Pinnacle West Capital Corporation
PNW Stock Nov 20, 2008 at 09:42 ET 27.80  -0.64   
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Report Introduction
Chairman's Letter
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2007 Annual Report


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Report Introduction
 
That’s the relentless pace of Arizona’s growth – and it’s our job to power it. It’s a job we take very seriously, every minute of every day. 
Our company will continue to keep the lights on for our customers. Just as we have for the last 118 years.

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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Corporate Headquarters:  400 North 5th Street, Phoenix, AZ 85004   (602) 250-1000   (800) 824-8101