Summary
Pinnacle West is an electricity provider and has no natural gas operations. Through its state and federally regulated utility, Arizona Public Service (APS), the generation, transmission, wholesale activities and distributes electricity to 1.4 million customers in Arizona. The company has approximately 7 GW generating capacity, including operation and partially owned by the largest nuclear -generating factory in the US. The Palo Verde factory is outside of Phoenix and has approximately 4 GW -generating capacity. The 2024 generation mix of the company is approximately 36% nuclear, 32% coal, 28% natural gas, with the rest from renewable sources. Management has a goal of 2030 to reach a fuel mix that is 45% renewable and a goal of 100% clean energy generation by 2050.
All operational income 2024 were reported by APS