January 21, 2017 6:22 PM 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 6,070 pole miles of overhead lines and approximately 49 miles of underground lines; and distribution facilities comprise approximately 11,077 miles of overhead lines and approximately 18,071 miles of underground primary cable. The company owns or leases approximately 6,186 megawatts of regulated generation capacity, as well as purchases electricity. It serves approximately 1.2 million customers. The...

400 North Fifth Street

PO Box 53999

Phoenix, AZ 85072

United States

Founded in 1920

6,309 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: 61
Chief Financial Officer and Executive Vice President
Age: 58
Chief Operating Officer and Executive Vice President
Age: 60
Chief Accounting Officer, Vice President and Controller
Age: 60
Executive Vice President and General Counsel
Age: 63
Compensation as of Fiscal Year 2016.

Arizona Public Service Co. Key Developments

Arizona Public Service Co. Presents at 15th Annual Utility Supply Chain Management Conference, Jan-17-2017 01:45 PM

Arizona Public Service Co. Presents at 15th Annual Utility Supply Chain Management Conference, Jan-17-2017 01:45 PM. Venue: Hotel del Coronado, 1500 Orange Avenue, Coronado, CA 92118, United States. Speakers: Zachary Fryer, Director of Materials Management.

Arizona Public Service and AES Energy Storage Bring Energy Storage to Arizona Customers

Arizona Public Service (APS) is bringing battery-based energy storage to the desert through a 4 megawatt (MW) energy storage agreement with AES Energy Storage which will provide enough storage capacity to power 1,000 homes. The pair of 2-MW AES Advancion energy storage arrays will be deployed as part of the APS Solar Partner Program (SPP), and represent AES' first installation in Arizona. The two Advancion battery arrays will be installed in Surprise and Buckeye, which have a total of 120 SPP customers and a high penetration of solar. The batteries will deliver energy to customers at the time of day when electricity is in demand and expensive. By bringing energy storage to these areas, APS can maintain reliable service for solar customers, even when the sun is down and solar panels are no longer producing power.

Commission Approves Electrical Services Agreement for Aligned Data Centers, LLC

The Arizona Corporation Commission approved a service agreement for Arizona Public Service Company (APS) to provide electric services to Aligned Data Centers LLC at a reduced rate, in a move to improve Arizona's economy and encourage growth. The agreement allows Aligned LLC, a high load factor customer, to pay less for energy without a burden to other customers. The Commission approved similar agreements with eBay in June of 2015, and with IOData LLC in December of 2014. High load factor customers are cheaper to serve because their electricity usage stays at a near constant level. Aligned Data Centers LLC is constructing a $600 million new data center in North Phoenix at Interstate 17 and Union Hills Road and anticipates a high load factor. The data center will provide construction jobs starting late this year and permanent jobs once operational. Additionally, Aligned LLC will pay property and other taxes. Aligned LLC and APS are also sharing the costs of a micro-grid project at that location that will be used for backup power for Aligned and support for APS customers in a power service disruption.

Similar Private Companies By Industry

Company Name Region
3 Phases Renewables, LLC United States
Abacus Resources Energy, LLC United States
Access Energy, LLC United States
Adams Electric Cooperative, Inc. United States
Adams-Columbia Electric Cooperative United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Arizona Public Service Co., please visit www.aps.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.