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Income Taxes - Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Tax Reconciliation Increases Reductions in Tax Expense [Abstract]      
Federal income tax expense at statutory rate $ 125,095 $ 120,887 $ 156,666
State income tax net of federal income tax benefit 18,024 17,740 22,656
State income tax credits net of federal income tax benefit (3,513) (5,482) (7,015)
Net operating loss carryback tax benefit 0 0 (5,915)
Excess deferred income taxes — Tax Cuts and Jobs Act (36,558) (36,241) (36,558)
Allowance for equity funds used during construction (Note 1) (5,964) (4,629) (4,180)
Palo Verde VIE noncontrolling interest (Note 17) (3,617) (3,617) (3,617)
Investment tax credit amortization (9,495) (5,608) (7,620)
Federal production tax credit (8,441) (3,146) (3,064)
Other federal income tax credits (3,453) (7,721) (3,912)
Other 4,834 2,644 2,645
Income tax expense/(benefit) 76,912 74,827 110,086
Arizona Public Service Company      
Income Tax Reconciliation Increases Reductions in Tax Expense [Abstract]      
Federal income tax expense at statutory rate 138,337 132,920 162,762
State income tax net of federal income tax benefit 19,832 19,000 23,339
State income tax credits net of federal income tax benefit (1,775) (3,744) (5,277)
Net operating loss carryback tax benefit 0 0 0
Excess deferred income taxes — Tax Cuts and Jobs Act (36,558) (36,241) (36,558)
Allowance for equity funds used during construction (Note 1) (5,964) (4,629) (4,180)
Palo Verde VIE noncontrolling interest (Note 17) (3,617) (3,617) (3,617)
Investment tax credit amortization (9,495) (5,608) (7,620)
Federal production tax credit (5,460) 0 0
Other federal income tax credits (2,803) (7,721) (3,912)
Other 1,687 440 616
Income tax expense/(benefit) $ 94,184 $ 90,800 $ 125,553