Looking Ahead

New APS Plan Addresses Growing Customer Energy Needs - Seite 2

Arizona is experiencing a boom in growth and development and the state’s population is expected to increase an average of more than 1.3% annually. That translates to about 23,000 new APS customers each year. Individual customers are using more electricity, too, not only with their air conditioners to keep cool in the summer heat but also as they utilize more devices and products that are powered by electricity. As drivers continue to make the switch from gas-powered cars and trucks to electric, charging those vehicles will also contribute to increased energy use. By 2027, APS forecasts more than one million EVs in its service territory. In addition to residential customer growth, large businesses like manufacturing companies and data centers are moving to and expanding in APS’s service territory – a trend taking place in other parts of the country as well.

Where will additional reliable power come from to serve APS customers?

To keep up with this level of energy demand, APS will make necessary investments so customers can continue to benefit from a strong and reliable power supply that is transitioning to 100% clean and carbon-free by 2050. Over the next several years, APS customers will benefit from careful planning that ensures reliability, maintains affordability and secures increasing amounts of cost-effective renewable energy. By 2027, APS will seek to add more than 6,000 MW of solar and wind power, coupled with battery storage, which will provide the greatest long-term value and affordability to customers. With this technology, APS can capture that clean renewable energy and store it for customers to use later, when the sun isn’t shining and the wind isn’t blowing.

Maintaining a balanced energy mix will be critical to keeping the lights on as APS plans to exit from coal-fired electricity generation in 2031. During our transition from legacy coal facilities, APS will utilize flexible natural gas resources that can ramp up quickly during times of the day when customers need electricity the most and make use of existing infrastructure to maintain customer affordability.

As owner and operator of Palo Verde Generating Station, the nation’s largest producer of carbon-free electricity, and with one of the country’s most substantial renewable energy portfolios, APS’s current energy mix is already 51% clean and includes renewable energy technologies and traditional energy resources that keep power flowing to customers 24/7.