PNW · News · 20260808N

Regulated Capital Investment Plan

PINNACLE WEST CAPITAL CORP · 2026-08-08 · Importance 58 · Surprise 42 · In source text

Arizona Public Service projects approximately $10.35 billion of capital expenditures from 2025 through 2028. The program covers generation, transmission, and distribution infrastructure to support load growth and system reliability in Arizona. Pinnacle West also cited major transmission projects and a planned conversion of two retired Cholla coal units to natural gas by 2029.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositiveprobableAPS projects approximately $10.35 billion in capital expenditures from 2025-2028 for generation, transmission, and distribution.
cashnegativeprobableAPS projects approximately $10.35 billion in capital expenditures from 2025-2028 for generation, transmission, and distribution.