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    <link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_57AEAE00FC30503BE7140BEE110C94BE_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset_57AEAE00FC30503BE7140BEE110C94BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset, Fair Value, Gross Liability and Obligation to Return Cash, Offset</link:label>
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    <link:label id="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_D1E63974A9D42D4AE1B60BEE110D0318_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetNotSubjectToMasterNettingArrangement_D1E63974A9D42D4AE1B60BEE110D0318" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset, Not Subject to Master Netting Arrangement</link:label>
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    <link:label id="lab_us-gaap_DerivativeAssets_31094DFD5E2E387C98D70BEE110D79DF_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets_31094DFD5E2E387C98D70BEE110D79DF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Amount Reported on Balance Sheet</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_31094DFD5E2E387C98D70BEE110D79DF_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets_31094DFD5E2E387C98D70BEE110D79DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset</link:label>
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    <link:label id="lab_us-gaap_OffsettingDerivativeLiabilitiesAbstract_A4A81225C79080591E2E0BEE110DACB6_label_en-US" xlink:label="lab_us-gaap_OffsettingDerivativeLiabilitiesAbstract_A4A81225C79080591E2E0BEE110DACB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offsetting Derivative Liabilities [Abstract]</link:label>
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    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_DC61D2873DCD50AFACAC0BEE110DF409_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiability_DC61D2873DCD50AFACAC0BEE110DF409" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability, Fair Value, Gross Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiability" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiability_DC61D2873DCD50AFACAC0BEE110DF409" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_00A0AA5B89967830585F0BEE110D0EBF_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_00A0AA5B89967830585F0BEE110D0EBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability, Fair Value, Gross Asset and Right to Reclaim Cash, Offset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_00A0AA5B89967830585F0BEE110D0EBF" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral_A116787FD49DFEA19FBD0BEE110DAF40" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement" xlink:label="loc_us-gaap_DerivativeLiabilityNotSubjectToMasterNettingArrangement_253D0AB7ECABA92376E80BEE110D8B1F" xlink:type="locator" />
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    <link:loc xlink:href="pnw-20160331.xsd#pnw_DerivativeAssetLiabilityFairValueGrossLiabilityAssetandObligationtoReturnandRighttoReclaimCashOffset" xlink:label="loc_pnw_DerivativeAssetLiabilityFairValueGrossLiabilityAssetandObligationtoReturnandRighttoReclaimCashOffset_68CDA01AF2941485844D0BEE110D3768" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain" xlink:label="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_90405F27AD39E2D099960BEE119A3A3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_90405F27AD39E2D099960BEE119A3A3C" xlink:to="lab_us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationByLiabilityClassDomain_90405F27AD39E2D099960BEE119A3A3C" xlink:type="arc" />
    <link:label id="lab_pnw_ElectricityContractsMember_C3BAA570441CC3ADADCA0BEE119A3F23_verboseLabel_en-US" xlink:label="lab_pnw_ElectricityContractsMember_C3BAA570441CC3ADADCA0BEE119A3F23" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Electricity forward contracts</link:label>
    <link:label id="lab_pnw_ElectricityContractsMember_C3BAA570441CC3ADADCA0BEE119A3F23_label_en-US" xlink:label="lab_pnw_ElectricityContractsMember_C3BAA570441CC3ADADCA0BEE119A3F23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Electricity Contracts [Member]</link:label>
    <link:label id="lab_pnw_ElectricityContractsMember_C3BAA570441CC3ADADCA0BEE119A3F23_documentation_en-US" xlink:label="lab_pnw_ElectricityContractsMember_C3BAA570441CC3ADADCA0BEE119A3F23" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents derivative instruments with primary underlying risk tied to electricity contracts.</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ElectricityContractsMember_C3BAA570441CC3ADADCA0BEE119A3F23" xlink:to="lab_pnw_ElectricityContractsMember_C3BAA570441CC3ADADCA0BEE119A3F23" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommodityOptionMember_70190530BF77ADF855190BEE119AAD0E_terseLabel_en-US" xlink:label="lab_us-gaap_CommodityOptionMember_70190530BF77ADF855190BEE119AAD0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option Contracts</link:label>
    <link:label id="lab_us-gaap_CommodityOptionMember_70190530BF77ADF855190BEE119AAD0E_label_en-US" xlink:label="lab_us-gaap_CommodityOptionMember_70190530BF77ADF855190BEE119AAD0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodity Option [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommodityOptionMember" xlink:label="loc_us-gaap_CommodityOptionMember_70190530BF77ADF855190BEE119AAD0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommodityOptionMember_70190530BF77ADF855190BEE119AAD0E" xlink:to="lab_us-gaap_CommodityOptionMember_70190530BF77ADF855190BEE119AAD0E" xlink:type="arc" />
    <link:label id="lab_pnw_NaturalGasContractsMember_4994321010C52044BB650BEE119A35F2_verboseLabel_en-US" xlink:label="lab_pnw_NaturalGasContractsMember_4994321010C52044BB650BEE119A35F2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Natural gas forward contracts</link:label>
    <link:label id="lab_pnw_NaturalGasContractsMember_4994321010C52044BB650BEE119A35F2_label_en-US" xlink:label="lab_pnw_NaturalGasContractsMember_4994321010C52044BB650BEE119A35F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Natural Gas Contracts [Member]</link:label>
    <link:label id="lab_pnw_NaturalGasContractsMember_4994321010C52044BB650BEE119A35F2_documentation_en-US" xlink:label="lab_pnw_NaturalGasContractsMember_4994321010C52044BB650BEE119A35F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents derivative instruments with primary underlying risk tied to natural gas contracts.</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_NaturalGasContractsMember_4994321010C52044BB650BEE119A35F2" xlink:to="lab_pnw_NaturalGasContractsMember_4994321010C52044BB650BEE119A35F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeAxis_FA7CF2C86CAD9EF65EA50BEE119AA20B_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_FA7CF2C86CAD9EF65EA50BEE119AA20B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_us-gaap_RangeAxis_FA7CF2C86CAD9EF65EA50BEE119AA20B_label_en-US" xlink:label="lab_us-gaap_RangeAxis_FA7CF2C86CAD9EF65EA50BEE119AA20B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeAxis" xlink:label="loc_us-gaap_RangeAxis_FA7CF2C86CAD9EF65EA50BEE119AA20B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeAxis_FA7CF2C86CAD9EF65EA50BEE119AA20B" xlink:to="lab_us-gaap_RangeAxis_FA7CF2C86CAD9EF65EA50BEE119AA20B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RangeMember_E64AFA9AF1FC0933F8590BEE119A3B46_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_E64AFA9AF1FC0933F8590BEE119A3B46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_us-gaap_RangeMember_E64AFA9AF1FC0933F8590BEE119A3B46_label_en-US" xlink:label="lab_us-gaap_RangeMember_E64AFA9AF1FC0933F8590BEE119A3B46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RangeMember" xlink:label="loc_us-gaap_RangeMember_E64AFA9AF1FC0933F8590BEE119A3B46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RangeMember_E64AFA9AF1FC0933F8590BEE119A3B46" xlink:to="lab_us-gaap_RangeMember_E64AFA9AF1FC0933F8590BEE119A3B46" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinimumMember_5FF87E274240FA37CB5D0BEE119AE328_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_5FF87E274240FA37CB5D0BEE119AE328" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum</link:label>
    <link:label id="lab_us-gaap_MinimumMember_5FF87E274240FA37CB5D0BEE119AE328_label_en-US" xlink:label="lab_us-gaap_MinimumMember_5FF87E274240FA37CB5D0BEE119AE328" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinimumMember" xlink:label="loc_us-gaap_MinimumMember_5FF87E274240FA37CB5D0BEE119AE328" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinimumMember_5FF87E274240FA37CB5D0BEE119AE328" xlink:to="lab_us-gaap_MinimumMember_5FF87E274240FA37CB5D0BEE119AE328" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaximumMember_7134AEC6DE19B3DE4BD00BEE119A3FB5_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_7134AEC6DE19B3DE4BD00BEE119A3FB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_us-gaap_MaximumMember_7134AEC6DE19B3DE4BD00BEE119A3FB5_label_en-US" xlink:label="lab_us-gaap_MaximumMember_7134AEC6DE19B3DE4BD00BEE119A3FB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_7134AEC6DE19B3DE4BD00BEE119A3FB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumMember_7134AEC6DE19B3DE4BD00BEE119A3FB5" xlink:to="lab_us-gaap_MaximumMember_7134AEC6DE19B3DE4BD00BEE119A3FB5" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageMember_B6484B828BB4D7D083C70BEE119FD43B_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageMember_B6484B828BB4D7D083C70BEE119FD43B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average</link:label>
