
Pinnacle West Capital Corporation
Pinnacle West Capital Corporation is a utility holding company based in Arizona, primarily managing Arizona Public Service (APS), which provides electricity to most of the state. It oversees the generation, transmission, and distribution of electricity, ensuring reliable power supply for homes and businesses. The company focuses on maintaining infrastructure, investing in renewable energy, and implementing sustainable practices. As a regulated utility, its revenues are primarily earned through customer rates approved by public utility commissions, allowing it to deliver essential services while aiming for operational efficiency and environmental responsibility.