8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported): September 22, 2020

Commission File Number 1-5924

TUCSON ELECTRIC POWER COMPANY

(Exact name of registrant as specified in its charter)

Arizona	86-0062700
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

88 East Broadway Boulevard, Tucson, AZ 85701

(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code: (520) 571-4000

Former name, former address and former fiscal year, if changed since last report: N/A

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On September 22, 2020, UNS Energy Corporation's (UNS Energy) Board of Directors named Susan M. Gray President and Chief Executive Officer of UNS Energy and its subsidiaries, including Tucson Electric Power Company and UniSource Energy Services, Inc., effective January 1, 2021.

In addition, David G. Hutchens has been appointed President and Chief Executive Officer of Fortis Inc., UNS Energy's parent company, effective January 1, 2021.

On September 23, 2020, UNS Energy issued a press release describing the changes to the executive officer team, a copy of which is included as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit	Description
99.1	UNS Energy press release dated September 23, 2020
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
	TUCSON ELECTRIC POWER COMPANY
	(Registrant)
Date: September 25, 2020	/s/ Frank P. Marino
	Frank P. Marino
	Sr. Vice President and Chief Financial Officer
	(On behalf of the registrant and as Principal Financial Officer)

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE                              September 23, 2020

Media Contact: Joseph Barrios, (520) 884-3725                 

Susan M. Gray Named Chief Executive Officer of UNS Energy

Tucson, Ariz. – UNS Energy’s Board of Directors has named Susan M. Gray as Chief Executive Officer of UNS Energy and its subsidiaries, including Tucson Electric Power (TEP) and UniSource Energy Services, effective Jan. 1, 2021.

Gray, currently the company’s President and Chief Operating Officer, will succeed CEO David G. Hutchens, who has been named as the next President and Chief Executive Officer of Fortis Inc., UNS Energy’s parent company, effective Jan. 1, 2021. Hutchens, currently Chief Operating Officer of Fortis, will succeed CEO Barry Perry, who has announced his plan to retire at the end of this year.

“Susan has displayed leadership, vision and a drive for excellence at every level of this organization, helping us achieve new benchmarks in safety, reliability and customer satisfaction,” said Robert A. Elliott, UNS Energy Board Chair. “She’s the obvious choice to lead us into a new era of service to our customers and our communities.”

Gray, 47, began her TEP career 26 years ago as a student intern. She was hired as a system engineer in 1997 and advanced through several engineering and leadership roles before being named Vice President of Energy Delivery in 2015. She was promoted to Senior Vice President in 2018 and became President and Chief Operating Officer this year.

“It’s a great privilege to lead a company that means so much to so many people,” Gray said. “Our employees are incredibly dedicated to providing safe, reliable service for our customers and supporting our communities as we invest in new energy technologies and build a cleaner, greener grid.”

Gray will continue as President and will join the UNS Energy Board of Directors when she takes over as CEO. She will be the first woman to lead the company and has championed efforts to promote women’s engagement and achievement in the traditionally male-dominated utility industry.

“Susan is an inclusive, collaborative leader who produces amazing results by tapping into the talents of every member of the team,” Hutchens said. “She knows and understands our company, people and culture and is well-prepared to execute our aggressive transition to cleaner energy.”

TEP plans to provide 70 percent of its power from wind and solar resources by 2035 while reducing carbon emissions 80 percent, the level needed to support worldwide efforts to limit global warming under the Paris Agreement on climate change. “Our plan provides a path to a sustainable energy future that doesn’t compromise on reliability or affordability,” Gray said.

Gray is a University of Arizona alumnus and an enthusiastic Arizona Wildcat fan. She earned a bachelor’s degree in electrical engineering and an MBA from the school and serves on advisory boards for the UA’s Eller Graduate School of Management and College of Engineering. Gray also serves on the board of the Boys and Girls Clubs of Southern Arizona and is a member of the Southern Arizona Leadership Council.

1

UNS Energy Corporation is the Tucson, Arizona-based parent company of Tucson Electric Power, which serves more than 432,000 customers in Southern Arizona, and UniSource Energy Services, provider of natural gas and electric service for about 256,000 customers in Northern and southern Arizona. For more details, visit uns.com.

2

XML

Cover Page	Sep. 22, 2020
Cover [Abstract]
Document Type	8-K
Document Period End Date	Sep. 22, 2020
Entity Registrant Name	TUCSON ELECTRIC POWER CO
Entity Incorporation, State or Country Code	AZ
Entity File Number	1-5924
Entity Tax Identification Number	86-0062700
Entity Address, Address Line One	88 East Broadway Boulevard
Entity Address, City or Town	Tucson
Entity Address, State or Province	AZ
Entity Address, Postal Zip Code	85701
City Area Code	520
Local Phone Number	571-4000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Entity Central Index Key	0000100122
Amendment Flag	false