    <link:label id="lab_us-gaap_WeightedAverageMember_B6484B828BB4D7D083C70BEE119FD43B_label_en-US" xlink:label="lab_us-gaap_WeightedAverageMember_B6484B828BB4D7D083C70BEE119FD43B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_WeightedAverageMember" xlink:label="loc_us-gaap_WeightedAverageMember_B6484B828BB4D7D083C70BEE119FD43B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageMember_B6484B828BB4D7D083C70BEE119FD43B" xlink:to="lab_us-gaap_WeightedAverageMember_B6484B828BB4D7D083C70BEE119FD43B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationTechniqueAxis_775C02493AA1BC455FA40BEE119FF599_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationTechniqueAxis_775C02493AA1BC455FA40BEE119FF599" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Technique [Axis]</link:label>
    <link:label id="lab_us-gaap_ValuationTechniqueAxis_775C02493AA1BC455FA40BEE119FF599_label_en-US" xlink:label="lab_us-gaap_ValuationTechniqueAxis_775C02493AA1BC455FA40BEE119FF599" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Technique [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueAxis" xlink:label="loc_us-gaap_ValuationTechniqueAxis_775C02493AA1BC455FA40BEE119FF599" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationTechniqueAxis_775C02493AA1BC455FA40BEE119FF599" xlink:to="lab_us-gaap_ValuationTechniqueAxis_775C02493AA1BC455FA40BEE119FF599" xlink:type="arc" />
    <link:label id="lab_us-gaap_ValuationTechniqueDomain_91EDB3863238D2B9AACA0BEE119FA538_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationTechniqueDomain_91EDB3863238D2B9AACA0BEE119FA538" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation Technique [Domain]</link:label>
    <link:label id="lab_us-gaap_ValuationTechniqueDomain_91EDB3863238D2B9AACA0BEE119FA538_label_en-US" xlink:label="lab_us-gaap_ValuationTechniqueDomain_91EDB3863238D2B9AACA0BEE119FA538" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Technique [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ValuationTechniqueDomain" xlink:label="loc_us-gaap_ValuationTechniqueDomain_91EDB3863238D2B9AACA0BEE119FA538" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ValuationTechniqueDomain_91EDB3863238D2B9AACA0BEE119FA538" xlink:to="lab_us-gaap_ValuationTechniqueDomain_91EDB3863238D2B9AACA0BEE119FA538" xlink:type="arc" />
    <link:label id="lab_us-gaap_MarketApproachValuationTechniqueMember_CBD3B6FCAAEC3E9270730BEE119F48E1_verboseLabel_en-US" xlink:label="lab_us-gaap_MarketApproachValuationTechniqueMember_CBD3B6FCAAEC3E9270730BEE119F48E1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Discounted cash flows</link:label>
    <link:label id="lab_us-gaap_MarketApproachValuationTechniqueMember_CBD3B6FCAAEC3E9270730BEE119F48E1_label_en-US" xlink:label="lab_us-gaap_MarketApproachValuationTechniqueMember_CBD3B6FCAAEC3E9270730BEE119F48E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Approach Valuation Technique [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MarketApproachValuationTechniqueMember" xlink:label="loc_us-gaap_MarketApproachValuationTechniqueMember_CBD3B6FCAAEC3E9270730BEE119F48E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketApproachValuationTechniqueMember_CBD3B6FCAAEC3E9270730BEE119F48E1" xlink:to="lab_us-gaap_MarketApproachValuationTechniqueMember_CBD3B6FCAAEC3E9270730BEE119F48E1" xlink:type="arc" />
    <link:label id="lab_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC_terseLabel_en-US" xlink:label="lab_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option model</link:label>
    <link:label id="lab_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC_label_en-US" xlink:label="lab_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option Model Valuation Technique [Member]</link:label>
    <link:label id="lab_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC_documentation_en-US" xlink:label="lab_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Option model valuation technique used to measure fair value.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_OptionModelValuationTechniqueMember" xlink:label="loc_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC" xlink:to="lab_pnw_OptionModelValuationTechniqueMember_9DE84E139E69C88FEB340BEE11A0A0FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems_02B80B0D74DD7D54AE350BEE11A0A704_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems_02B80B0D74DD7D54AE350BEE11A0A704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Information regarding the entity's internally developed significant unobservable inputs used to value its level 3 instruments</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems_02B80B0D74DD7D54AE350BEE11A0A704_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems_02B80B0D74DD7D54AE350BEE11A0A704" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Inputs, Liabilities, Quantitative Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems" xlink:label="loc_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems_02B80B0D74DD7D54AE350BEE11A0A704" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems_02B80B0D74DD7D54AE350BEE11A0A704" xlink:to="lab_us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems_02B80B0D74DD7D54AE350BEE11A0A704" xlink:type="arc" />
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    <link:label id="lab_us-gaap_AssetsFairValueDisclosure_3FD2051B7732EF72857E0BEE11A035EE_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_3FD2051B7732EF72857E0BEE11A035EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_3FD2051B7732EF72857E0BEE11A035EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_3FD2051B7732EF72857E0BEE11A035EE" xlink:to="lab_us-gaap_AssetsFairValueDisclosure_3FD2051B7732EF72857E0BEE11A035EE" xlink:type="arc" />
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    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_0314C66F81C909EA131130B9CCE06B39_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_0314C66F81C909EA131130B9CCE06B39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_0314C66F81C909EA131130B9CCE06B39_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_0314C66F81C909EA131130B9CCE06B39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_us-gaap_BusinessAcquisitionAcquireeDomain_0314C66F81C909EA131130B9CCE06B39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAcquireeDomain_0314C66F81C909EA131130B9CCE06B39" xlink:to="lab_us-gaap_BusinessAcquisitionAcquireeDomain_0314C66F81C909EA131130B9CCE06B39" xlink:type="arc" />
    <link:label id="lab_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77_terseLabel_en-US" xlink:label="lab_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SCE</link:label>
    <link:label id="lab_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77_label_en-US" xlink:label="lab_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Southern California Edison Company [Member]</link:label>
    <link:label id="lab_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77_documentation_en-US" xlink:label="lab_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information related to Southern California Edison Company.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SouthernCaliforniaEdisonCompanyMember" xlink:label="loc_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77" xlink:to="lab_pnw_SouthernCaliforniaEdisonCompanyMember_5A819EB8A148662270D130B9CCE0CB77" xlink:type="arc" />
    <link:label id="lab_us-gaap_JointlyOwnedUtilityPlantAxis_3DEC278954E153C32E2430B9CCE006EF_terseLabel_en-US" xlink:label="lab_us-gaap_JointlyOwnedUtilityPlantAxis_3DEC278954E153C32E2430B9CCE006EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Jointly Owned Utility Plant [Axis]</link:label>
    <link:label id="lab_us-gaap_JointlyOwnedUtilityPlantAxis_3DEC278954E153C32E2430B9CCE006EF_label_en-US" xlink:label="lab_us-gaap_JointlyOwnedUtilityPlantAxis_3DEC278954E153C32E2430B9CCE006EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Jointly Owned Utility Plant [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_JointlyOwnedUtilityPlantAxis" xlink:label="loc_us-gaap_JointlyOwnedUtilityPlantAxis_3DEC278954E153C32E2430B9CCE006EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_JointlyOwnedUtilityPlantAxis_3DEC278954E153C32E2430B9CCE006EF" xlink:to="lab_us-gaap_JointlyOwnedUtilityPlantAxis_3DEC278954E153C32E2430B9CCE006EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_JointlyOwnedUtilityPlantDomain_CC7D0E7A0A2D4DDC907730B9CCE0DAE9_terseLabel_en-US" xlink:label="lab_us-gaap_JointlyOwnedUtilityPlantDomain_CC7D0E7A0A2D4DDC907730B9CCE0DAE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Jointly Owned Utility Plant [Domain]</link:label>
    <link:label id="lab_us-gaap_JointlyOwnedUtilityPlantDomain_CC7D0E7A0A2D4DDC907730B9CCE0DAE9_label_en-US" xlink:label="lab_us-gaap_JointlyOwnedUtilityPlantDomain_CC7D0E7A0A2D4DDC907730B9CCE0DAE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Jointly Owned Utility Plant [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_JointlyOwnedUtilityPlantDomain" xlink:label="loc_us-gaap_JointlyOwnedUtilityPlantDomain_CC7D0E7A0A2D4DDC907730B9CCE0DAE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_JointlyOwnedUtilityPlantDomain_CC7D0E7A0A2D4DDC907730B9CCE0DAE9" xlink:to="lab_us-gaap_JointlyOwnedUtilityPlantDomain_CC7D0E7A0A2D4DDC907730B9CCE0DAE9" xlink:type="arc" />
    <link:label id="lab_pnw_FourCornersUnits4And5Member_7280E606682A5F0205EE30B9CCE0AC8B_terseLabel_en-US" xlink:label="lab_pnw_FourCornersUnits4And5Member_7280E606682A5F0205EE30B9CCE0AC8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Four Corners Units 4 and 5</link:label>
    <link:label id="lab_pnw_FourCornersUnits4And5Member_7280E606682A5F0205EE30B9CCE0AC8B_label_en-US" xlink:label="lab_pnw_FourCornersUnits4And5Member_7280E606682A5F0205EE30B9CCE0AC8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Corners Units 4 and 5 [Member]</link:label>
