| Schedule of Disaggregation of Revenue |
The following table provides detail of Pinnacle West’s consolidated revenues disaggregated by revenue sources (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | Retail Electric Service | | | | | | | | | | | | | | | Residential | $ | 695,702 | | | $ | 651,666 | | | $ | 1,189,403 | | | $ | 1,100,589 | | | | | | | | | Non-Residential | 708,268 | | | 654,038 | | | 1,310,001 | | | 1,178,895 | | | | | | | | | Wholesale Energy Sales | 13,709 | | | 17,893 | | | 28,685 | | | 42,717 | | | | | | | | | Transmission Services for Others | 29,188 | | | 31,996 | | | 61,215 | | | 57,543 | | | | | | | | | Other Sources | 8,882 | | | 3,158 | | | 16,042 | | | 11,287 | | | | | | | | | Total Operating Revenues | $ | 1,455,749 | | | $ | 1,358,751 | | | $ | 2,605,346 | | | $ | 2,391,031 | | | | | | | |
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| Schedule of Allowance for Doubtful Accounts |
The following table provides a rollforward of Pinnacle West’s allowance for doubtful accounts (dollars in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended | | Year Ended | | | | | | | June 30, 2026 | | December 31, 2025 | | | | | | | | | | Balance at beginning of period | | $ | 25,495 | | | $ | 24,849 | | | | | | | | | | | Bad debt expense | | 13,528 | | | 28,603 | | | | | | | | | | | Actual write-offs | | (16,618) | | | (27,957) | | | | | | | | | | | Balance at end of period | | $ | 22,405 | | | $ | 25,495 | | | | | | | | | |
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