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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): December 8, 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   86-0512431
 
  (an Arizona corporation)    
 
  400 North Fifth Street, P.O. Box 53999    
 
  Phoenix, AZ 85072-3999    
 
  (602) 250-1000    
 
       
1-4473
  Arizona Public Service Company   86-0011170
 
  (an Arizona corporation)    
 
  400 North Fifth Street, P.O. Box 53999    
 
  Phoenix, AZ 85072-3999    
 
  (602) 250-1000    
      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.
 
 

 


 

Item 8.01. Other Events.
Arizona Public Service Company (“APS”) General Rate Case — Power Supply Adjustor (“PSA”)
     On December 8, 2006, the Arizona Corporation Commission approved APS’ request to continue the interim PSA adjustor until rates become effective as a result of APS’ pending general rate case. For additional information about the general rate case, the PSA, and the interim PSA adjustor, see “APS General Rate Case” in Note 5 of Notes to Condensed Consolidated Financial Statements in the Pinnacle West Capital Corporation/APS Report on Form 10-Q for the fiscal quarter ended September 30, 2006.

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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: December 8, 2006  By:   /s/ Barbara M. Gomez    
    Barbara M. Gomez   
    Vice President and Treasurer   
 
  ARIZONA PUBLIC SERVICE COMPANY
(Registrant)
 
 
Dated: December 8, 2006  By:   /s/ Barbara M. Gomez    
    Barbara M. Gomez   
    Vice President and Treasurer   
 

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