    <link:label id="lab_pnw_FourCornersUnits4And5Member_7280E606682A5F0205EE30B9CCE0AC8B_documentation_en-US" xlink:label="lab_pnw_FourCornersUnits4And5Member_7280E606682A5F0205EE30B9CCE0AC8B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents Four Corners Units 4 and 5, a jointly-owned generating facility of the entity.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_FourCornersUnits4And5Member" xlink:label="loc_pnw_FourCornersUnits4And5Member_7280E606682A5F0205EE30B9CCE0AC8B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_54241DFEC9CBAAD1DFEE30B9CCE0EA48_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_54241DFEC9CBAAD1DFEE30B9CCE0EA48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_54241DFEC9CBAAD1DFEE30B9CCE0EA48_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_54241DFEC9CBAAD1DFEE30B9CCE0EA48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_54241DFEC9CBAAD1DFEE30B9CCE0EA48" xlink:type="locator" />
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    <link:label id="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_DDC85D4522B26AFBDFB230B9CCE0D14A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_DDC85D4522B26AFBDFB230B9CCE0D14A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership interest acquired</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_DDC85D4522B26AFBDFB230B9CCE0D14A_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_DDC85D4522B26AFBDFB230B9CCE0D14A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Percentage of Voting Interests Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired" xlink:label="loc_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_DDC85D4522B26AFBDFB230B9CCE0D14A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_DDC85D4522B26AFBDFB230B9CCE0D14A" xlink:to="lab_us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired_DDC85D4522B26AFBDFB230B9CCE0D14A" xlink:type="arc" />
    <link:label id="lab_pnw_SettlementagreementACCapprovedrateadjustmentannualizedcustomerimpact_274D4ADD520CBF24326430B9CCE1F218_terseLabel_en-US" xlink:label="lab_pnw_SettlementagreementACCapprovedrateadjustmentannualizedcustomerimpact_274D4ADD520CBF24326430B9CCE1F218" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settlement agreement, ACC approved rate adjustment, annualized customer impact</link:label>
    <link:label id="lab_pnw_SettlementagreementACCapprovedrateadjustmentannualizedcustomerimpact_274D4ADD520CBF24326430B9CCE1F218_label_en-US" xlink:label="lab_pnw_SettlementagreementACCapprovedrateadjustmentannualizedcustomerimpact_274D4ADD520CBF24326430B9CCE1F218" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlement agreement, ACC approved rate adjustment, annualized customer impact</link:label>
    <link:label id="lab_pnw_SettlementagreementACCapprovedrateadjustmentannualizedcustomerimpact_274D4ADD520CBF24326430B9CCE1F218_documentation_en-US" xlink:label="lab_pnw_SettlementagreementACCapprovedrateadjustmentannualizedcustomerimpact_274D4ADD520CBF24326430B9CCE1F218" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Settlement agreement, ACC approved rate adjustment, annualized customer impact</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SettlementagreementACCapprovedrateadjustmentannualizedcustomerimpact" xlink:label="loc_pnw_SettlementagreementACCapprovedrateadjustmentannualizedcustomerimpact_274D4ADD520CBF24326430B9CCE1F218" xlink:type="locator" />
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    <link:label id="lab_us-gaap_RegulatoryAssets_658977997B18492E0FDC30B9CCE1E1F1_verboseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryAssets_658977997B18492E0FDC30B9CCE1E1F1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Regulatory assets, non-current</link:label>
    <link:label id="lab_us-gaap_RegulatoryAssets_658977997B18492E0FDC30B9CCE1E1F1_label_en-US" xlink:label="lab_us-gaap_RegulatoryAssets_658977997B18492E0FDC30B9CCE1E1F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryAssets" xlink:label="loc_us-gaap_RegulatoryAssets_658977997B18492E0FDC30B9CCE1E1F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RegulatoryAssets_658977997B18492E0FDC30B9CCE1E1F1" xlink:to="lab_us-gaap_RegulatoryAssets_658977997B18492E0FDC30B9CCE1E1F1" xlink:type="arc" />
    <link:label id="lab_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91_terseLabel_en-US" xlink:label="lab_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory noncurrent asset amortization period</link:label>
    <link:label id="lab_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91_label_en-US" xlink:label="lab_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Asset, Noncurrent, Amortization Period</link:label>
    <link:label id="lab_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91_documentation_en-US" xlink:label="lab_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Regulatory Asset, Noncurrent, Amortization Period</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RegulatoryAssetNoncurrentAmortizationPeriod" xlink:label="loc_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91" xlink:to="lab_pnw_RegulatoryAssetNoncurrentAmortizationPeriod_FE2FF2DD1EBB49C5E0CA30B9CCE17D91" xlink:type="arc" />
    <link:label id="lab_pnw_TransmissionTerminationAgreementNetReceiptDueToNegotiationOfAlternateArrangement_77B525BE2DC88DCE0AB230B9CCE109F9_terseLabel_en-US" xlink:label="lab_pnw_TransmissionTerminationAgreementNetReceiptDueToNegotiationOfAlternateArrangement_77B525BE2DC88DCE0AB230B9CCE109F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net receipt due to negotiation of alternate arrangement</link:label>
    <link:label id="lab_pnw_TransmissionTerminationAgreementNetReceiptDueToNegotiationOfAlternateArrangement_77B525BE2DC88DCE0AB230B9CCE109F9_label_en-US" xlink:label="lab_pnw_TransmissionTerminationAgreementNetReceiptDueToNegotiationOfAlternateArrangement_77B525BE2DC88DCE0AB230B9CCE109F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transmission Termination Agreement Net Receipt Due to Negotiation of Alternate Arrangement</link:label>
    <link:label id="lab_pnw_TransmissionTerminationAgreementNetReceiptDueToNegotiationOfAlternateArrangement_77B525BE2DC88DCE0AB230B9CCE109F9_documentation_en-US" xlink:label="lab_pnw_TransmissionTerminationAgreementNetReceiptDueToNegotiationOfAlternateArrangement_77B525BE2DC88DCE0AB230B9CCE109F9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount of net receipt due to negotiation of alternate arrangement.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_TransmissionTerminationAgreementNetReceiptDueToNegotiationOfAlternateArrangement" xlink:label="loc_pnw_TransmissionTerminationAgreementNetReceiptDueToNegotiationOfAlternateArrangement_77B525BE2DC88DCE0AB230B9CCE109F9" xlink:type="locator" />
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    <link:label id="lab_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6_terseLabel_en-US" xlink:label="lab_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net book value</link:label>
    <link:label id="lab_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6_label_en-US" xlink:label="lab_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Asset, Net Book Value</link:label>
    <link:label id="lab_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6_documentation_en-US" xlink:label="lab_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Regulatory Asset, Net Book Value</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RegulatoryAssetNetBookValue" xlink:label="loc_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6" xlink:to="lab_pnw_RegulatoryAssetNetBookValue_B38B8F4561B86FDE468A30B9CCE18DF6" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_C88A8CB02082A063BF8D0BEE148BF8A4_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_C88A8CB02082A063BF8D0BEE148BF8A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nuclear Decommissioning Trusts</link:label>
    <link:label id="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_C88A8CB02082A063BF8D0BEE148BF8A4_label_en-US" xlink:label="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_C88A8CB02082A063BF8D0BEE148BF8A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]</link:label>
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    <link:label id="lab_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8_terseLabel_en-US" xlink:label="lab_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ACC</link:label>
    <link:label id="lab_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8_label_en-US" xlink:label="lab_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Arizona Corporation Commission [Member]</link:label>
    <link:label id="lab_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8_documentation_en-US" xlink:label="lab_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the Arizona Corporation Commission (ACC), which regulates public utilities in Arizona.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ArizonaCorporationCommissionMember" xlink:label="loc_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8" xlink:to="lab_pnw_ArizonaCorporationCommissionMember_A454AB33C6464E08E21C4F3E9CF0EFA8" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_A49FB1D6BFF0F75C573E4F3E9CF1E7EC_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_A49FB1D6BFF0F75C573E4F3E9CF1E7EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current borrowing capacity on credit facility</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_A49FB1D6BFF0F75C573E4F3E9CF1E7EC_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_A49FB1D6BFF0F75C573E4F3E9CF1E7EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Current Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_A49FB1D6BFF0F75C573E4F3E9CF1E7EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_A49FB1D6BFF0F75C573E4F3E9CF1E7EC" xlink:to="lab_us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_A49FB1D6BFF0F75C573E4F3E9CF1E7EC" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7B0A3F980408B542449A4F3E9CF15FE6_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7B0A3F980408B542449A4F3E9CF15FE6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum borrowing capacity on credit facility upon satisfaction of certain conditions and consent of lenders (up to)</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7B0A3F980408B542449A4F3E9CF15FE6_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7B0A3F980408B542449A4F3E9CF15FE6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7B0A3F980408B542449A4F3E9CF15FE6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7B0A3F980408B542449A4F3E9CF15FE6" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_7B0A3F980408B542449A4F3E9CF15FE6" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCredit_302A353F271D76B3D1DB4F3E9CF12EB8_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCredit_302A353F271D76B3D1DB4F3E9CF12EB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding borrowings</link:label>
