What are Pinnacle West Capital's Business Segments?
We have three principal business segments (determined by products, services and
the regulatory environment):
our regulated electricity segment, which consists of traditional regulated
retail and wholesale electricity businesses and related activities and includes
electricity generation, transmission and distribution;
our marketing and trading segment, which consists of our competitive energy
business activities, including wholesale marketing and trading and APS Energy
Services’ commodity-related energy services. In early 2003, we moved our marketing
and trading activities to APS from Pinnacle West (existing wholesale contracts
remained at Pinnacle West) as a result of the ACC’s Track A Order prohibiting
the previously required transfer of APS’ generating assets to Pinnacle West
Energy; and
our real estate segment, which consists of SunCor’s real estate development
and investment activities.
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