Form 8-K · Current report
Pinnacle West Capital 8-K, filed Nov 3, 2026
- Filed
- CIK
- 0000764622
- Accession no.
- 0000764622-26-000051
Summary
Pinnacle West Capital reported third-quarter 2026 consolidated net income attributable to common shareholders of $434.2 million, or $3.49 per diluted share, compared with $413.2 million, or $3.39 per diluted share, a year earlier, and raised its 2026 earnings guidance to $5.05–$5.25 per diluted share. Its subsidiary Arizona Public Service said its customers set an all-time peak demand record of 9,166 MW on Aug. 2, and it would provide more than $33 million in bill credits approved by the Arizona Corporation Commission.
Key points
- Pinnacle West attributed the year-over-year increase of about $21 million primarily to higher customer sales and usage, favorable weather effects, and customer growth, partly offset by higher depreciation, amortization, and interest charges.
- Arizona Public Service customers set an all-time peak demand record of 9,166 MW on Aug. 2, with demand exceeding 9,000 MW on three occasions during the quarter.
- APS filed an Integrated Resource Plan with the Arizona Corporation Commission and reiterated its Pledge for Responsible Energy Growth, under which new extra-large customers must fund the costs of serving their growth and will not be connected faster than the grid can reliably support.
- Effective November, APS is providing more than $33 million in bill credits approved by the ACC, expected to reduce a typical residential customer's November bill by about $14, plus $5 million in additional hardship assistance funded by Pinnacle West.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. The following information is furnished pursuant to Item 2.02. On November 3, 2026, Pinnacle West Capital Corporation (“Pinnacle West”) issued a press release regarding its financial results for the fiscal quarter ended September 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1. Item 7.01. Regulation FD Disclosure. The following information is furnished pursuant to Item 7.01. Pinnacle West is providing a copy of the slide presentation made in connection with the quarterly earnings conference call on November 3, 2026. …
An excerpt of the text as filed with the SEC, cut for length.
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