    <link:label id="lab_us-gaap_LineOfCredit_302A353F271D76B3D1DB4F3E9CF12EB8_label_en-US" xlink:label="lab_us-gaap_LineOfCredit_302A353F271D76B3D1DB4F3E9CF12EB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Line of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LineOfCredit" xlink:label="loc_us-gaap_LineOfCredit_302A353F271D76B3D1DB4F3E9CF12EB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCredit_302A353F271D76B3D1DB4F3E9CF12EB8" xlink:to="lab_us-gaap_LineOfCredit_302A353F271D76B3D1DB4F3E9CF12EB8" xlink:type="arc" />
    <link:label id="lab_us-gaap_LettersOfCreditOutstandingAmount_9FC96F1E1DF49C6DD2234F3E9CF13735_terseLabel_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_9FC96F1E1DF49C6DD2234F3E9CF13735" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding letters of credit</link:label>
    <link:label id="lab_us-gaap_LettersOfCreditOutstandingAmount_9FC96F1E1DF49C6DD2234F3E9CF13735_label_en-US" xlink:label="lab_us-gaap_LettersOfCreditOutstandingAmount_9FC96F1E1DF49C6DD2234F3E9CF13735" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letters of Credit Outstanding, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LettersOfCreditOutstandingAmount" xlink:label="loc_us-gaap_LettersOfCreditOutstandingAmount_9FC96F1E1DF49C6DD2234F3E9CF13735" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LettersOfCreditOutstandingAmount_9FC96F1E1DF49C6DD2234F3E9CF13735" xlink:to="lab_us-gaap_LettersOfCreditOutstandingAmount_9FC96F1E1DF49C6DD2234F3E9CF13735" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommercialPaper_5EEE45A21D2A2BE70E414F3E9CF1CB2E_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialPaper_5EEE45A21D2A2BE70E414F3E9CF1CB2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercial paper</link:label>
    <link:label id="lab_us-gaap_CommercialPaper_5EEE45A21D2A2BE70E414F3E9CF1CB2E_label_en-US" xlink:label="lab_us-gaap_CommercialPaper_5EEE45A21D2A2BE70E414F3E9CF1CB2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commercial Paper</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommercialPaper" xlink:label="loc_us-gaap_CommercialPaper_5EEE45A21D2A2BE70E414F3E9CF1CB2E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialPaper_5EEE45A21D2A2BE70E414F3E9CF1CB2E" xlink:to="lab_us-gaap_CommercialPaper_5EEE45A21D2A2BE70E414F3E9CF1CB2E" xlink:type="arc" />
    <link:label id="lab_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712_terseLabel_en-US" xlink:label="lab_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum commercial paper support available under credit facility</link:label>
    <link:label id="lab_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712_label_en-US" xlink:label="lab_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Commercial Paper Program Maximum Borrowing Capacity</link:label>
    <link:label id="lab_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712_documentation_en-US" xlink:label="lab_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the maximum borrowings available for the commercial paper program under the terms of line of credit facility.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity" xlink:label="loc_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712" xlink:to="lab_pnw_LineOfCreditFacilityCommercialPaperProgramMaximumBorrowingCapacity_0E7D643FE32CC45CC8514F3E9CF19712" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_2AD9E4BE8023C452A28F4F3E9CF145B8_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_2AD9E4BE8023C452A28F4F3E9CF145B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt issued</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_2AD9E4BE8023C452A28F4F3E9CF145B8_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_2AD9E4BE8023C452A28F4F3E9CF145B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_2AD9E4BE8023C452A28F4F3E9CF145B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_2AD9E4BE8023C452A28F4F3E9CF145B8" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount_2AD9E4BE8023C452A28F4F3E9CF145B8" xlink:type="arc" />
    <link:label id="lab_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084_terseLabel_en-US" xlink:label="lab_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of line of credit facilities</link:label>
    <link:label id="lab_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084_label_en-US" xlink:label="lab_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Number of Agreements</link:label>
    <link:label id="lab_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084_documentation_en-US" xlink:label="lab_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of line of credit facilities.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_LineOfCreditFacilityNumberOfAgreements" xlink:label="loc_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084" xlink:to="lab_pnw_LineOfCreditFacilityNumberOfAgreements_11707FF6748B4BF7D3B74F3E9CF18084" xlink:type="arc" />
    <link:label id="lab_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B_terseLabel_en-US" xlink:label="lab_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Provisions</link:label>
    <link:label id="lab_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B_label_en-US" xlink:label="lab_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Provisions [Abstract]</link:label>
    <link:label id="lab_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B_documentation_en-US" xlink:label="lab_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DebtProvisionsAbstract" xlink:label="loc_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B" xlink:to="lab_pnw_DebtProvisionsAbstract_0B96B1060EDC2F1AFD124F3E9CF1400B" xlink:type="arc" />
    <link:label id="lab_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6_terseLabel_en-US" xlink:label="lab_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Required common equity ratio ordered by ACC (as a percent) (at least)</link:label>
    <link:label id="lab_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6_label_en-US" xlink:label="lab_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utility Order Common Stockholders Equity Ratio</link:label>
    <link:label id="lab_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6_documentation_en-US" xlink:label="lab_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The common equity ratio (defined as the total shareholder equity divided by the sum of total shareholder equity and long-term debt, including current maturities of long-term debt), which the entity is required to maintain pursuant to an order from a regulatory authority.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PublicUtilityOrderCommonStockholdersEquityRatio" xlink:label="loc_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6" xlink:to="lab_pnw_PublicUtilityOrderCommonStockholdersEquityRatio_982241DADB13AE0D92934F3E9CF1C7E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_1606193F43E5A170CB1F4F3E9CF12AF8_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_1606193F43E5A170CB1F4F3E9CF12AF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total shareholder equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_1606193F43E5A170CB1F4F3E9CF12AF8_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_1606193F43E5A170CB1F4F3E9CF12AF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_1606193F43E5A170CB1F4F3E9CF12AF8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_1606193F43E5A170CB1F4F3E9CF12AF8" xlink:to="lab_us-gaap_StockholdersEquity_1606193F43E5A170CB1F4F3E9CF12AF8" xlink:type="arc" />
    <link:label id="lab_pnw_ShareholderEquityAndLongTermDebtAndCurrentMaturities_FE8927D7681FAB937DCB4F3E9CF116B5_terseLabel_en-US" xlink:label="lab_pnw_ShareholderEquityAndLongTermDebtAndCurrentMaturities_FE8927D7681FAB937DCB4F3E9CF116B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total capitalization</link:label>
    <link:label id="lab_pnw_ShareholderEquityAndLongTermDebtAndCurrentMaturities_FE8927D7681FAB937DCB4F3E9CF116B5_label_en-US" xlink:label="lab_pnw_ShareholderEquityAndLongTermDebtAndCurrentMaturities_FE8927D7681FAB937DCB4F3E9CF116B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shareholder Equity and Long Term Debt and Current Maturities</link:label>
    <link:label id="lab_pnw_ShareholderEquityAndLongTermDebtAndCurrentMaturities_FE8927D7681FAB937DCB4F3E9CF116B5_documentation_en-US" xlink:label="lab_pnw_ShareholderEquityAndLongTermDebtAndCurrentMaturities_FE8927D7681FAB937DCB4F3E9CF116B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The sum of total shareholder equity and long-term debt less current maturities, including a portion of APS' current maturities of long-term debt.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ShareholderEquityAndLongTermDebtAndCurrentMaturities" xlink:label="loc_pnw_ShareholderEquityAndLongTermDebtAndCurrentMaturities_FE8927D7681FAB937DCB4F3E9CF116B5" xlink:type="locator" />
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    <link:label id="lab_pnw_MercuryandAirToxicStandardsMember_DD6ED163A0F8DC04480134C98F148375_documentation_en-US" xlink:label="lab_pnw_MercuryandAirToxicStandardsMember_DD6ED163A0F8DC04480134C98F148375" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mercury and Air Toxic Standards [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_MercuryandAirToxicStandardsMember" xlink:label="loc_pnw_MercuryandAirToxicStandardsMember_DD6ED163A0F8DC04480134C98F148375" xlink:type="locator" />
