Pinnacle West Capital's Corporate Customers have recorded a surge in their cost of revenue by 341.96 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 226.6 %. During the corresponding time, Pinnacle West Capital Corporation recorded a revenue increase by 11.36 % year on year, sequentially revenue grew by 1.9 %. While revenue at the Pinnacle West Capital Corporation's corporate clients recorded rose by 378.91 % year on year, sequentially revenue grew by 301.8 %.
Pinnacle West Capital's Customers have recorded a surge in their cost of revenue by 341.96 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 226.6 %, for the same period Pinnacle West Capital Corporation recorded revenue increase by 11.36 % year on year, sequentially revenue grew by 1.9 %.
Pinnacle West Capital's Comment on Sales, Marketing and Customers
Arizona Public Service Company (APS) provides electric service to approximately 1.4 million customers primarily in Arizona. APS owns or leases 6,257 MW of regulated generation capacity and maintains a portfolio of long-term and short-term power purchase agreements for additional capacity. In 2025, no single purchaser or user accounted for more than 1.9% of APS's electric revenues. The company serves Native Load customers using a diverse energy mix that includes biomass, biogas, coal, energy storage, geothermal, natural gas, solar, wind, nuclear, renewables, and demand-side management. APS sourced approximately 58% of its energy from clean resources in 2025 and has set a goal to achieve carbon neutrality by 2050. The company regularly issues competitive bid solicitations (ASRFP) for various resource types, including both customer-scale and utility-scale projects. APS prioritizes reliable and affordable service, aiming for top quartile reliability and enhancing infrastructure resiliency through wildfire safety and fire mitigation initiatives.
Pinnacle West Capital’s Comment on Sales, Marketing and Customers
Arizona Public Service Company (APS) provides electric service to approximately 1.4 million customers primarily in Arizona. APS owns or leases 6,257 MW of regulated generation capacity and maintains a portfolio of long-term and short-term power purchase agreements for additional capacity. In 2025, no single purchaser or user accounted for more than 1.9% of APS's electric revenues. The company serves Native Load customers using a diverse energy mix that includes biomass, biogas, coal, energy storage, geothermal, natural gas, solar, wind, nuclear, renewables, and demand-side management. APS sourced approximately 58% of its energy from clean resources in 2025 and has set a goal to achieve carbon neutrality by 2050. The company regularly issues competitive bid solicitations (ASRFP) for various resource types, including both customer-scale and utility-scale projects. APS prioritizes reliable and affordable service, aiming for top quartile reliability and enhancing infrastructure resiliency through wildfire safety and fire mitigation initiatives.
Sources:
Pinnacle West Capital Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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