By Lyndon Rive, CEO SolarCity | The Arizona Republic
(Editor’s notes: Opinion pieces are posted for discussion purposes only. Rose Law Group represents SolarCity.)
The shareholder value of Pinnacle West, parent company of Arizona Public Service, increased $2 billion in 2014, and its stock price increased 30 percent.
APS is doing extremely well for its parent company. But these numbers are rarely discussed as APS mounts aggressive attacks — sometimes in its own name, but more often through surrogates — against rooftop solar.
Its latest proposal to increase fees on solar customers by 400 percent would crush the rooftop solar industry in Arizona. Is that necessary?