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    <link:label id="lab_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8_terseLabel_en-US" xlink:label="lab_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Coal combustion waste</link:label>
    <link:label id="lab_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8_label_en-US" xlink:label="lab_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Coal Combustion Waste [Member]</link:label>
    <link:label id="lab_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8_documentation_en-US" xlink:label="lab_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Coal Combustion Waste [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_CoalCombustionWasteMember" xlink:label="loc_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8" xlink:to="lab_pnw_CoalCombustionWasteMember_68BA401EA30D46AA2CFE34C98F14D4D8" xlink:type="arc" />
    <link:label id="lab_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7_terseLabel_en-US" xlink:label="lab_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Navajo Plant</link:label>
    <link:label id="lab_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7_label_en-US" xlink:label="lab_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Navajo Generating Station [Member]</link:label>
    <link:label id="lab_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7_documentation_en-US" xlink:label="lab_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represent information pertaining to Navajo Generating Station.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_NavajoGeneratingStationMember" xlink:label="loc_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7" xlink:to="lab_pnw_NavajoGeneratingStationMember_FE66CFB915A7610D4FC734C98F1429E7" xlink:type="arc" />
    <link:label id="lab_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8_terseLabel_en-US" xlink:label="lab_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cholla</link:label>
    <link:label id="lab_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8_label_en-US" xlink:label="lab_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cholla [Member]</link:label>
    <link:label id="lab_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8_documentation_en-US" xlink:label="lab_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represent information pertaining to Cholla.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ChollaMember" xlink:label="loc_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8" xlink:to="lab_pnw_ChollaMember_05852A632D5A0CD14F1E34C98F14A1E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_LetterOfCreditMember_B5A8AB994670D5C82BA434C98F149BC3_verboseLabel_en-US" xlink:label="lab_us-gaap_LetterOfCreditMember_B5A8AB994670D5C82BA434C98F149BC3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Letter of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LetterOfCreditMember" xlink:label="loc_us-gaap_LetterOfCreditMember_B5A8AB994670D5C82BA434C98F149BC3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LetterOfCreditMember_B5A8AB994670D5C82BA434C98F149BC3" xlink:to="lab_us-gaap_LetterOfCreditMember_B5A8AB994670D5C82BA434C98F149BC3" xlink:type="arc" />
    <link:label id="lab_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA_terseLabel_en-US" xlink:label="lab_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Natural gas tolling contract obligations</link:label>
    <link:label id="lab_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA_label_en-US" xlink:label="lab_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Natural Gas Tolling Letter of Credit [Member]</link:label>
    <link:label id="lab_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA_documentation_en-US" xlink:label="lab_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A document typically issued by a financial institution which acts as a guarantee of payment to a beneficiary, or as the source of payment for a specific transaction to natural gas tolling contract obligations as of the reporting date.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_NaturalGasTollingLetterOfCreditMember" xlink:label="loc_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA" xlink:to="lab_pnw_NaturalGasTollingLetterOfCreditMember_82C27720703A4312332C34C98F14E4CA" xlink:type="arc" />
    <link:label id="lab_pnw_LettersofCreditExpiringin2017Member_0E04FC5B3223AD6C9E3F34C98F157AFC_terseLabel_en-US" xlink:label="lab_pnw_LettersofCreditExpiringin2017Member_0E04FC5B3223AD6C9E3F34C98F157AFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Letters of Credit Expiring in 2017</link:label>
    <link:label id="lab_pnw_LettersofCreditExpiringin2017Member_0E04FC5B3223AD6C9E3F34C98F157AFC_label_en-US" xlink:label="lab_pnw_LettersofCreditExpiringin2017Member_0E04FC5B3223AD6C9E3F34C98F157AFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letters of Credit Expiring in 2017 [Member]</link:label>
    <link:label id="lab_pnw_LettersofCreditExpiringin2017Member_0E04FC5B3223AD6C9E3F34C98F157AFC_documentation_en-US" xlink:label="lab_pnw_LettersofCreditExpiringin2017Member_0E04FC5B3223AD6C9E3F34C98F157AFC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Letters of Credit Expiring in 2017 [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_LettersofCreditExpiringin2017Member" xlink:label="loc_pnw_LettersofCreditExpiringin2017Member_0E04FC5B3223AD6C9E3F34C98F157AFC" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LitigationCaseAxis_060A05739F07CCFDB4BE34C98F15D247_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationCaseAxis_060A05739F07CCFDB4BE34C98F15D247" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation Case [Axis]</link:label>
    <link:label id="lab_us-gaap_LitigationCaseAxis_060A05739F07CCFDB4BE34C98F15D247_label_en-US" xlink:label="lab_us-gaap_LitigationCaseAxis_060A05739F07CCFDB4BE34C98F15D247" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Case [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationCaseAxis" xlink:label="loc_us-gaap_LitigationCaseAxis_060A05739F07CCFDB4BE34C98F15D247" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LitigationCaseTypeDomain_D2FB0A9C344855E6DD9534C98F15A17E_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationCaseTypeDomain_D2FB0A9C344855E6DD9534C98F15A17E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation Case [Domain]</link:label>
    <link:label id="lab_us-gaap_LitigationCaseTypeDomain_D2FB0A9C344855E6DD9534C98F15A17E_label_en-US" xlink:label="lab_us-gaap_LitigationCaseTypeDomain_D2FB0A9C344855E6DD9534C98F15A17E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Case [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationCaseTypeDomain" xlink:label="loc_us-gaap_LitigationCaseTypeDomain_D2FB0A9C344855E6DD9534C98F15A17E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationCaseTypeDomain_D2FB0A9C344855E6DD9534C98F15A17E" xlink:to="lab_us-gaap_LitigationCaseTypeDomain_D2FB0A9C344855E6DD9534C98F15A17E" xlink:type="arc" />
    <link:label id="lab_pnw_NewMexicoTaxMatterMember_C229D3BDAE6C25D4C8F134C98F157D35_terseLabel_en-US" xlink:label="lab_pnw_NewMexicoTaxMatterMember_C229D3BDAE6C25D4C8F134C98F157D35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Mexico Tax Matter</link:label>
    <link:label id="lab_pnw_NewMexicoTaxMatterMember_C229D3BDAE6C25D4C8F134C98F157D35_label_en-US" xlink:label="lab_pnw_NewMexicoTaxMatterMember_C229D3BDAE6C25D4C8F134C98F157D35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Mexico Tax Matter [Member]</link:label>
    <link:label id="lab_pnw_NewMexicoTaxMatterMember_C229D3BDAE6C25D4C8F134C98F157D35_documentation_en-US" xlink:label="lab_pnw_NewMexicoTaxMatterMember_C229D3BDAE6C25D4C8F134C98F157D35" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represent information pertaining to New Mexico Tax Matter.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_NewMexicoTaxMatterMember" xlink:label="loc_pnw_NewMexicoTaxMatterMember_C229D3BDAE6C25D4C8F134C98F157D35" xlink:type="locator" />
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    <link:label id="lab_us-gaap_SiteContingencyLineItems_930D164E98968BB5A2EC34C98F15EDA6_terseLabel_en-US" xlink:label="lab_us-gaap_SiteContingencyLineItems_930D164E98968BB5A2EC34C98F15EDA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Environmental Matters</link:label>
    <link:label id="lab_us-gaap_SiteContingencyLineItems_930D164E98968BB5A2EC34C98F15EDA6_label_en-US" xlink:label="lab_us-gaap_SiteContingencyLineItems_930D164E98968BB5A2EC34C98F15EDA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Site Contingency [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SiteContingencyLineItems" xlink:label="loc_us-gaap_SiteContingencyLineItems_930D164E98968BB5A2EC34C98F15EDA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SiteContingencyLineItems_930D164E98968BB5A2EC34C98F15EDA6" xlink:to="lab_us-gaap_SiteContingencyLineItems_930D164E98968BB5A2EC34C98F15EDA6" xlink:type="arc" />
    <link:label id="lab_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739_terseLabel_en-US" xlink:label="lab_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of share of cost of control</link:label>
    <link:label id="lab_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739_label_en-US" xlink:label="lab_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of Share of Cost of Control</link:label>
    <link:label id="lab_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739_documentation_en-US" xlink:label="lab_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the percentage of share of the cost of control acquired by the entity.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PercentageOfShareOfCostOfControl" xlink:label="loc_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739" xlink:to="lab_pnw_PercentageOfShareOfCostOfControl_4F3E0BE1451F766D5F3534C98F15E739" xlink:type="arc" />
