The gals down at the Prescott Valley Nursery assure me that's the correct name for this plant. Although it also is known as a torch lily or a tritoma. Technically it is a Kniphofia. It was named after Johann Hieronymus Kniphof, an 18th Century German physician and botanist. Don't think he ever made it to Arizona but his plant did.
The blossom only lasts for a few days but the lower part is an evergreen and stays year-round.
And that's your botany lesson for today.