Assigned to NR AS PASSED BY ADD COW ARIZONA STATE SENATE Fifty-Seventh Legislature, First Regular Session AMENDED FACT SHEET FOR H.C.M. 2014 corporation commission; reliable energy Purpose Urges the Arizona Corporation Commission (ACC) to immediately reconsider the approval of the closure of outlined existing coal plants, direct regulated utilities to revise, update and resubmit their most recent integrated resource plans to provide portfolios that prioritize reliable sources of baseload and dispatchable power and support President Trump's agenda to unleash American energy with the use of reliable sources of power generation including coal. Background The ACC regulates investor-owned or privately-owned utilities that provide gas, water, electricity or telephone service (ACC). The ACC has the power to inspect and investigate the property, books, papers, business, methods and affairs of any corporation whose stock is offered for sale to the public and any public service corporation doing business within Arizona (Ariz. Const. art. 15 § 4). The ACC has the power and authority to enforce its rules, regulations and orders by the imposition of such fines as the ACC may deem just (Ariz. Const. art. 15 § 19). The Arizona Constitution allows the Legislature to enlarge the powers and extend the duties of the ACC and to prescribe rules and regulations to govern proceedings by and before the ACC (Ariz. Const. art. 15 § 6). There is no anticipated fiscal impact to the state General Fund associated with this legislation. Provisions 1. States that the Legislature prays that the ACC: a) immediately reconsider previous decisions approving the closure of existing coal plants, including the planned retirement of the Cholla Generating Station in 2025 and the Four Corners Power Plant in 2031; b) direct regulated utilities to revise, update and resubmit their most recent integrated resource plans to provide portfolios that prioritize reliable sources of baseload and dispatchable power that are the most cost effective for ratepayers to meet future demand; and c) support President Trump's agenda to unleash American energy with the use of reliable sources of power generation including coal. 2. Directs the Secretary of State to transmit copies of the memorial to the Chairperson and each Commissioner of the ACC. 3. Becomes effective on the general effective date. FACT SHEET – Amended H.C.M. 2014 Page 2 Amendments Adopted by Additional Committee of the Whole 1. Removes from the Legislature's statement that the ACC protect ratepayers by adopting the national model policy entitled Only Pay for What You Get to allow Arizona utilities to recover costs only from the reliable portion of generation from a proposed new source. 2. Modifies the language of the memorial to conform with the Legislature's statement. 3. Makes conforming changes. House Action Senate Action NREW 2/18/25 DPA 6-4-0-0 NR 3/18/25 DP 5-3-0 3 rd Read 2/26/25 33-26-1 Prepared by Senate Research April 16, 2025 SB/slp