APS to Issue Resource RFPs

PHOENIX–(BUSINESS WIRE)–Arizona Public Service Company (APS) plans to issue multiple RFPs in the
next several months as part of a comprehensive effort to meet its
resource needs beginning in the early 2020s. APS will seek competitive
proposals for peaking-capacity needs, Arizona forest bioenergy
solutions, and battery retrofit opportunities for APS-owned solar
facilities. More specific information about each of the solicitations
will be released in the coming weeks.

APS
serves about 2.7 million people in 11 of ArizonaÔÇÖs 15 counties, and is
the SouthwestÔÇÖs foremost producer of clean, safe and reliable
electricity. Using a balanced energy mix that is nearly 50 percent
carbon-free, APS has one of the countryÔÇÖs cleanest energy portfolios,
including both Palo Verde Generating Station and renewable energy. The
company is also a proven leader in introducing technology and services
that offer customers choice and control over their energy consumption.
With headquarters in Phoenix, APS is the principal subsidiary of Pinnacle
West Capital Corp. (NYSE: PNW).

Contacts

APS
Media Contact:
Annie DeGraw, (602) 250-4370
or
Analyst
Contact:
Stefanie Layton, (602) 250-4541
Website: aps.com/newsroom