Pinnacle West Capital Corp
Pinnacle West Capital Corp is an Arizona-based holding company of power companies. Established in 1985, the company provides electric and energy services to customers in Arizona through its subsidiaries—Arizona Public Service, Arizona Electric Power Cooperative, Inc., and UNS Energy Corporation. Pinnacle West’s three operating units provide electricity to more than 1 million residential accounts, over 200 municipalities, large commercial customers and businesses throughout the state. Additionally, it provides hot water and hot air systems management services. It employs almost 8,700 people across the U.S., primarily in Arizona where it has offices in Phoenix and Tucson. Pinnacle West reported total revenues of $5 billion for 2020 with net income of $804 million that same year. The company has a history of strong financial performance which has allowed it to return substantial amounts of capital to its shareholders through dividend payments over its 35 years as a publicly traded corporation on the New York Stock Exchange.
Industry
Offices of Other Holding Companies
Headquarters
PO BOX 53999, PHOENIX, AZ 850723999