Ted Geisler, President | Arizona Public Service
Ted Geisler, President | Arizona Public Service
Four organizations in Arizona will receive grants to support economic development as coal-fired power plants transition. The Utilities’ Grant Funding Program, backed by Arizona Public Service (APS), Salt River Project (SRP), and Tucson Electric Power (TEP), aims to help communities develop sustainable economic strategies.
The Joseph City Foundation is set to receive $10,000 to explore establishing a Community Improvement District. This initiative aims to enhance local improvements, drive economic growth, and improve residents' quality of life.
Four Corners Economic Development Inc. will get $15,000 for a workforce analysis in San Juan County. The study seeks to understand the current labor market and attract new professionals to companies considering relocation.
The Town of Springerville will use its $15,000 grant to hire a grant writer. This position will seek funding opportunities for programs designed to boost the local economy.
Round Valley School District is awarded $25,000 for hiring a grant writer who will identify new funding sources to alleviate expenses.
APS, SRP, and TEP have collectively committed $1 million to this program. APS and TEP funds do not derive from customer rates.
Applications for the seventh grant cycle are open until April 15, 2025. Eligible applicants include tribal, state, and local governments; public schools; economic development groups; and nonprofits within 75 miles of a closed or closing coal plant.
"APS serves about 1.4 million homes and businesses in 11 of Arizona’s 15 counties," according to the company description provided in the release. APS aims for 100% clean power by 2050 and currently has an energy mix that is about 54% clean.
TEP provides electricity service to 450,000 customers in Southern Arizona and is part of Fortis Inc., a major player in North American utilities.
SRP serves around 1.1 million customers as the largest electricity provider in the Phoenix area and manages water resources for approximately 2.5 million residents annually.