VOTE NO on PROP 127:
HIGHER ELECTRICITY PRICES
Experts project the initiative would double the monthly electricity bill for the average Arizona household – costing a typical family more than $1,000 over the course of the year. Seniors and low-income families would be hit hardest!
Higher electricity costs hurt the economy. Passage of the initiative will kill thousands of Arizona jobs and cost more than $72 billion worth of economic activity (2018-2060), according to an independent analysis by the Seidman Research Institute at Arizona State University. School districts alone would lose out on more than $850 million in property tax revenues – funding our teachers and students desperately need.
HARMFUL TO AIR QUALITY
You read that right. The initiative considers clean nuclear energy a “dirty” fuel, so passage of the ballot measure would force the closure of the Palo Verde Nuclear Generating Station – our nation’s largest source of clean, carbon-free energy. Because solar and wind technology can’t meet Arizona’s high-demand energy needs, such as after the sun goes down on a summer evening in Phoenix or Tucson, natural-gas plants would have to be built in heavily-populated communities. That means more air pollution for Arizona families.
WHO IS REALLY BEHIND PROP 127
Prop 127 was created and is being nearly 100% funded by a California billionaire named Tom Steyer. Steyer made billions running a hedge fund invested heavily in fossil fuels. Now, this hypocrite and his NextGen Super PAC are spending millions of dollars to convince Arizona families we should pay more for electricity by bringing California-style energy regulations to our state. Don’t be fooled! As usual, Tom Steyer is looking out for himself … and planning to stick Arizona families with the bill.
FREQUENTLY ASKED QUESTIONS
What will this initiative do to my energy bills?
APS has projected the initiative, if approved by voters, would double the monthly electricity bill for the average APS household. That amounts to more than $1,000 in added cost per year for a typical Arizona family.
What would passage of the initiative mean for Palo Verde Nuclear Generating Station?
Because the initiative does not consider nuclear power a “clean” energy source, experts say Palo Verde would be forced to close by 2025. That’s because Palo Verde is a “baseload” power source, meaning it runs 24 hours a day and 365 days a year. Because the initiative would mandate the addition of so much additional renewable energy, it would no longer be cost-efficient to operate Palo Verde during the half of the year when energy needs are less intense.
Why should I care about the closure of Palo Verde?
Closing Palo Verde would be economically and environmentally devastating. Palo Verde employs thousands of workers and is Arizona’s single largest taxpayer. The plant pays $55 million in property taxes each year, much of which goes to benefit public schools.
How would the closure of Palo Verde mean for Arizona’s air quality?
Palo Verde is the nation’s largest producer of clean electricity. Without Palo Verde, natural gas plants will have to be built in urban areas to meet power needs during high-demand times. That means additional carbon emissions.
What’s at stake for jobs and the economy?
Economists warn the initiative would cost thousands of Arizona jobs inflict significant economic damage. Between now and 2060, Arizona would forfeit: thousands of quality jobs; $72.5 billion in Gross State Product; $42.5 billion in disposable personal income; and $5.8 billion in combined tax revenues.
Can the law be revisited or repealed down the road if it becomes too unsustainable?
No. Unlike laws that are passed through the legislative process, constitutional amendments cannot be repealed once they’re approved by voters. That’s yet another reason why it’s a terrible idea to set energy policy via the ballot box.
What organizations have opposed the measure?
A bipartisan and growing coalition of business and community leaders has come together to fight this initiative. See our members HERE.