Strong Customer Growth, Decarbonization Plumps Arizona Utility's Planned Capital Spend

SUGAR LAND, TEXAS--March 8--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Above-average customer growth, coupled with a commitment to decarbonize its electricity supply, has pushed up planned capital spending for Arizona Public Service Company (APS) (Phoenix, Arizona), the electric utility that is the principal subsidiary of Pinnacle West Capital Corporation (NYSE:PNW) (Phoenix, Arizona).