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Pinnacle West Reports 2023 Third-Quarter Results

Record-setting summer heat drives quarter-over-quarter earnings improvement

Operating performance, reliability remain strong for customers

APS recognized for distributed energy, safety and. ....

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Pinnacle West Capital : REPORTS 2023 THIRD-QUARTER RESULTS - Form 8-K -November 02, 2023 at 08:32 am EDT

PINNACLE WEST REPORTS 2023 THIRD-QUARTER RESULTS

•Record-setting summer heat drives quarter-over-quarter earnings improvement

. ....

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Smart thermostats are helping Arizona's grid ride out extreme heat

Amid soaring temperatures, Arizona has seen success with utility programs that incentivize people to turn down the AC when the power grid is stressed. ....

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Smart thermostats are helping Arizona's grid ride out brutal heat

In Arizona, utilities have used a counterintuitive tool to help keep the lights on despite the state's ongoing wave of historic heat — they've asked customers to turn their air conditioners down. In July and August, Arizona’s three biggest utilities were able to call on more than 100,000 customers to reduce their electricity use by a total of 276 megawatts during afternoon and evening hours when demand for power was at its peak. ....

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APS Witness: Utilities prioritize shareholder profits over customer-sided renewables

An expert witness for APS recently confirmed in a hearing that large utilities oppose customer-sided energy policies because they cut into shareholder profits. ....

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