    <link:label id="lab_us-gaap_SiteContingencyLossExposureNotAccruedBestEstimate_76DA4A2C015AC83BF6E334C98F150363_terseLabel_en-US" xlink:label="lab_us-gaap_SiteContingencyLossExposureNotAccruedBestEstimate_76DA4A2C015AC83BF6E334C98F150363" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected environmental cost</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SiteContingencyLossExposureNotAccruedBestEstimate" xlink:label="loc_us-gaap_SiteContingencyLossExposureNotAccruedBestEstimate_76DA4A2C015AC83BF6E334C98F150363" xlink:type="locator" />
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    <link:label id="lab_pnw_AssetPurchaseAgreementAdditionalPercentageShareofCostofControl_C3B51A16AFD9F63842A534C98F1533A9_terseLabel_en-US" xlink:label="lab_pnw_AssetPurchaseAgreementAdditionalPercentageShareofCostofControl_C3B51A16AFD9F63842A534C98F1533A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional percentage share of cost of control</link:label>
    <link:label id="lab_pnw_AssetPurchaseAgreementAdditionalPercentageShareofCostofControl_C3B51A16AFD9F63842A534C98F1533A9_label_en-US" xlink:label="lab_pnw_AssetPurchaseAgreementAdditionalPercentageShareofCostofControl_C3B51A16AFD9F63842A534C98F1533A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Purchase Agreement, Additional Percentage Share of Cost of Control</link:label>
    <link:label id="lab_pnw_AssetPurchaseAgreementAdditionalPercentageShareofCostofControl_C3B51A16AFD9F63842A534C98F1533A9_documentation_en-US" xlink:label="lab_pnw_AssetPurchaseAgreementAdditionalPercentageShareofCostofControl_C3B51A16AFD9F63842A534C98F1533A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Purchase Agreement, Additional Percentage Share of Cost of Control</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AssetPurchaseAgreementAdditionalPercentageShareofCostofControl" xlink:label="loc_pnw_AssetPurchaseAgreementAdditionalPercentageShareofCostofControl_C3B51A16AFD9F63842A534C98F1533A9" xlink:type="locator" />
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    <link:label id="lab_pnw_AssetPurchaseAgreementSiteContingencyIncreaseinLossExposureNotAccruedBestEstimate_46AFE7C41F70ED1A343A34C98F15A226_documentation_en-US" xlink:label="lab_pnw_AssetPurchaseAgreementSiteContingencyIncreaseinLossExposureNotAccruedBestEstimate_46AFE7C41F70ED1A343A34C98F15A226" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Purchase Agreement, Site Contingency, Increase in Loss Exposure Not Accrued, Best Estimate</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AssetPurchaseAgreementSiteContingencyIncreaseinLossExposureNotAccruedBestEstimate" xlink:label="loc_pnw_AssetPurchaseAgreementSiteContingencyIncreaseinLossExposureNotAccruedBestEstimate_46AFE7C41F70ED1A343A34C98F15A226" xlink:type="locator" />
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    <link:label id="lab_pnw_CleanPowerPlanOptionalExtensionPeriod_81B75DB8BDA537EDBDAD34C98F152719_terseLabel_en-US" xlink:label="lab_pnw_CleanPowerPlanOptionalExtensionPeriod_81B75DB8BDA537EDBDAD34C98F152719" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Clean power plan, optional extension period</link:label>
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    <link:label id="lab_pnw_CleanPowerPlanOptionalExtensionPeriod_81B75DB8BDA537EDBDAD34C98F152719_documentation_en-US" xlink:label="lab_pnw_CleanPowerPlanOptionalExtensionPeriod_81B75DB8BDA537EDBDAD34C98F152719" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Clean Power Plan, Optional Extension Period</link:label>
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    <link:loc xlink:href="pnw-20160331.xsd#pnw_LossContingencyCoalSeveranceSurtaxPenaltyAndInterest" xlink:label="loc_pnw_LossContingencyCoalSeveranceSurtaxPenaltyAndInterest_7D65BAB251D7FD411E7734C98F157055" xlink:type="locator" />
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    <link:label id="lab_pnw_LossContingencyAssessmentShare_4724197ED1E828B67E7134C98F1AFAE5_terseLabel_en-US" xlink:label="lab_pnw_LossContingencyAssessmentShare_4724197ED1E828B67E7134C98F1AFAE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share of the assessment</link:label>
    <link:label id="lab_pnw_LossContingencyAssessmentShare_4724197ED1E828B67E7134C98F1AFAE5_label_en-US" xlink:label="lab_pnw_LossContingencyAssessmentShare_4724197ED1E828B67E7134C98F1AFAE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency Assessment Share</link:label>
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    <link:label id="lab_pnw_LossContingencyPartialPaymentofAssessment_2811843D13F676A6A4EC34E432F0AE6C_terseLabel_en-US" xlink:label="lab_pnw_LossContingencyPartialPaymentofAssessment_2811843D13F676A6A4EC34E432F0AE6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partial payment of assessment</link:label>
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    <link:label id="lab_pnw_LossContingencyPartialPaymentofAssessment_2811843D13F676A6A4EC34E432F0AE6C_documentation_en-US" xlink:label="lab_pnw_LossContingencyPartialPaymentofAssessment_2811843D13F676A6A4EC34E432F0AE6C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Contingency, Partial Payment of Assessment</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_LossContingencyPartialPaymentofAssessment" xlink:label="loc_pnw_LossContingencyPartialPaymentofAssessment_2811843D13F676A6A4EC34E432F0AE6C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LitigationSettlementAmount_1FA078FB790F8975C99434C98F1AFF16_terseLabel_en-US" xlink:label="lab_us-gaap_LitigationSettlementAmount_1FA078FB790F8975C99434C98F1AFF16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation settlement awarded (against), amount</link:label>
    <link:label id="lab_us-gaap_LitigationSettlementAmount_1FA078FB790F8975C99434C98F1AFF16_label_en-US" xlink:label="lab_us-gaap_LitigationSettlementAmount_1FA078FB790F8975C99434C98F1AFF16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Settlement, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationSettlementAmount" xlink:label="loc_us-gaap_LitigationSettlementAmount_1FA078FB790F8975C99434C98F1AFF16" xlink:type="locator" />
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    <link:label id="lab_pnw_FinancialAssurancesAbstract_696577536CCE98CF579D34C98F1AE3A6_terseLabel_en-US" xlink:label="lab_pnw_FinancialAssurancesAbstract_696577536CCE98CF579D34C98F1AE3A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Assurances</link:label>
    <link:label id="lab_pnw_FinancialAssurancesAbstract_696577536CCE98CF579D34C98F1AE3A6_label_en-US" xlink:label="lab_pnw_FinancialAssurancesAbstract_696577536CCE98CF579D34C98F1AE3A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Assurances [Abstract]</link:label>
    <link:label id="lab_pnw_FinancialAssurancesAbstract_696577536CCE98CF579D34C98F1AE3A6_documentation_en-US" xlink:label="lab_pnw_FinancialAssurancesAbstract_696577536CCE98CF579D34C98F1AE3A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="pnw-20160331.xsd#pnw_FinancialAssurancesAbstract" xlink:label="loc_pnw_FinancialAssurancesAbstract_696577536CCE98CF579D34C98F1AE3A6" xlink:type="locator" />
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    <link:label id="lab_pnw_NumberOfLettersOfCreditExpiring_F1121E2535841D2E57E734C98F1B62E9_terseLabel_en-US" xlink:label="lab_pnw_NumberOfLettersOfCreditExpiring_F1121E2535841D2E57E734C98F1B62E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of letters of credit expiring</link:label>
    <link:label id="lab_pnw_NumberOfLettersOfCreditExpiring_F1121E2535841D2E57E734C98F1B62E9_label_en-US" xlink:label="lab_pnw_NumberOfLettersOfCreditExpiring_F1121E2535841D2E57E734C98F1B62E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Letters of Credit Expiring</link:label>
    <link:label id="lab_pnw_NumberOfLettersOfCreditExpiring_F1121E2535841D2E57E734C98F1B62E9_documentation_en-US" xlink:label="lab_pnw_NumberOfLettersOfCreditExpiring_F1121E2535841D2E57E734C98F1B62E9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of letters of credit expiring.</link:label>
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    <link:label id="lab_us-gaap_OtherIncomeAndExpensesAbstract_54D1677A58233C01F9740BEE10A37AD2_label_en-US" xlink:label="lab_us-gaap_OtherIncomeAndExpensesAbstract_54D1677A58233C01F9740BEE10A37AD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Income and Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherIncomeAndExpensesAbstract" xlink:label="loc_us-gaap_OtherIncomeAndExpensesAbstract_54D1677A58233C01F9740BEE10A37AD2" xlink:type="locator" />
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    <link:label id="lab_pnw_ComponentOfOtherIncomeAndOtherExpenseNonoperatingTable_BEC9AF71301193C3CBB40BEE10A3ED49_terseLabel_en-US" xlink:label="lab_pnw_ComponentOfOtherIncomeAndOtherExpenseNonoperatingTable_BEC9AF71301193C3CBB40BEE10A3ED49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Component of Other Income and Other Expense Nonoperating [Table]</link:label>
    <link:label id="lab_pnw_ComponentOfOtherIncomeAndOtherExpenseNonoperatingTable_BEC9AF71301193C3CBB40BEE10A3ED49_label_en-US" xlink:label="lab_pnw_ComponentOfOtherIncomeAndOtherExpenseNonoperatingTable_BEC9AF71301193C3CBB40BEE10A3ED49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Component of Other Income and Other Expense Nonoperating [Table]</link:label>
    <link:label id="lab_pnw_ComponentOfOtherIncomeAndOtherExpenseNonoperatingTable_BEC9AF71301193C3CBB40BEE10A3ED49_documentation_en-US" xlink:label="lab_pnw_ComponentOfOtherIncomeAndOtherExpenseNonoperatingTable_BEC9AF71301193C3CBB40BEE10A3ED49" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provides a description and amount of each detailed component of other nonoperating income and expenses.</link:label>
