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APS energy management subsidiary approved.


PHOENIX--(BUSINESS WIRE)--Sept. 12, 1996--Arizona's largest electric utility Thursday received approval from state regulators to form a subsidiary to offer a range of new energy management products and services to provide customer solutions for the home and office.

The subsidiary's products and services may include energy and load management, appliance control and programming, home automation, customer messaging, home and small commercial business security and automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 lighting control.

These offerings integrate both wired and wireless communication technologies to link internal control of the home/small commercial business to the utility.

"We're very pleased to have the opportunity to launch this new business," said Bill Post, APS senior vice president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
. "Today's evolving technologies offer many advantages to our customers.

"We can now provide products and services beyond the electric meter that our customers value. This sets the stage for entering the deregulated, competitive marketplace."

The subsidiary's first entry into the market will be the introduction of a home security product in alliance with Honeywell. The APS/Honeywell Home Protection System will be the first non-energy product offered by APS.

In addition, APS would be the first utility in the country to offer Honeywell's newest home security product -- the System 7000. Priced competitively, the APS/Honeywell Home Protection System would have an installed base price of $149, plus $24.95 per month, assuming a 36-month lease/monitoring contract.

The APS/Honeywell Home Protection System will first be available to APS employees and employees of affiliate corporations. Following the initial rollout, the product line will be offered to APS customers and non-customers in the metropolitan Phoenix area and then outside the Phoenix area.

APS is Arizona's largest electric utility serving customers in 11 of the state's 15 counties and is the largest subsidiary of Pinnacle pinnacle (pĭn`ĭkəl), minor architectural motif of vertical tapering shape, usually crowning a pier, buttress, or gable. Although sometimes it appears in Renaissance design, as in the Certosa di Pavia, it is almost exclusively a medieval  West Capital Corp. (NYSE NYSE

See: New York Stock Exchange
:PNW PNW Pacific Northwest
PNW Palestinian Airlines (ICAO code)
PNW Probes Northwest (Ford Probe owners club)
PNW Prescott and Northwestern Railroad Company
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PNW Personal Netware
).

CONTACT: Arizona Public Service Arizona Public Service Company is the largest electric utility in Arizona and the principal subsidiary of publicly-traded S&P 500 member Pinnacle West Capital Corporation (NYSE: PNW), which in turn had been formerly named AZP Group  Co., Phoenix

Sally Stewart Sally Stewart was a British actress. Filmography
  • Don't Be a Dummy (1932) - Florrie
  • Falling in Love / Trouble Ahead (1935) - Gertie
  • Holiday's End (1937) - Betty Sulgrave
  • The Lady Vanishes (1938) - Julie
  • His Lordship Regrets (1938) - Sally
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Publication:Business Wire
Date:Sep 12, 1996
Words:311
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