Pinnacle West Capital Corporation · NYSE:PNW

Pinnacle West Capital — Investor Presentation (April 2002)

7 slides from Pinnacle West Capital's investor presentation, Apr 22, 2002

  1. Slide 1: Retail Electricity Sales

    Last Updated 04/23/02 Retail Electricity Sales January 1999 - March 2002 GwH 3,000 2,500 2,000 1,500 1,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ~= 2002 +2001 ©2000 1999 rN

  2. Slide 2: Generating Plant Capacity Factors

    Generating Plant Capacity Factors January 1999 - March 2002 Last Updated 04/23/02 1999 2000 2001 —=-Nuclear Coal -* Gas/oil/Other 2002

  3. Slide 3: Average Generating Capacity Out of Service

    Last Updated 04/23/02 Average Generating Capacity Out of Service January 1999 - March 2002 Mv Per Day 800 700 600 500 400 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2002 2001 2000 1999

  4. Slide 4: Generation Fuel Costs

    Last Updated 04/23/02 Generation Fuel Costs January 1999 - March 2002 SMH Jan Feb Mar Apr May in Jul Aug Sep Oct-Nov Dec 2002 #2001 -*- 2000-1999

  5. Slide 5: Metropolitan Phoenix Area Cooling and Heating Degree Days

    Last Updated 04/23/02 Metropolitan Phoenix Area Cooling and Heating Degree Days January 1999 - March 2002 Degree Days 1,000 750 500 250 o+ 1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec = 2002 +2001 ©2000 1999 rN

  6. Slide 6: Metro Phoenix Building Permits vs. APS Retail Electricity Customer Growth

    Last Updated 04/23/02 Metro Phoenix Building Permits vs. APS Retail Electricity Customer Growth January 1999 - February 2002 25,000 5.0% 4.0% ior Year 3.0% 2.0% Custom 9% Change over 1.0% ° 0.0% 1999 2000 2001 2002 H=EBuilding Permits |= —-APS Customer Growth

  7. Slide 7: Arizona vs U.S. Payroll Job Growth

    Percent Change Arizona vs U.S. Payroll Job Growth January 1999 - February 2002 Last Updated 04/23/02 6% 4% 2% 0% 2)% 1999 2000 2001 ‘Arizona = + - US. 2002

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