Valley Residents Continue to Make the Switch to Electric Vehicles at a Rapid Rate

2023 National Drive Electric Week is Sept. 22 – Oct. 1

Whether tired of high gas prices or not being able to drive in the HOV lane, Valley residents continue to make the switch to electric vehicles at a rapid rate. People living in SRP territory have surpassed EV adoption targets in the last few years, with more than 40,500 EVs leased or purchased in SRP’s service territory as of this April. SRP hears from customers that the … [More]

Defense Department Announces $238M CHIPS and Science Act Award, ASU Selected for Microelectronics Commons Hub

Deputy Secretary of Defense Kathleen Hicks announced the award today of $238 million in "Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act" funding for the establishment of eight Microelectronics Commons (Commons) regional innovation hubs. This is the largest award to date under President Biden's CHIPS and Science Act. "The Microelectronics … [More]

Freepoint Eco-Systems to Construct Advanced Recycling Facility in Arizona

Freepoint Eco-Systems LLC ("Freepoint") announced the development of a commercial-scale advanced plastics recycling facility located in Eloy, Arizona. The ISCC Plus Certified facility will recycle end-of-life waste plastic otherwise destined for landfills or incineration. It will span 40 acres of currently undeveloped land and have the capacity to recycle … [More]

National Housing Report for August 2023 Released, Phoenix YOY New Listings Rose 36.6%

New listings rose 1.8% sequentially in August, bucking the typical July-to-August seasonal trend of decline. Last year, new listings declined 12.8% in August, the second month in a streak of six month-to-month declines that ended in January. Home sales rose 7.4% over July and the Median Sales Price of $425,000 was unchanged across the 50 metro areas surveyed. Meanwhile, … [More]

Phoenix Awarded $10 Million to Expand Tree Planting Efforts

The United States Forest Service announced that the City of Phoenix was awarded a $10 million grant to support tree planting efforts in heat-vulnerable areas.   "This significant award is more than just money for tree planting -- it's an acceleration toward a cleaner, cooler, more equitable Phoenix. Expanding our shade canopy has long been one of my priorities, and as we … [More]

5 Elements That Make a Good Company Culture

Successfully attracting and keeping talent that helps your company continue to flourish is heavily influenced by one key factor: culture. Many job seekers are even placing a higher value on a company’s culture than their salary when choosing a position. This is a value Better Business Bureau Serving the Pacific Southwest (BBB) holds high, not only with new employees, but every … [More]

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