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<ref name="seekalpha">[http://seekingalpha.com/article/20935-pinnacle-west-the-peak-of-the-energy-pyramid Pinnacle West: The Peak of the Energy Pyramid], SeekingAlpha.com, By Ted Allrich, posted on: November 20, 2006</ref>
The utility company also operates three nuclear reactors. Its Palo Verde Nuclear Generating Station in Arizona is the largest nuclear plant in the U.S$71,000 was given to House Democrats and $40,500 to House Republicans.Senate Democrats received $12,500 and Senate Republicans $66, came under scrutiny by the Nuclear Regulatory Commission in 2005 when operational problems began to cause prolonged outages000.<ref name>Center for Responsive Politics, [http://www.opensecrets.org/pacs/pacgot.php?cycle=2010&cmte=C00015933 Pinnacle West Capital Contributions 2010], "seekalphaOpen Secrets.gov"</ref>Pinnacle West donated $59,000 to Republican candidate's PACs, and $17,500 to Democrat's PACs; a full list of PAC recipients can be viewed [http://www.opensecrets.org/pacs/pac2pac.php?cycle=2010&cmte=C00015933 HERE].
Pinnacle West Capital was previously called AZP Group, when Arizona Public Service reorganized as that holding company in 1985.== Nuclear Plants ==
APS is regulated The utility company also operates three nuclear reactors. Its Palo Verde Nuclear Generating Station in Arizona, the largest nuclear plant in the U.S., came under scrutiny by the Arizona Corporation Nuclear Regulatory Commission in 2005 when operational problems began to cause prolonged outages. "They have had a problem with human performance, and in properly identifying problems and finding resolution" over the past few years, said Nuclear Regulatory Commission (ACC)spokesman Victor Dricks, referring to APS. While Dricks said the NRC may put Palo Verde on extra watch, the state agency that regulates all plant is not considered a danger to public safety.<ref name="seekalpha">[http://seekingalpha.com/article/20935-pinnacle-west-the-peak-of-the-energy utilities in Arizona-pyramid Pinnacle West: The Peak of the Energy Pyramid], SeekingAlpha.com, By Ted Allrich, posted on: November 20, 2006</ref>
SW: update
Pinnacle West's largest affiliate, [[Arizona Public Service Company]] is the operator and co-owner of the Palo Verde Nuclear Generating Station, is the second fastest growing electric utility in the U.S. over the last five years, and serves more than a million customers in 11 of Arizona’s 15 counties. Other affiliates include SunCor Development Company, a developer of residential, commercial and industrial real estate; APS Energy Services, a retail energy service provider; and El Dorado Investment Company, a venture capital and investment firm. <ref name= "about us"> </ref>
In 2010, Pinnacle West Capital had an operating revenue of $3.2 billion.<ref>[http://www.hoovers.com/company/Pinnacle_West_Capital_Corporation/rrrxxi-1-1njea5.html Pinnacle West Capital Financials], Hoovers, accessed July 10, 2011.</ref> Its CEO, Donald E. Brandt, received $5.65 million in total compensation in 2010. <ref> [http://people.forbes.com/profile/donald-e-brandt/63913 Donald E. Brandt profile], Forbes, accessed July 9, 2011. </ref>
== Ties to American Legislative Exchange Council ==
Pinnacle West is on the Private Enterprise Board of the right-wing, pro-corporate [[American Legislative Exchange Council]] (ALEC).
PInnacle West's Vice President of Government Affairs, Martin Shultz, represents the corporation as Co-Chair of [[ALEC]]'s Energy, Environment and Agriculture Task Force. <ref> [http://www.pinnaclewest.com/main/pnw/aboutus/profiles/shultz.html Martin L. Shultz profile], Pinnacle West website, accessed July 9, 2011. </ref><ref> [http://www.alec.org/Content/NavigationMenu/TaskForces/NaturalResources/default.htm Natural Resources Task Force], ALEC website, accessed July 9, 2011 (listing Martin Shultz as representing Pinnacle West). </ref> In other parts of the ALEC website, Shultz is listed as representing the law & lobbying firm [[Brownstein Hyatt Farber Schreck]]. <ref>[http://www.alec.org/AM/Template.cfm?Section=Natural_Resources1&Template=/CM/HTMLDisplay.cfm&ContentID=16108 Energy, Environment and Agriculture Task Force], ALEC website, accessed July 9, 2011 (listing Martin Shultz as representing [[Brownstein Hyatt Farber Schreck]]). </ref> Tom Moskitis of the [[American Gas Association]] and Representative David Wolkins (R-IN) are also chairsof the Task Force.
{{about_ALEC}}
==Political Contributions and Lobbying==
In 2010, Pinnacle West's PAC spent contributed $379,956 on to federal House and Senate legislatorscandidates or their PACs.<ref>[http://www.opensecrets.org/pacs/pacgot.php?cycle=2010&cmte=C00015933 Pinnacle West Capital Contributions], "Open Secrets.gov"</ref> $71,000 was given to House Democrats Their overall contributions were evenly split between Republicans and $40,500 to House Republicans. Senate Democrats received $12,500 and Senate Republicans $66,000.<ref>Center for Responsive Politics, [http://www.opensecrets.org/pacs/pacgot.php?cycle=2010&cmte=C00015933 Pinnacle West Capital 2010 ContributionsSummary], "Open Secrets.gov"</ref> You can see a list of PACs Pinnacle West donated to in 2010 [http://www.opensecrets.org/pacs/pac2pac.php?cycle=2010&cmte=C00015933 HERE]. In 2010, Pinnacle West spent $710,000 in [http://www.opensecrets.org/lobby/clientsum.php?id=D000000658&year=2010 lobbying expenditures]. You can see a full list of bills the company lobbied for in federal government [http://www.opensecrets.org/lobby/clientbills.php?id=D000000658&year=2010 HERE]. Pinnacle is one of the largest energy company contributors to both Republican and Democratic candidates for Congress. These contributions total $392,600 to the 110th US Congress (as of the third quarter), the largest of which has been to Rep. John Shadegg (R-AZ)for $15,800. Rep. Shadegg, for his part, has consistently voted with the coal industry on energy, war and climate bills.<ref>[http://www.followthecoalmoney.org], "Follow the Coal Money"</ref> Contributions like this from fossil fuel companies to members of Congress are often seen as a political barrier to pursuing clean energy. == About Pinnacle West == The holding company, Pinnacle West Capital, through its APS utility sells wholesale and retail power to the wider western United States and also provides energy-related services. Through another major subsidiary, Pinnacle West also develops and manages real estate in Arizona.<ref name="seekalpha"/>
In 2010, Pinnacle West spent $710,000 on [http://www.opensecrets.org/lobby/clientsum.php?id=D000000658&year=2010 lobbying]. A full list of federal bills the company lobbied on can be accessed [http://www.opensecrets.org/lobby/clientbills.php?id=D000000658&year=2010 HERE].
==Annual Revenue==
