Item 14. Other Expenses of Issuance and Distribution.
The expenses, other than underwriting discounts and commissions, to be incurred by Arizona Public Service Company (“APS”) relating to the offering of $250,000,000 principal amount of its 5.70% Notes due 2034 and $700,000,000 principal amount of its 5.90% Notes due 2055, under APS’s Registration Statement on Form S-3 (No. 333-277448-01) and a related prospectus supplement filed with the Securities and Exchange Commission and dated August 12, 2025 are estimated to be as follows:
| Securities and Exchange Commission registration fee | $ | 146,226 | ||
| Printing, engraving, and postage expenses | $ | 15,000 | ||
| Legal fees and expenses | $ | 9,500 | ||
| Accounting fees and expenses | $ | 75,000 | ||
| Rating Agency fees | $ | 1,900,000 | ||
| Transfer Agent and Registrar, Trustee and Depository fees and expenses | $ | 10,000 | ||
| Blue Sky fees and expenses | $ | 2,000 | ||
| Total | $ | 2,157,726 |