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    <link:loc xlink:href="pnw-20160331.xsd#pnw_ComponentofOtherIncomeandOtherExpenseNonoperatingLineItems" xlink:label="loc_pnw_ComponentofOtherIncomeandOtherExpenseNonoperatingLineItems_FF3475E1C0D1195E9ABD0BEE10A3E1D8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_023DB65A0510CA9568BE0BEE10A48DC1_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeAndOtherExpenseDisclosureTextBlock_023DB65A0510CA9568BE0BEE10A48DC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Income and Other Expense</link:label>
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    <link:label id="lab_us-gaap_OtherNonoperatingIncome_D91F6C7B8841E9E0B8DD0BEE10C73621_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncome_D91F6C7B8841E9E0B8DD0BEE10C73621" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income (Note 8)</link:label>
    <link:label id="lab_us-gaap_OtherNonoperatingIncome_D91F6C7B8841E9E0B8DD0BEE10C73621_label_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncome_D91F6C7B8841E9E0B8DD0BEE10C73621" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Nonoperating Income</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNonoperatingIncome_D91F6C7B8841E9E0B8DD0BEE10C73621" xlink:to="lab_us-gaap_OtherNonoperatingIncome_D91F6C7B8841E9E0B8DD0BEE10C73621" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherNonoperatingExpense_F8FDBB88AF8E811AD7EC0BEE10C7DD2C_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherNonoperatingExpense_F8FDBB88AF8E811AD7EC0BEE10C7DD2C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other expense (Note 8)</link:label>
    <link:label id="lab_us-gaap_OtherNonoperatingExpense_F8FDBB88AF8E811AD7EC0BEE10C7DD2C_label_en-US" xlink:label="lab_us-gaap_OtherNonoperatingExpense_F8FDBB88AF8E811AD7EC0BEE10C7DD2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Nonoperating Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherNonoperatingExpense" xlink:label="loc_us-gaap_OtherNonoperatingExpense_F8FDBB88AF8E811AD7EC0BEE10C7DD2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNonoperatingExpense_F8FDBB88AF8E811AD7EC0BEE10C7DD2C" xlink:to="lab_us-gaap_OtherNonoperatingExpense_F8FDBB88AF8E811AD7EC0BEE10C7DD2C" xlink:type="arc" />
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_1C0DF3BEDCE69E3841E70BEE10C77E29_totalLabel_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_1C0DF3BEDCE69E3841E70BEE10C77E29" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_NonoperatingIncomeExpense_1C0DF3BEDCE69E3841E70BEE10C77E29_label_en-US" xlink:label="lab_us-gaap_NonoperatingIncomeExpense_1C0DF3BEDCE69E3841E70BEE10C77E29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nonoperating Income (Expense)</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NonoperatingIncomeExpense_1C0DF3BEDCE69E3841E70BEE10C77E29" xlink:to="lab_us-gaap_NonoperatingIncomeExpense_1C0DF3BEDCE69E3841E70BEE10C77E29" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpenseAbstract_EA0F54760E7A4B0880CD0BEE10C7D02E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract_EA0F54760E7A4B0880CD0BEE10C7D02E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INTEREST EXPENSE</link:label>
    <link:label id="lab_us-gaap_InterestExpenseAbstract_EA0F54760E7A4B0880CD0BEE10C7D02E_label_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract_EA0F54760E7A4B0880CD0BEE10C7D02E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseAbstract" xlink:label="loc_us-gaap_InterestExpenseAbstract_EA0F54760E7A4B0880CD0BEE10C7D02E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseAbstract_EA0F54760E7A4B0880CD0BEE10C7D02E" xlink:to="lab_us-gaap_InterestExpenseAbstract_EA0F54760E7A4B0880CD0BEE10C7D02E" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestCostsIncurred_F5BE3371092C64F124930BEE10C7AE2C_terseLabel_en-US" xlink:label="lab_us-gaap_InterestCostsIncurred_F5BE3371092C64F124930BEE10C7AE2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest charges</link:label>
    <link:label id="lab_us-gaap_InterestCostsIncurred_F5BE3371092C64F124930BEE10C7AE2C_label_en-US" xlink:label="lab_us-gaap_InterestCostsIncurred_F5BE3371092C64F124930BEE10C7AE2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Costs Incurred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestCostsIncurred" xlink:label="loc_us-gaap_InterestCostsIncurred_F5BE3371092C64F124930BEE10C7AE2C" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InterestExpenseLongTermDebt_56269FC0476A35B468870BEE10C72AD2_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_56269FC0476A35B468870BEE10C72AD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on long-term debt</link:label>
    <link:label id="lab_us-gaap_InterestExpenseLongTermDebt_56269FC0476A35B468870BEE10C72AD2_label_en-US" xlink:label="lab_us-gaap_InterestExpenseLongTermDebt_56269FC0476A35B468870BEE10C72AD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseLongTermDebt" xlink:label="loc_us-gaap_InterestExpenseLongTermDebt_56269FC0476A35B468870BEE10C72AD2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseLongTermDebt_56269FC0476A35B468870BEE10C72AD2" xlink:to="lab_us-gaap_InterestExpenseLongTermDebt_56269FC0476A35B468870BEE10C72AD2" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpenseShortTermBorrowings_B53D3608D448D255C4740BEE10C7CF02_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseShortTermBorrowings_B53D3608D448D255C4740BEE10C7CF02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on short-term borrowings</link:label>
    <link:label id="lab_us-gaap_InterestExpenseShortTermBorrowings_B53D3608D448D255C4740BEE10C7CF02_label_en-US" xlink:label="lab_us-gaap_InterestExpenseShortTermBorrowings_B53D3608D448D255C4740BEE10C7CF02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Short-term Borrowings</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpenseShortTermBorrowings" xlink:label="loc_us-gaap_InterestExpenseShortTermBorrowings_B53D3608D448D255C4740BEE10C7CF02" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_9ADDF1CCE0B7412BEA1E0BEE10C7EBC2_terseLabel_en-US" xlink:label="lab_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_9ADDF1CCE0B7412BEA1E0BEE10C7EBC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt discount, premium and expense</link:label>
    <link:label id="lab_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_9ADDF1CCE0B7412BEA1E0BEE10C7EBC2_label_en-US" xlink:label="lab_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_9ADDF1CCE0B7412BEA1E0BEE10C7EBC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Related Commitment Fees and Debt Issuance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts" xlink:label="loc_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_9ADDF1CCE0B7412BEA1E0BEE10C7EBC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_9ADDF1CCE0B7412BEA1E0BEE10C7EBC2" xlink:to="lab_us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts_9ADDF1CCE0B7412BEA1E0BEE10C7EBC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest_24EB3660C4A03AA8F27C0BEE10C7BE37_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest_24EB3660C4A03AA8F27C0BEE10C7BE37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allowance for borrowed funds used during construction</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest_24EB3660C4A03AA8F27C0BEE10C7BE37_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest_24EB3660C4A03AA8F27C0BEE10C7BE37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance for Funds Used During Construction, Capitalized Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest" xlink:label="loc_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest_24EB3660C4A03AA8F27C0BEE10C7BE37" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest_24EB3660C4A03AA8F27C0BEE10C7BE37" xlink:to="lab_us-gaap_PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedInterest_24EB3660C4A03AA8F27C0BEE10C7BE37" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpense_CB150CA092CBC224EC9C0BEE10C8079D_totalLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_CB150CA092CBC224EC9C0BEE10C8079D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_us-gaap_InterestExpense_CB150CA092CBC224EC9C0BEE10C8079D_label_en-US" xlink:label="lab_us-gaap_InterestExpense_CB150CA092CBC224EC9C0BEE10C8079D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_CB150CA092CBC224EC9C0BEE10C8079D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_CB150CA092CBC224EC9C0BEE10C8079D" xlink:to="lab_us-gaap_InterestExpense_CB150CA092CBC224EC9C0BEE10C8079D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6BA74225607090C7D7990BEE10C834B4_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6BA74225607090C7D7990BEE10C834B4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">INCOME BEFORE INCOME TAXES</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6BA74225607090C7D7990BEE10C834B4_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6BA74225607090C7D7990BEE10C834B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_6BA74225607090C7D7990BEE10C834B4" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_07B700D73E34E3AF7D690BEE10C8BC46_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_07B700D73E34E3AF7D690BEE10C8BC46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INCOME TAXES</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_07B700D73E34E3AF7D690BEE10C8BC46_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_07B700D73E34E3AF7D690BEE10C8BC46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
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    <link:label id="lab_us-gaap_ProfitLoss_5CD58E5BB328B0A13E7A0BEE10C8D3D9_totalLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_5CD58E5BB328B0A13E7A0BEE10C8D3D9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">NET INCOME</link:label>
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    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_492DD03034D1890A9AB60BEE10C875CB_verboseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_492DD03034D1890A9AB60BEE10C875CB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Less: Net income attributable to noncontrolling interests (Note 5)</link:label>
