-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V6dyiZ+ds7Kq6mPGsrrLVrsNdOkRQZYV/RAo7XW+NEyEv5wQQwFi3PqtPpURo4IV YSz73O9XcFO0wmOVqQhXOA== 0000950153-06-000229.txt : 20060203 0000950153-06-000229.hdr.sgml : 20060203 20060203132630 ACCESSION NUMBER: 0000950153-06-000229 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060202 ITEM INFORMATION: Other Events FILED AS OF DATE: 20060203 DATE AS OF CHANGE: 20060203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARIZONA PUBLIC SERVICE CO CENTRAL INDEX KEY: 0000007286 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 860011170 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04473 FILM NUMBER: 06576790 BUSINESS ADDRESS: STREET 1: 400 N FIFTH ST STREET 2: P O BOX 53999 CITY: PHOENIX STATE: AZ ZIP: 85004 BUSINESS PHONE: 6022501000 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PINNACLE WEST CAPITAL CORP CENTRAL INDEX KEY: 0000764622 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 860512431 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08962 FILM NUMBER: 06576791 BUSINESS ADDRESS: STREET 1: 400 NORTH FIFTH STREET STREET 2: . CITY: PHOENIX STATE: AZ ZIP: 85004 BUSINESS PHONE: 6023792500 MAIL ADDRESS: STREET 1: 400 NORTH FIFTH STREET STREET 2: . CITY: PHOENIX STATE: AZ ZIP: 85004 FORMER COMPANY: FORMER CONFORMED NAME: AZP GROUP INC DATE OF NAME CHANGE: 19870506 8-K 1 p71823e8vk.htm 8-K e8vk
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 2, 2006
         
    Exact Name of Registrant as Specified in    
    Charter; State of Incorporation;   IRS Employer
Commission File Number   Address and Telephone Number   Identification Number
 
       
1-8962
  Pinnacle West Capital Corporation
(an Arizona corporation)
400 North Fifth Street, P.O. Box 53999
Phoenix, AZ 85072-3999 (602) 250-1000
  86-0512431
 
       
1-4473
  Arizona Public Service Company
(an Arizona corporation)
400 North Fifth Street, P.O. Box 53999
Phoenix, AZ 85072-3999 (602) 250-1000
  86-0011170
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
     o Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
     This combined Form 8-K is separately filed by Pinnacle West Capital Corporation and Arizona Public Service Company. Each registrant is filing on its own behalf all of the information contained in this Form 8-K that relates to such registrant and, where required, its subsidiaries. Except as stated in the preceding sentence, neither registrant is filing any information that does not relate to such registrant, and therefore makes no representation as to any such information.
 
 

 


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Item 8.01 Other Events
SIGNATURES


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Item 8.01 Other Events
Power Supply Adjustor Application for Surcharges
     On February 2, 2006, Arizona Public Service Company (“APS”) filed with the Arizona Corporation Commission (the “ACC”) an application for two separate surcharges under APS’ Power Supply Adjustor (“PSA”). The surcharges would recover the balance of $59.9 million in retail fuel and purchased power costs deferred by APS in 2005 under the PSA. As discussed in more detail below, the combined surcharges would represent a temporary rate increase of approximately 2.6% during the overlapping portion of the twelve-month recovery periods for the two surcharges. The other component of the 2005 PSA deferrals is being recovered under a PSA annual adjustor rate increase of approximately 5% that became effective February 1, 2006. See Item 8.01 of the Pinnacle West Capital Corporation (“Pinnacle West”)/APS Current Report on Form 8-K filed on January 26, 2006 for additional information about the PSA and the ACC’s approval of the annual adjustor rate.
     The first requested surcharge would recover approximately $15.3 million over a twelve-month period, representing a temporary rate increase of approximately .66%, proposed to begin with the date of the ACC’s decision in APS’ pending emergency interim rate case. Hearings on that rate case are scheduled to begin on March 20, 2006. See Item 8.01 of the Pinnacle West/APS Current Report on Form 8-K filed on January 9, 2006 for additional information about the emergency interim rate case.
     The second requested surcharge would recover approximately $44.6 million over a twelve-month period, representing a temporary rate increase of approximately 1.9%, proposed to begin no later than the ACC’s completion of its inquiry regarding the unplanned 2005 outages at the Palo Verde Nuclear Generating Station (“Palo Verde”). The $44.6 million of PSA deferrals represents replacement power costs associated with the additional unplanned outages at Palo Verde from April 1, 2005 (the effective date of the PSA) through December 31, 2005.

 


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SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  PINNACLE WEST CAPITAL CORPORATION
(Registrant)
 
 
Dated: February 3, 2006  By:   /s/ Barbara M. Gomez    
    Barbara M. Gomez   
    Vice President and Treasurer   
 
  ARIZONA PUBLIC SERVICE COMPANY
(Registrant)
 
 
Dated: February 3, 2006  By:   /s/ Barbara M. Gomez    
    Barbara M. Gomez   
    Vice President and Treasurer   
 

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