Pinnacle West CEO Ted Geisler said data centers will pay for the utility's new grid infrastructure, implying incremental cost recovery tied to rising power demand. The comments, made at the Edison Electric Institute 2026 Conference in Las Vegas, are supportive for utility investment planning but do not indicate a quantified financial change. The article is largely a strategic update rather than a material earnings or guidance event.
Pinnacle West CEO Ted Geisler said data centers will pay for the utility's new grid infrastructure, implying incremental cost recovery tied to rising power demand. The comments, made at the Edison Electric Institute 2026 Conference in Las Vegas, are supportive for utility investment planning but do not indicate a quantified financial change. The article is largely a strategic update rather than a material earnings or guidance event.
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