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Schedule I - Condensed Financial Information of Registrant - Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net Income $ 626,030 $ 518,781 $ 500,826
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 956,184 854,136 817,814
Deferred income taxes (20,923) (24,310) 43,202
Accounts receivable (12,696) (61,983) (63,869)
Accounts payable (7,214) (75,623) 90,076
Net cash provided by operating activities 1,609,823 1,207,697 1,241,441
Cash flows from investing activities      
Construction work in progress (48,270) (43,564) (28,030)
Proceeds from sale relating to BCE 84,322 23,400 0
Net cash used for investing activities (1,933,630) (1,694,249) (1,618,046)
Cash flows from financing activities      
Short-term borrowings and (repayments) — net (241,050) 241,900 48,720
Dividends paid on common stock (394,663) (386,486) (378,881)
Net cash provided by financing activities 322,690 486,675 371,468
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (1,117) 123 (5,137)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 4,955 4,832 9,969
CASH AND CASH EQUIVALENTS AT END OF YEAR 3,838 4,955 4,832
Pinnacle West      
Cash flows from operating activities      
Net Income 608,806 501,557 483,602
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in earnings of subsidiaries — net (643,703) (539,962) (500,042)
Gain on sale relating to BCE (22,988) (6,423) 0
Depreciation and amortization 75 76 76
Deferred income taxes 40,231 (13,955) 17,256
Accounts receivable 15,268 (28,273) (8,535)
Accounts payable (4,869) 1,839 3,431
Accrued taxes and income tax receivables — net (4,584) 9,505 (25,157)
Dividends received from subsidiaries 401,400 393,600 385,800
Other 22,959 (14,201) 47,719
Net cash provided by operating activities 412,595 303,763 404,150
Cash flows from investing activities      
Proceeds from sale relating to BCE 84,322 23,400 0
Investments in subsidiaries (827,752) (119,682) (186,630)
Repayments of loans from subsidiaries and other 1,132 6,526 14,308
Advances of loans to subsidiaries (11,336) (59,349) (3,308)
Net cash used for investing activities (753,634) (149,105) (175,630)
Cash flows from financing activities      
Issuance of long-term debt 867,387 175,000 300,000
Short-term debt borrowings under revolving credit facility 200,000 0 0
Short-term borrowings and (repayments) — net (48,100) 60,930 2,420
Dividends paid on common stock (394,663) (386,486) (378,881)
Repayment of long-term debt (625,000) 0 (150,000)
Common stock equity issuance and purchases — net 341,429 (4,093) (2,653)
Net cash provided by financing activities 341,053 (154,649) (229,114)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 14 9 (594)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 9 0 594
CASH AND CASH EQUIVALENTS AT END OF YEAR $ 23 $ 9 $ 0