Pinnacle West outlines 5%-7% growth outlook and $10.35 billion capital plan
Filed with the SEC on · Summarized by InvestorsBot
In August 2026 investor meetings, Pinnacle West said it expects weather-normalized sales growth of 4%-6% in 2026 and 5%-7% through 2030, with long-term EPS growth of 5%-7% from its original 2024 midpoint. The company’s 2025-2028 capital plan totals about $10.35 billion, excluding up to $440 million for the Cholla gas conversion, while planned transmission investment exceeds $6 billion from 2026 through 2035. Arizona Public Service has requested a $609 million net revenue increase in its rate case, with a final decision estimated by December 2026.