-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FyYO+4C92xXYy6xKAqPRzEkTiYuOSrBSZVKaH5MszwQNT6cJlenszxoHbjQyWt61 qKchdVFA+xVDjyPA096awg== 0000950147-98-001004.txt : 19981203 0000950147-98-001004.hdr.sgml : 19981203 ACCESSION NUMBER: 0000950147-98-001004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981201 ITEM INFORMATION: FILED AS OF DATE: 19981202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARIZONA PUBLIC SERVICE CO CENTRAL INDEX KEY: 0000007286 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 860011170 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-04473 FILM NUMBER: 98762976 BUSINESS ADDRESS: STREET 1: 400 N FIFTH ST STREET 2: P O BOX 53999 CITY: PHOENIX STATE: AZ ZIP: 85004 BUSINESS PHONE: 6022501000 8-K 1 CURRENT REPORT 12/1/98 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 1, 1998 ------------------ ARIZONA PUBLIC SERVICE COMPANY ------------------------------------------------------ (Exact name of registrant as specified in its charter) Arizona 1-4473 86-0011170 - ---------------------------- ------------ ---------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification Number) 400 North Fifth Street, P.O. Box 53999, Phoenix, Arizona 85004 - -------------------------------------------------------- --------- (Address of principal executive offices) (Zip code) (602) 250-1000 ---------------------------------------------------- (Registrant's telephone number, including area code) NONE ------------------------------------------------------------- (Former name or former address, if changed since last report) ITEM 5. OTHER EVENTS As previously reported, on November 4, 1998, Arizona Public Service Company (the "Company") and the Staff of the Arizona Corporation Commission (the "ACC") entered into a proposed settlement agreement related to the implementation of retail electric competition. See Note 5 of Notes to Condensed Financial Statements in the Company's Quarterly Report on Form 10-Q for the Fiscal Quarter ended September 30, 1998. Hearings for the ACC's consideration or approval of the settlement agreement were scheduled to begin on December 3, 1998. On December 1, 1998, the Arizona Supreme Court issued an order staying the ACC hearings. The Arizona Supreme Court's stay is preparatory to consideration by the full Court of whether the ACC provided sufficient notice of the hearings to interested parties. The Court will hear oral arguments on this matter on January 14, 1999. The Court's decision may delay the introduction of competition scheduled for January 1, 1999. The proposed settlement agreement has expired by its terms and whether it will be extended is yet to be determined. The Company cannot currently predict the outcome of this matter. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARIZONA PUBLIC SERVICE COMPANY (Registrant) Dated: December 2, 1998 By: Michael V. Palmeri --------------------------------- Michael V. Palmeri Treasurer -----END PRIVACY-ENHANCED MESSAGE-----