ACC staff: Sun’s not shining on APS rooftop solar plan


Arizona Corporation Commission staff has actually rained on a proposal by Arizona Public Service Co. to enter the rooftop solar installation market.

Earlier this year, APS proposed a residential rooftop solar regimen where it would certainly lease homeowners’ roof area to install photovoltaic collectors and credit the value to the electricity bills. The utility would certainly own the system, the electricity generated and sustain the equipment. As several as 3,000 homes would certainly have actually been eligible for the first regimen if it were approved by the ACC. Slated for a Thursday hearing, ACC staff is recommending denial.

The ACC agenda was changed to enable for discussion, however no action on the proposal. Closed for Veterans Day, the Phoenix Company Journal was unable to confirm whether the matter is still slated for a hearing, or has actually been removed from the agenda.

ACC staff discovered that APS does not have to enter the solar installation market, which until now has actually been a competition among private firms. The staff likewise said that the electricity company’s regimen would certainly be much more costly to implement compared to current solar electricity programs. The recommendation requires approval by a majority of the commission.

“We know and appreciate the pertains to raised by staff concerning our residential rooftop proposal,” APS spokesman Ray Brooks said in a statement.” We believe our proposed regimen extends the chance of solar to a segment of our 1.2 million customers that otherwise would certainly not qualify.”

Photovoltaic units are installed on a lease-basis by solar companies. Homeowners are able to usage the electricity and obtain credit for surplus-generated electricity sold spine in to the APS system. The utility savings offset the expenditure of the generation system. Normally, firms have actually a credit score reason that makes it challenging for some homeowners to qualify for the systems.

Eric covers economic development, banking and finance, infrastructure, transportation and utilities.



What are you doing tonight? Meet me downtown


Getting involved in the Monday night Phoenix FitPhoenix event are Mayor Greg Stanton, former Olympian Misty Hyman, and Phoenix Councilman Daniel Valenzuela.








What are you performing after job tonight?

A brand-new event, called Comply with Me Downtown, is kicking off tonight at CityScape in downtown Phoenix in an initiative to Grab office workers from their chairs and moving.

Attendees can easily walk a 3.3-mile road meandering through downtown Phoenix while all of you a lot more exuberant runners can easily join in a 5-mile run.

Sponsored by Blue Cross Blue Shield of Arizona, the event will certainly be readily available every Monday night. Next Monday, Nov. 17, BCBSAZ will certainly supply a good health reasonable at CityScape.

Jeff Stelnik, vice president of strategy, sales and marketing for BCBSAZ, said the event not just targets the firm community however additionally families that wish to mingle along with others while Obtaining some exercise.

“Residents will certainly have actually the possibility to interact along with downtown businesses while Obtaining fit,” he said. “We are excited to be the title sponsor.”

The Nov. 17 event will certainly feature free good health screenings, chair massages and guide regarding open enrollment.

Participants will certainly Grab discounts to neighborhood businesses each night, he said.

The event begins at The Corner restaurant at CityScape. Phoenix Councilman Daniel Valenzuela said he’ll be there for the kickoff.

“The objective is to urge people to live healthier, safer lives,” he said. “We want the city of Phoenix to be just one of the healthiest cities in the country. While we keep on to make progress, there’s truly no requirement why we can’t be the healthiest city Phoenix can easily be every day.”

Valenzuela said this brand-new event is Section of the city’s FitPHX program.

Operating partners are Downtown Phoenix Inc., CityScape Phoenix, the Corner restaurant, Sole Sports Operating Zone, the Phoenix Parks Foundation and Comply with Me Concepts.

Angela Gonzales covers health, biotech and education.




Smoothie Factory inks deal for 7 new Arizona stores


Seven brand-new spots of Smoothie Factory Juice Bar are on their method across Arizona.

The Dallas-based juice bar chain has actually inked a deal along with existing franchisee John Wilfert to open extra spots across the Grand Gulch State.

Wilfert operates a Smoothie Factory in Tucson, and the very first of his seven brand-new ones additionally will certainly open there at University of Arizona in December. Personal web sites for the extra stores have actually not yet been determined.

