Pinnacle West Capital Corporation (NYSE: PNW) is an investor owned electric utility holding company based in Phoenix, Arizona with consolidated assets of about $16 billion. For over 125 years, Pinnacle West and our affiliates have provided energy and energy-related products to people and businesses throughout Arizona -- our history and Arizona’s history are bound together.
Pinnacle West derives essentially all of our revenues and earnings from our wholly-owned subsidiary, Arizona Public Service (“APS”). APS is a vertically-integrated electric utility that provides either retail or wholesale electric service to most of the State of Arizona, 1.2 million customers in total. APS is also the operator and co-owner of the Palo Verde Nuclear Generating Station – a primary source of electricity for the Southwest. Pinnacle West’s other principal subsidiary is Bright Canyon Energy. More information about our subsidiaries can be found below.