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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OZXypZ+uJWBu6OOA80sokBKWkOnl7VN/xOgt4FaiXYgMU3nvcJ3h0EQvhqGpEhmS
 ol/PQK01sQPIpzFlRwaowA==

<SEC-DOCUMENT>0000950147-00-000227.txt : 20000215
<SEC-HEADER>0000950147-00-000227.hdr.sgml : 20000215
ACCESSION NUMBER:		0000950147-00-000227
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19991231
FILED AS OF DATE:		20000214

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PINNACLE WEST CAPITAL CORP
		CENTRAL INDEX KEY:			0000764622
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				860512431
		STATE OF INCORPORATION:			AZ
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		
		SEC FILE NUMBER:	001-08962
		FILM NUMBER:		542643

	BUSINESS ADDRESS:	
		STREET 1:		400 E VAN BUREN ST PO BOX 52132
		STREET 2:		P O BOX 52132
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85072-2132
		BUSINESS PHONE:		6023792616

	MAIL ADDRESS:	
		STREET 1:		400 E VAN BUREN ST
		STREET 2:		PO BOX 52132
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85072-2132

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AZP GROUP INC
		DATE OF NAME CHANGE:	19870506
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			BOHON JOHN G
	CENTRAL INDEX KEY:			0001091916
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>OFFICER

FILING VALUES:
	FORM TYPE:		5

BUSINESS ADDRESS:	
	STREET 1:		C/O IMPERIAL FINANCIAL PRINTING
	STREET 2:		210 S 4TH AVE
	CITY:			PHOENIX
	STATE:			AZ
	ZIP:			85003
	BUSINESS PHONE:		6024952101

MAIL ADDRESS:	
	STREET 1:		IMPERIAL FINANCIAL PRINTING
	STREET 2:		210 S 4TH AVE
	CITY:			PHOENIX
	STATE:			AZ
	ZIP:			85003
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<DESCRIPTION>FORM 5 FOR JOHN G. BOHON
<TEXT>

======                                     -------------------------------------
FORM 5                                                 OMB APPROVAL
======                                     -------------------------------------
[ ] Check this box if no longer            OMB Number                  3235-0362
    subject to Section 16. Form 4          Expires:            December 31, 2001
    or Form 5 obligations may continue.    Estimated average burden
    See Instruction 1(b).                   hours per response.............. 1.0
[ ] Form 3 Holdings Reported               -------------------------------------
[ ] Form 4 Transactions Reported

                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
               ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the
                         Investment Company Act of 1940
================================================================================
1.  Name and Address of Reporting Person*

    Bohon           John           G.
- --------------------------------------------------------------------------------
    (Last)         (First)       (Middle)

    400 North Fifth Street
- --------------------------------------------------------------------------------
    (Street)

    Phoenix         AZ            85004
- --------------------------------------------------------------------------------
    (City         (State)         (Zip)
================================================================================
2.  Issuer Name and Ticker or Trading Symbol

    Pinnacle West Capital Corporation (PNW)
================================================================================
3.  I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (Voluntary)
================================================================================
4.  Statement for Month/Year

    12-31-99
================================================================================
5.  If Amendment, Date of Original
    (Month/Year)

================================================================================
6.  Relationship of Reporting Person(s) to Issuer
    (Check all applicable)

    [ ] Director                          [ ] 10% Owner
    [X] Officer (give title below)        [ ] Other (specify below)

    Vice President
    ---------------------------------------------------------------------------
================================================================================
7.  Individual or Joint/Group Filing (Check Applicable Line)
    [X] Form filed by One Reporting Person
    [ ] Form filed by More than One Reporting Person
================================================================================
<PAGE>
<TABLE>
<CAPTION>
=========================================================================================================================
                    TABLE I--NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
=========================================================================================================================
1. Title of Security  2. Trans-  3. Trans-   4. Securities Acquired (A) or  5. Amount of       6. Owner-   7. Nature of
   (Instr. 3)            action     action      Disposed of (D)                Securities Ben-    ship        Indirect
                         Date       Code        (Instr. 3, 4 and 5)            eficially Owned    Form: Di-   Beneficial
                         (Month/    (Instr.8)                                  at end of          rect (D)    Ownership
                         Day/                   ----------------------------   Issuer's Fiscal    or Indi-    (Instr. 4)
                         Year)                             (A) or              Year               rect (I)
                                                Amount     (D)      Price      (Instr. 3 and 4)   (Instr. 4)
- ------------------------------------------------------------------------------------------------------------------------
<S>                      <C>        <C>         <C>         <C>     <C>        <C>                <C>           <C>
Common Stock             11-17-99    A           1,500      (A)                                    D
- ------------------------------------------------------------------------------------------------------------------------
Common Stock             11-29-99    F             193      (D)     $33.41     7,013.764           D
- ------------------------------------------------------------------------------------------------------------------------
Common Stock                                                                       1,492           I      by 401(k) Plan
========================================================================================================================
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).  Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently valid OMB Number.
=================================================================================================
          Table II--DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
                 (e.g., puts, calls, warrants, options, convertible securities)
=================================================================================================
1. Title of Derivative Security  2. Conver-  3. Trans-  4. Transac-  5. Number of Deriva-
   (Instr. 3)                       sion or     action     tion         tive Securities Ac-
                                    Exer-       Date       Code         quired (A) or Dis-
                                    cise        (Month/    (Instr.8)    posed of (D)
                                    Price of    Day/                    (Instr. 3,4, and 5)
                                    Deriva-     Year)
                                    tive Se-                            -------------------
                                    curity                                (A)         (D)
- -------------------------------------------------------------------------------------------------
Employee Stock Option
(Right to Buy)                      $34.66      11-17-99    A             7,500
- -------------------------------------------------------------------------------------------------
6. Date Exercis-    7. Title and Amount of   8. Price     9. Number    10. Owner-    11. Nature
   able and Expi-      Underlying Securities    of           of De-        ship of       of Indi-
   ration Date         (Instr. 3 and 4)         De-          rivative      Deriva-       rect Ben-
   (Month/Day/                                  riva-        Securi-       tive Se-      eficial
    Year)                                       tive         ties Ben-     curity:       Owner-
- ------------------  -------------------------   Secu-        eficially     Direct        ship
 Date      Expira-                  Amount or   rity         Owned at      (D) or        (Instr.4)
 Exer-     tion                     Number of   (Instr. 5)   End of Year   Indirect
 cisable   Date        Title        Shares                   Year(Instr.4) (I)(Instr.4)
- ---------------------------------------------------------------------------------------------------
 (1)      11-17-09   Common Stock   7,500                    7,500          D
===================================================================================================
</TABLE>
Explanation of Responses:
(1) The option becomes exercisable 1/3 of the grant per year commencing
    11-17-00.

                           John G. Bohon                       February 14, 2000
                           -------------------------------     -----------------
                           John G. Bohon                              Date
                           **Signature of Reporting Person

**Intentional misstatements or omissions of facts constitute Federal Criminal
  Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:  File three copies of this Form, one of which must be manually signed.
       If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
                                                                          Page 2
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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