John has actually an impressive partnership along with his employees and along with die-tough Smoothie Factory customers in Tucson that just wish the best smoothies and freshest juices along with the healthiest ingredients,” said Miguel Foegal, president of Smoothie Factory Juice Bar. “This is a market that knows and needs a top quality product, and that’s specifically exactly what separates Smoothie Factory from the field. We are very excited to observe John plant the brand to multiple spots in Tucson and throughout Arizona.”

Smoothie Factory’s franchise fee ranges from $15,000 to $25,000, according to Entrepreneur.com. A franchise additionally comes along with a 6 percent royalty fee. Overall investment to open a Smoothie Factory ranges from $146,100 to $371,300.

The brand-new deal in Arizona is section of an aggressive expansion strategy for Smoothie Factory. The chain desires to double its existing chain of 36 next year.



Avnet approves $250 million stock repurchase


Avnet Inc., a Phoenix-based electronics distributor, announced today its board of directors approved one more $250 thousand for usage in the company’s stock repurchase program.

The board additionally declared a 16-cent normal quarterly your hard earned cash dividend. The dividend will certainly be paid on Dec. 15 to shareholders on tape-record by Dec. 2.

Avnet (NYSE: AVT) has actually approved $1 billion for its discuss repurchase routine because August 2011 along with the addition of this incremental $250 thousand stock repurchase authorization.

The firm has actually gotten $630 thousand of shares and will certainly now have actually $370 thousand remaining in current authorization as of Nov. 6.

“This boost in our discuss repurchase authorization, combined along with the recent boost in our annual dividend to 64 cents each share, reflects our ongoing commitment to a steady capital allocation method that balances returning your hard earned cash to shareholders along with investing for profitable growth,” Avnet CEO Rick Hamada said. “Going forward, we will certainly leverage our durable economic placement and execute on our development initiatives to raise long term shareholder value creation.”

Last month, Avnet mentioned an 8 percent increase in first-quarter revenue.

Hayley Ringle covers technology and startups for the Phoenix Firm Journal.



How to be a bold business leader


To begin something new, begin something new. Appears simple. Yet, why do so lots of leaders and others fall short to initiate brand-new actions in our ASAP company world? Learn exactly how to avoid waiting and begin moving.

Organizations can easily be topped out along with wonderful visions, missions, values, intentions, goals, and plans. But, until action is initiated every little thing else is nothing However smoke.

What holds us back?

Fear is usually the parking brake on the initial step toward success. Human behavior experts have actually provided us essential reasons for why we freeze rather than taking action:

Fear of failure– several of us don’t act due to the fact that we do not wish to be blamed for something that does not job out as expected.

Fear of success– if we feel unworthy or undeserving, after that staying behind is safer compared to being recognized as a hero.

Fear of uncertainty– if we cannot be certain of Just what will certainly happen, we will certainly not take the risk of beginning.

Fear of change– oh yes, “we don’t already know exactly how to do this,” or “we have actually never ever done this before,” or “it won’t make any kind of difference” – ergo, it is safer to remain put.

Fear of imperfection– if we lack some small resource, we constantly play out the game of “not prepared yet,” However the competitive clock is running.

These debilitating anxieties close the gates of opportunity and shut out the excitement of achieving greatness.

How can easily we bypass fear and get hold of moving?

Quotes regarding taking action in spite of fear, include: “The only thing we have actually to fear is fear itself.” – Franklin D. Roosevelt; “Jump, and you will certainly locate out exactly how to unfold your wings as you fall.” – Ray Bradbury; “Whatever you can easily do, or dream you can, start it. Boldness has actually genius, power, and magic in it.” – W. H. Murray.

Tom Zender is a Phoenix-based professional company mentor. He held leadership roles at General Electric and Honeywell. Zender likewise is the author of two manuals regarding company ethics. He mentors students at Arizona State University’s SkySong company incubator, and is a member of Eliances, where entrepreneurs connect along with company leaders. Reach him or her at 949-910-5075, tomzender@me.com or www.tomzendermentor.com