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Note: The "blinking light messages" in this Annual Report are based on an eight-hour day, 365 days a year, and the light is set to blink every four seconds. For example, in 2005 our company will spend about $300 million to enhance Arizona's electric infrastructure and prepare for growth. This computes to roughly $822,000 per day, and using an eight-hour day, a little over $100 every four seconds.
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