PNW · 8-K · 20260807PR000044
Data Center / Load Growth
PINNACLE WEST CAPITAL CORP · 2026-08-07 · Importance 67 · Surprise 76
Pinnacle West expects long-term weather-normalized sales growth of 5%-7% annually through 2030, raised from its prior 4%-6% range. Extra-high-load-factor commercial and industrial customers contributed to 13.6% C&I sales growth year to date in 2026, while 2026 sales growth guidance is 4%-6%. Large C&I customers are expected to account for 4%-6% of the 5%-7% long-term weather-normalized sales growth guidance. The company cites semiconductor manufacturing and other high-tech development in Arizona, including TSMC's announced $265 billion commitment, as regional demand drivers.