Pinnacle West outlines 5%-7% growth outlook and $10.35 billion capital plan
Filed with the SEC on · Summarized by InvestorsBot
In investor meetings scheduled for October 2026, Pinnacle West said it expects long-term weather-normalized sales growth of 5%-7% through 2030 and long-term EPS growth of 5%-7% based on its original 2024 midpoint. The company projects $10.35 billion of APS capital spending from 2025 through 2028, excluding up to $440 million for the Cholla gas conversion, while its Arizona rate case seeks a $609 million net revenue increase; a final decision is estimated for December 2026.