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Pinnacle West Capital Corporation (PNW) provides essential energy services to Arizona through its regulated utility operations and diversified investments. This news hub offers investors and stakeholders centralized access to official announcements, financial disclosures, and strategic developments from the parent company and its subsidiaries.
Track key updates including quarterly earnings reports, regulatory filings with state commissions, infrastructure investments, and clean energy initiatives. The curated collection features press releases on operational milestones, leadership changes, and service territory expansions alongside analysis of rate case decisions impacting Arizona consumers.
Discover timely information about APS's grid modernization efforts, renewable energy projects, and reliability improvements. Content spans financial performance metrics, dividend declarations, and capital expenditure plans while maintaining compliance with SEC disclosure standards.
Bookmark this page for direct access to primary source materials from one of the Southwest's most established energy providers. Check regularly for updates on nuclear facility operations, solar energy partnerships, and regulatory developments shaping Arizona's power landscape.
Pinnacle West Capital Corp. (NYSE: PNW) plans to release its third-quarter financial results for 2021 on November 5, 2021, prior to the U.S. market opening. A live webcast and conference call will occur that same day at noon ET to discuss these results and recent developments. The company, based in Phoenix, holds approximately $21 billion in consolidated assets and has about 6,300 megawatts of generating capacity, serving over 1.3 million customers in Arizona through its subsidiary, Arizona Public Service.
Pinnacle West Capital Corp. (NYSE: PNW) reported a consolidated net income of $215.7 million, or $1.91 per diluted share, for Q2 2021, compared to $193.6 million or $1.71 per share in Q2 2020. The 7.6% revenue increase, totaling $70.7 million, was driven by a 2.3% customer growth and increased retail sales. Record temperatures contributed to higher energy consumption. Residential sales rose 1.3% while commercial and industrial sales surged 10.3%. The company maintains a seasonal hold on residential disconnections until October 15, 2021.
Pinnacle West Capital Corp. (NYSE: PNW) will release its Q2 2021 financial results on Aug. 5, 2021, prior to market opening. A live webcast and conference call will be held the same day at noon ET to discuss results and developments. Pinnacle West, based in Phoenix, manages approximately $20 billion in assets and 6,300 megawatts of generating capacity, serving over 1.3 million customers through Arizona Public Service. More details and access links for the call are available on their official website.
Arizona Public Service Co. (APS) has launched a Distributed Demand-side Resources (DDSR) Request for Proposals (RFP) to enhance customer energy efficiency programs. This initiative aims to procure aggregated clean energy resources between 5-40 megawatts and support various technologies like energy storage and smart thermostats. APS is focusing on delivering a high-quality customer experience while working towards a 100% carbon-free energy mix by 2050. The RFP is open for projects beginning service between June 1, 2022, and June 1, 2024.
Pinnacle West Capital Corporation (NYSE: PNW) has announced a quarterly dividend of $0.83 per share, payable on September 1, 2021, to shareholders of record on August 2, 2021. The company, an energy holding firm based in Phoenix, boasts consolidated assets of approximately $20 billion, with around 6,300 megawatts of generating capacity and over 6,000 employees serving more than 1.3 million customers in Arizona and New Mexico through its subsidiary, Arizona Public Service.
Pinnacle West Capital Corp. (NYSE: PNW) reported a consolidated net income of $35.6 million, or $0.32 per diluted share for Q1 2021, an increase from $30.0 million or $0.27 per diluted share in Q1 2020. The positive results were driven by favorable weather, higher transmission revenues, and increased pension credits, offsetting moderate growth in operation expenses. The company anticipates a peak demand of 7,521 megawatts this summer, lower than last year’s record but higher than 2019, and is proactively preparing for the summer season to ensure reliable power delivery.
Arizona Public Service Co. (APS) is expanding its solar energy initiatives by adding an all-source request for proposals (RFP), originally issued in December 2020. The new addendum aims to procure an additional 100-150 MW of photovoltaic solar capacity on APS-owned land, contributing to the company's goal for a carbon-free power mix by 2050. APS plans to obtain 600-800 MW of renewable resources and 400-600 MW of capacity resources, with proposals expected to be operational in 2023 and 2024. The RFP process will be monitored by a third-party independent entity.
Pinnacle West Capital Corporation (NYSE: PNW) announced a quarterly dividend of $0.83 per share, payable on June 1, 2021, to shareholders of record as of May 3, 2021. The company also plans to release its 2021 first-quarter results on May 5, 2021, before market opening. A live webcast and conference call will be held that day at noon ET to discuss results and recent developments. Pinnacle West, based in Phoenix, has approximately $20 billion in assets and provides retail electricity to over 1.3 million customers in Arizona.
Pinnacle West Capital Corp. (NYSE: PNW) is set to announce its 2021 first-quarter financial results on May 5, 2021, before U.S. markets open. A live webcast and conference call will follow the announcement at noon ET to discuss the results and recent developments. The company, based in Phoenix, has approximately $20 billion in consolidated assets, around 6,300 megawatts of generating capacity, and services over 1.3 million Arizona homes and businesses through its subsidiary, Arizona Public Service.
Arizona Public Service Co. (APS) announced an agreement among owners of the Four Corners Power Plant to initiate seasonal operations starting fall 2023, pending approvals. This move coincides with PNM's planned transfer of ownership to NTEC in 2024. Seasonal operations are projected to cut annual carbon emissions by 20-25%, aiding APS's goal of achieving 100% clean energy by 2050. The plant will operate one unit from June to October, meeting high seasonal demand, while the second unit operates year-round. There will be no layoffs as part of this transition.
