Co., today posted lower third-quarter earnings as profits continued to be squeezed by an ongoing rate freeze and lower summer power demand.

November 02, 2012 11:46 amLoading…
TEP: Storm-related repairs top $5 million this year

TEP: Storm-related repairs top $5 million this year

Tucson Electric Power Co. spent more than $5 million on storm-related emergency repairs this year through July - not including a major early-August storm that downed more than a dozen power poles on the south side.

August 24, 2012 12:00 amLoading…
TEP: Storm-related repairs top $5 million this year

TEP: Storm-related repairs top $5 million this year

Apprentice lineman Florencio Ortega, left, with Tucson Electric Power, works with linemen John Hartnett, center, and Danny Tellez to make way for a higher-capacity line from South Avenida del Convento west along East Congress Street to South Grande Avenue. The new line will help when it come…

August 24, 2012 12:00 amLoading…

Climate-change group presses Tucson Electric on coal

A local environmental group pressed its demand that Tucson Electric Power Co. stop burning coal at a local power plant today, with a lunchtime demonstration and leafleting at the downtown headquarters of TEP parent UNS Energy Corp.

August 09, 2012 2:05 pmLoading…

TEP parent reports lower quarterly gains

UNS Energy Corp., parent of Tucson Electric Power Co., reported lower second-quarter earnings despite higher sales at TEP due to hotter weather.

July 31, 2012 12:00 amLoading…

Tucson Electric parent posts lower 2Q earnings

UNS Energy Corp., parent of Tucson Electric Power Co., reported lower second-quarter earnings despite higher sales at TEP due to hotter weather.

July 30, 2012 2:05 pmLoading…

Tucson Electric parent to report earnings

UNS Energy Corp., parent of Tucson Electric Power Co., plans to release its financial results for the second quarter on Monday before the market opens.

July 29, 2012 2:05 pmLoading…

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