Business mix
- The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities.
- Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables.
- The company also owns and maintains substations, including transmission and distribution yards; and owns energy storage facilities.
- Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Current key questions
- Can rate-base growth, allowed returns, and demand support earnings in utilities - regulated electric?
- How do regulation, fuel costs, interest rates, and capital spending affect customer bills and returns?
- Does the balance sheet support required infrastructure investment and dividends?
