Company Snapshot

Investment Thesis

Pinnacle West, parent of Arizona Public Service, delivers regulated electric service across Arizona. Constructive regulation, load growth, and clean energy investments underpin 5-7% EPS growth.

  • Population Growth: Arizona migration boosts electric demand.
  • Clean Energy: Solar, storage, and Palo Verde nuclear provide diverse supply.
  • Regulatory Reset: Improved ACC relationships after 2022 rate case.

Strategic Mix

Retail Electric Residential, commercial load
Generation Solar, gas, nuclear
Transmission & Distribution APS network
Customer Programs Energy efficiency, demand response, EV

Mix reflects APS's regulated revenue components.

Recent Performance

MTD TBD
QTD TBD
YTD TBD
5Y TBD

Maxim is cueing up returns data for this security. Once the nightly supported.csv job runs, these metrics will auto-populate.

Strategic Insights

Rate Base Growth

$20B+ capex plan drives ~6% rate base CAGR.

Clean Energy IRP

Procurements align with decarbonization goals.

Stakeholder Engagement

Improved collaboration lowers regulatory risk.

Latest Coverage

Curated headlines sourced from Maxim’s AI newsroom.

Loading latest coverage...