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ARIZONA PUBLIC SERVICE CO 8K

0000764622-26-000040

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Pinnacle West used its Form 8-K earnings presentation on August 4, 2026 to report Q2 2026 results, reaffirm and detail 2026 EPS guidance and capital/financing plans, and update investors on APS’s major rate case and long-term growth and infrastructure strategy.

On August 4, 2026, Pinnacle West Capital Corporation, through an investor presentation furnished as an exhibit to its Form 8-K, reported its second-quarter 2026 financial results and updated its 2026 earnings guidance, outlining key drivers such as strong weather-normalized retail electricity sales growth (including contributions from new manufacturing and data center load), flat core operating and maintenance costs despite customer growth, and an EPS guidance range of $4.55 to $4.75. The company detailed a multiyear capital plan of approximately $10.35 billion at APS for 2025–2028 (excluding a potential $440 million Cholla gas conversion), highlighted increased rate base growth under ACC and FERC jurisdictions, and described an $8.0 billion 2026–2028 financing plan that includes $1.0–$1.2 billion in Pinnacle West equity and substantial debt issuance to support its capital structure and maintain investment-grade credit ratings. The presentation also updated investors on the pending 2025 APS rate case (Docket E-01345A-25-0105), including requested revenue increases, proposed Formula Rate Adjustment Mechanism (FRAM), and estimated customer bill impacts, and provided extensive detail on transmission expansion, new gas generation, Palo Verde investments, wildfire mitigation, and key regulatory timelines that collectively frame APS’s growth strategy and risk profile.

Filing Facts

CIK
7286
Ticker
-
Form
8K
Source Type
sec
Accession
0000764622-26-000040
Alert Tier
7
ARIZONA PUBLIC SERVICE CO 8K | ATTN