APS Asking Corporation Commission to Approve More Savings for Customers
Pinnacle West Capital Corporation (PNW)
Last pinnacle west capital corporation earnings: 2/21 08:40 am
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Source: Business Wire
Federal tax reform to deliver more than $100 a year in total savings for average electricity user PHOENIX--(BUSINESS WIRE)-- APS is seeking Arizona Corporation Commission approval to once again lower customer rates as a result of federal tax reform. This request will be the final of three adjustments related to federal corporate tax cuts. Once approved, this latest reduction will bring the overall savings from the tax expense adjustor to nearly $9 per month, or $108 a year, for a customer using the average amount of electricity. Customers started receiving these tax savings in March 2018, and a second wave took effect beginning with their bills in April 2019. The savings will vary based on actual usage and appear on monthly bills as a line item called “Tax Expense Adjustor.” Additional savings from lower APS operating costs and an innovative energy trading program, combined with the tax reform re
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News
- Reasons to Add Pinnacle West Capital (PNW) to Your Portfolio Now [Yahoo! Finance]Yahoo! Finance
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- With 89% ownership, Pinnacle West Capital Corporation (NYSE:PNW) boasts of strong institutional backing [Yahoo! Finance]Yahoo! Finance
- Pinnacle West Capital Co. (NYSE: PNW) had its price target raised by analysts at Barclays PLC from $75.00 to $76.00. They now have an "overweight" rating on the stock.MarketBeat
- PNW vs. NEE: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
PNW
Earnings
- 2/27/24 - Beat
PNW
Sec Filings
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- 3/20/24 - Form 4/A
- PNW's page on the SEC website