In 2004, the Palo Verde Nuclear Generating Station marked its 13th consecutive year as the nation’s largest power producer of any kind.

Accomplishments

• In 2004, our company reduced our number of preventable recordable injuries, breaking the previous record low and setting a new safety performance standard.
• In the last 20 years, our West Phoenix, Ocotillo and Yucca Power Plants have zero combined lost-time accidents.
• SunCor, our real estate development company, produced significant earnings again this year – contributing $45 million to the bottom line.
• For the third time in as many studies, we earned the top rating – AAA – from Innovest Strategic Value Advisors, for our environmental performance.
• In 2004, Innovest Strategic Advisors also ranked Pinnacle West as the top utility in its Intangible Value Assessment (IVA). The IVA is designed to uncover investment value potential by measuring companies in areas such as corporate governance, community outreach, labor relations and regulatory relations.
  

In 2004, APS continued to work hard to improve Arizona's electric infrastructure and keep up with its rapid growth by adding more than 900 miles of transmission and distribution wires. If laid from end to end, the wire would stretch from Phoenix to Denver.