PINNACLE WEST CAPITAL CORP 8K

Pinnacle West/APS used a June investor deck to present its growth outlook, large capital and financing plans, and details of the pending 2025 APS rate case and proposed formula rate mechanism intended to support 5–7% EPS growth and manage regulatory lag.

Pinnacle West Capital Corporation, through its utility subsidiary Arizona Public Service (APS), furnished an investor presentation outlining a robust long‑term growth profile driven by strong customer and sales growth in its Arizona service territory, a large capital investment program in generation and transmission (including new gas capacity, incremental Palo Verde nuclear investment, and over $6 billion of planned transmission CapEx through 2035), and an updated 2025 APS rate case request seeking a $609 million net revenue increase and a 14.69% average customer bill impact, alongside proposals for a Formula Rate Adjustment Mechanism to reduce regulatory lag, maintain affordability, support a 5–7% EPS CAGR off the original 2024 midpoint, and preserve investment‑grade credit metrics with a balanced debt and equity financing plan through 2028.

Filing Facts

CIK

764622

Ticker

-

Form

8K

Source Type

sec

Accession

0000764622-26-000031

Alert Tier

5