On February 20, 2026, Arizona's public utility regulation came under intense scrutiny as consumers across the state faced skyrocketing electricity costs. The Arizona Corporation Commission, which regulates public utilities in the state, has been criticized for its lack of oversight and failure to protect consumers from monopoly power companies.In recent years, Arizona has seen a significant increase in the number of consumers experiencing financial hardships due to their electricity bills. The cost of electricity has risen by over 20% in the past two years alone, leading to widespread concerns about affordability and access to essential services.One of the main issues identified by consumer advocates is the lack of competition in Arizona's electricity market. The state is dominated by a few large power companies that have a near-monopoly on the market, leaving consumers with limited options and little bargaining power.Furthermore, the Arizona Corporation Commission has been accused of being too lenient on these power companies, allowing them to raise rates without proper justification. Critics argue that the Commission is failing in its duty to protect consumers and ensure fair and reasonable pricing for electricity.In response to mounting public pressure, the Arizona Corporation Commission has announced a series of hearings to review its regulations and investigate the causes of rising electricity costs. Consumer advocacy groups, lawmakers, and industry experts are expected to participate in these hearings to provide input and recommend solutions to address the current crisis.One potential solution that has been proposed is the introduction of more competition in Arizona's electricity market. Advocates argue that increased competition would lead to lower prices, better service quality, and more options for consumers. However, critics warn that deregulation could also lead to market instability and put vulnerable communities at risk.As the debate over Arizona's public utility regulation continues to unfold, consumers are urged to stay informed and engaged in the process. The outcome of these hearings could have a significant impact on the affordability and accessibility of electricity for all Arizonans in the years to come.