                                                                    Exhibit 23.2

                         INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this  Registration  Statement of
Pinnacle West Capital  Corporation  on Form S-3 of our report dated  February 8,
2002 (March 22, 2002 as to Note 18 and  November  21, 2002 as to Note 19) (which
report  expresses an unqualified  opinion and includes an explanatory  paragraph
relating to the change in 2001 in the method of accounting for  derivatives  and
hedging  activities  in order to comply  with the  provisions  of  Statement  of
Financial Accounting Standards No. 133), appearing in the Current Report on Form
8-K (dated November 21, 2002) of Pinnacle West Capital  Corporation , and to the
reference to us under the heading "Experts" in the Prospectus,  which is part of
this Registration Statement.


DELOITTE & TOUCHE LLP

DELOITTE & TOUCHE LLP

Phoenix, Arizona
November 21, 2002

