Pinnacle West Capital : September Investor Meetings
PNW
Renewed, Reliable and Resilient
September Investor Meetings
Table of Contents
Company Profile
Arizona's Largest Electric Company
Service Territory
Key Facts as of Dec. 31, 2023
Consolidated assets
$25B
Market cap
$8.15B
Generating capacity owned or leased
6.5GW
(year end)
Customers
1.4M
Current % from clean energy
51%
Total Revenue Mix
51%/49%
(Non-Residential & Other/Residential)
5
Accomplished Previous Goals
Accomplished previous goals set during the financial reset
7
The 2022 rate case outcome was reasonable and constructive
Key Components of Final Decision
Return on Equity
9.55%
Fair Value Increment
0.25%
Equity Ratio
51.93%
Post Test-Year Plant
12 months + Four Corners
ELG
New Capital Tracking
System Reliability Benefit
Mechanism
surcharge approved
• Partial transfer of LFCR
Existing Adjustors
funds to base rates
•
PSA annual cap increase
approved
Total Base Rate Increase
$491.7M
Total Net Increase
$253.4M
Customer Net Impact on Day 1
8%
8
Growth Outlook &
Energy Future
We are focused on solid execution and are optimistic for the future
KEY REASONS
10
Disclaimer
Pinnacle West Capital Corporation published this content on 04 September 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on September 03, 2024 at 20:14:34 UTC.