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May 30, 2015 11:22 AM ET

Electric Utilities

Company Overview of Arizona Public Service Co.

Company Overview

Arizona Public Service Company, a vertically-integrated electric utility, provides retail and wholesale electric services in Arizona. The company has ownership interests in or leases the coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities consist of approximately 5,909 pole miles of overhead lines and approximately 49 miles of underground lines; and distribution facilities comprise approximately 11,071 miles of overhead lines and approximately 17,908 miles of underground primary cable. The company owns or leases approximately 6,426 megawatts of regulated generation capacity, as well as purchases renewable energy. It serves approximately 1.2 million customers...

400 North Fifth Street

PO Box 53999

Phoenix, AZ 85072

United States

Founded in 1920

6,279 Employees

Phone:

602-250-1000

Key Executives for Arizona Public Service Co.

Chairman, Chief Executive Officer, President, Chairman of Pinnacle West, Chief Executive Officer of Pinnacle West and President of Pinnacle West
Age: 59
Chief Financial Officer, Executive Vice President, Chief Financial Officer for Pinnacle West Capital Corp and Executive Vice President of Pinnacle West Capital Corp
Age: 56
Chief Operating Officer and Executive Vice President
Age: 58
Chief Accounting Officer, Vice President and Controller
Age: 58
Chief Information Officer and Vice President
Compensation as of Fiscal Year 2014.

Arizona Public Service Co. Key Developments

Arizona Public Service Co. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Arizona Public Service Co. reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported earnings of $20 million against $39 million a year ago. Earnings per share were $0.18 against $0.35 a year ago. Book value per share was $39.50 against $38.07 a year ago. For the year, the company reported earnings of $447 million against $459 million a year ago. Earnings per share were $4.02 against $4.14 a year ago. Book value per share was $39.50 against $38.07 a year ago.

Arizona Public Service Co. Announces Start of Operations of Gila Bend Solar Power Plant

Gila Bend Solar Power Plant, an Arizona Public Service Co. (APS) facility, is now in operation. Black & Veatch provided engineering, procurement and construction (EPC) for the plant. Construction was performed by Overland Contracting Inc. The Gila Bend Plant is the seventh in a series of projects designed to meet renewable energy goals set by APS' AZ Sun program. The 32-megawatt facility harnesses Arizona's vast solar resources to meet the energy needs of 8,000 homes and businesses in the area.

Arizona Public Service Co. Presents at U.S. Solar Market Insight Conference, Dec-09-2014 03:00 PM

Arizona Public Service Co. Presents at U.S. Solar Market Insight Conference, Dec-09-2014 03:00 PM. Venue: San Diego, California, United States. Speakers: Rex Stepp, Leader, APS Renewable Energy Program.

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Date
Target
Merger/Acquisition
February 19, 2015
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