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Overview
Pinnacle West Capital is a public utility holding company based in Phoenix, Arizona. It was founded in 1920 as Arizona Power Company and changed its name to Pinnacle West Capital in 1985. The company provides electricity and related products and services to over 1.2 million customers in Arizona through its subsidiaries Arizona Public Service (APS) and Bright Canyon Energy. Pinnacle West Capital is a Fortune 500 company and is one of the largest electric utilities in the United States. It owns and operates power plants fueled by coal, nuclear, and natural gas, as well as renewable energy facilities such as solar and wind. In addition to providing electricity, Pinnacle West Capital and its subsidiaries are committed to supporting the communities they serve through various philanthropic and volunteer efforts. The company has a strong focus on sustainability and is working towards a clean energy future by investing in renewable resources and energy efficiency programs. Pinnacle West Capital is led by a Board of Directors and executive team, with Robert G. Bement currently serving as the company's Chairman, President, and CEO. Overall, Pinnacle West Capital is a leader in the energy industry and strives to provide reliable, affordable, and sustainable energy to its customers in Arizona.
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