APS Subsidiary Of Pinnacle West Capital Files The 2023 APS Integrated Resource Plan To Meet Arizona's Soaring Energy Demand
Portfolio Pulse from Benzinga Newsdesk
Pinnacle West Capital's subsidiary, APS, has filed the 2023 APS Integrated Resource Plan (IRP) at the Arizona Corporation Commission. The IRP provides a 15-year outlook on electricity needs of APS customers and necessary investments to meet those needs, considering the unprecedented growth of people and businesses moving to Arizona.
November 02, 2023 | 6:47 am
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Pinnacle West Capital's strategic planning through its subsidiary APS for Arizona's growing energy demand could potentially boost its long-term performance.
The filing of the 2023 APS Integrated Resource Plan indicates Pinnacle West Capital's proactive approach to meeting the growing energy demand in Arizona. This strategic planning could potentially attract more customers and increase revenues, positively impacting the company's stock in the long term.
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