APS Ranked One of Nation's Top 10 Solar Utilities

PHOENIX, Apr 19, 2012 -- BUSINESS WIRE

Arizona Public Service Company's efforts to increase the adoption of renewable energy continue to earn national recognition. APS was ranked third in the Annual Megawatts category and fourth in the Annual Watts Per Customer category -- both rankings the highest ever for the company -- in the 2011 Utility Solar Rankings announced on April 17 by the Solar Electric Power Association (SEPA).

With approximately 145 megawatts of solar energy added to its system in 2011, APS beat out more than 240 other utilities for the third place ranking.

"Last year was a banner year for renewable energy development at APS, we saw more customers install solar than in any prior year, and we brought 45 megawatts of APS-owned solar online through our AZ Sun Program," said Pat Dinkel, APS Vice President of Power Marketing, Resource Planning and Acquisition. "Renewable energy is good for our customers because it allows APS to invest in building a long-term diverse portfolio that takes into account affordability, dependability and sustainability."

APS's current renewable portfolio contains more than 900 megawatts of renewable energy, including projects online or under development. When these resources are placed into service, they will provide enough clean, renewable electricity to power 225,000 Arizona homes.

"We congratulate APS for being a solar power leader in the electric utility sector," said Julia Hamm, SEPA President and Chief Executive Officer. "APS successfully adapted its business models and operations to allow for a significant amount of solar energy to be integrated into the grid last year, delivering the many benefits of clean solar energy to its customers. The impressive gains solar energy made in the U.S. in 2011 can be largely attributed to APS's leadership."

The Top 10 solar utilities in the category of Annual Megawatts are:

Altogether, the Top 10 utilities reported adding more than 1,000 megawatts of solar electricity capacity in 2011. Overall, more than 240 utilities surveyed reported nearly 1,500 megawatts of new solar, equivalent to about six natural gas power plants.

The full Top 10 report containing additional details about the total solar capacity of U.S. utilities, rankings by regions, geographical diversity and other utility solar trends will be available in late May at SEPATop10.org.

SEPA is an educational non-profit dedicated to helping utilities integrate solar power into their energy portfolios. With more than 1,000 utility and solar industry members, SEPA provides unbiased utility solar market intelligence, up-to-date information about technologies and business models, and peer-to-peer interaction. From hosting national events to one-on-one counseling, SEPA helps utilities make smart solar decisions.

APS, Arizona's largest and longest-serving electricity utility, serves more than 1.1 million customers in 11 of the state's 15 counties. With headquarters in Phoenix, APS is the principal subsidiary of Pinnacle West Capital Corp. (NYSE: PNW).

SOURCE: APS

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