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    <link:label id="lab_pnw_PowerOutageCapacityofTransmissionLinethatTrippedoutofService_1E1E088D1BF86933E0E715925D212685_terseLabel_en-US" xlink:label="lab_pnw_PowerOutageCapacityofTransmissionLinethatTrippedoutofService_1E1E088D1BF86933E0E715925D212685" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capacity of transmission line that tripped out of service (in kV)</link:label>
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    <link:label id="lab_pnw_PowerOutagePeriodOverWhichGenerationAndTransmissionResourcesWereLost_15DD4D79FAC48C41D8CF15925D2184C3_documentation_en-US" xlink:label="lab_pnw_PowerOutagePeriodOverWhichGenerationAndTransmissionResourcesWereLost_15DD4D79FAC48C41D8CF15925D2184C3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the period, after the transmission line went off-line, until the generation and transmission resources were lost in the power outage.</link:label>
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    <link:label id="lab_pnw_PowerOutageNumberOfCustomersLosingService_CC0ABE9E66F7CBB8437915925D217EE9_terseLabel_en-US" xlink:label="lab_pnw_PowerOutageNumberOfCustomersLosingService_CC0ABE9E66F7CBB8437915925D217EE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of customers losing service in Yuma area</link:label>
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    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_335DAEDAE7C902CC02990BEE10D4A80E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_335DAEDAE7C902CC02990BEE10D4A80E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains and losses from derivative instruments in designated cash flow accounting hedges relationships</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_335DAEDAE7C902CC02990BEE10D4A80E" xlink:to="lab_us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock_335DAEDAE7C902CC02990BEE10D4A80E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_F2509ED8E7B7CB8323DE0BEE10D4A257_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_F2509ED8E7B7CB8323DE0BEE10D4A257" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains and losses from derivative instruments not designated as accounting hedges instruments</link:label>
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    <link:label id="lab_us-gaap_OffsettingAssetsTableTextBlock_6548746200F34656D0800BEE10D46B9F_terseLabel_en-US" xlink:label="lab_us-gaap_OffsettingAssetsTableTextBlock_6548746200F34656D0800BEE10D46B9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of offsetting assets</link:label>
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    <link:label id="lab_us-gaap_OffsettingLiabilitiesTableTextBlock_260A1401687794BC30EF0BEE10D40156_terseLabel_en-US" xlink:label="lab_us-gaap_OffsettingLiabilitiesTableTextBlock_260A1401687794BC30EF0BEE10D40156" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of offsetting liabilities</link:label>
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    <link:label id="lab_us-gaap_PublicUtilitiesRegulatoryProceedingDomain_44D68C8C9523632FAA233F64A918E235_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesRegulatoryProceedingDomain_44D68C8C9523632FAA233F64A918E235" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, Regulatory Proceeding [Domain]</link:label>
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    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9_terseLabel_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RES</link:label>
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9_label_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Arizona Renewable Energy Standard and Tariff [Member]</link:label>
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9_documentation_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the RES program which permits a surcharge as part of customer bills to recover approved amounts for use in renewable energy projects.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ArizonaRenewableEnergyStandardAndTariffMember" xlink:label="loc_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9" xlink:to="lab_pnw_ArizonaRenewableEnergyStandardAndTariffMember_348FA2811BDECDC052D03F64A91832A9" xlink:type="arc" />
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030_terseLabel_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2014 RES</link:label>
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030_label_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Arizona Renewable Energy Standard and Tariff 2014 [Member]</link:label>
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030_documentation_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the RES program, which permits a surcharge for 2014 as a part of customer bills to recover approved amounts for use in renewable energy projects.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ArizonaRenewableEnergyStandardAndTariff2014Member" xlink:label="loc_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030" xlink:to="lab_pnw_ArizonaRenewableEnergyStandardAndTariff2014Member_8473048AB51058C1E3F73F64A918C030" xlink:type="arc" />
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52_terseLabel_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2015 RES</link:label>
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52_label_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Arizona Renewable Energy Standard and Tariff 2015 [Member]</link:label>
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52_documentation_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Arizona Renewable Energy Standard and Tariff 2015 [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ArizonaRenewableEnergyStandardandTariff2015Member" xlink:label="loc_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52" xlink:to="lab_pnw_ArizonaRenewableEnergyStandardandTariff2015Member_EAB6AF00498BE67495743F64A9184B52" xlink:type="arc" />
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80_terseLabel_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2016 RES</link:label>
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80_label_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Arizona Renewable Energy Standard and Tariff 2016 [Member]</link:label>
    <link:label id="lab_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80_documentation_en-US" xlink:label="lab_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Arizona Renewable Energy Standard and Tariff 2016 [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ArizonaRenewableEnergyStandardandTariff2016Member" xlink:label="loc_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80" xlink:to="lab_pnw_ArizonaRenewableEnergyStandardandTariff2016Member_9EEF1F95669317AEC4B03F64A9180B80" xlink:type="arc" />
    <link:label id="lab_pnw_DemandSideManagementAdjustorCharge2015Member_F0BEBC873989FA65BD0D3F64A9195838_terseLabel_en-US" xlink:label="lab_pnw_DemandSideManagementAdjustorCharge2015Member_F0BEBC873989FA65BD0D3F64A9195838" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2015 DSMAC</link:label>
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    <link:label id="lab_pnw_DemandSideManagementAdjustorCharge2015Member_F0BEBC873989FA65BD0D3F64A9195838_documentation_en-US" xlink:label="lab_pnw_DemandSideManagementAdjustorCharge2015Member_F0BEBC873989FA65BD0D3F64A9195838" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Demand Side Management Adjustor Charge 2015 [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DemandSideManagementAdjustorCharge2015Member" xlink:label="loc_pnw_DemandSideManagementAdjustorCharge2015Member_F0BEBC873989FA65BD0D3F64A9195838" xlink:type="locator" />
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    <link:label id="lab_pnw_DemandSideManagementAdjustorCharge2016Member_5E0647E47396ECAABEE53F64A91968F6_terseLabel_en-US" xlink:label="lab_pnw_DemandSideManagementAdjustorCharge2016Member_5E0647E47396ECAABEE53F64A91968F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2016 DSMAC</link:label>
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    <link:label id="lab_pnw_DemandSideManagementAdjustorCharge2016Member_5E0647E47396ECAABEE53F64A91968F6_documentation_en-US" xlink:label="lab_pnw_DemandSideManagementAdjustorCharge2016Member_5E0647E47396ECAABEE53F64A91968F6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Demand Side Management Adjustor Charge 2016 [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DemandSideManagementAdjustorCharge2016Member" xlink:label="loc_pnw_DemandSideManagementAdjustorCharge2016Member_5E0647E47396ECAABEE53F64A91968F6" xlink:type="locator" />
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    <link:label id="lab_pnw_ElectricEnergyEfficiencyStandardMember_7D4B0A73145537491D7E3F64A9194BB1_terseLabel_en-US" xlink:label="lab_pnw_ElectricEnergyEfficiencyStandardMember_7D4B0A73145537491D7E3F64A9194BB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Electric energy efficiency standard</link:label>
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    <link:label id="lab_pnw_ElectricEnergyEfficiencyStandardMember_7D4B0A73145537491D7E3F64A9194BB1_documentation_en-US" xlink:label="lab_pnw_ElectricEnergyEfficiencyStandardMember_7D4B0A73145537491D7E3F64A9194BB1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Electric Energy Efficiency Standard [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ElectricEnergyEfficiencyStandardMember" xlink:label="loc_pnw_ElectricEnergyEfficiencyStandardMember_7D4B0A73145537491D7E3F64A9194BB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ElectricEnergyEfficiencyStandardMember_7D4B0A73145537491D7E3F64A9194BB1" xlink:to="lab_pnw_ElectricEnergyEfficiencyStandardMember_7D4B0A73145537491D7E3F64A9194BB1" xlink:type="arc" />
    <link:label id="lab_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D_terseLabel_en-US" xlink:label="lab_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Power Supply Adjustor (PSA)</link:label>
    <link:label id="lab_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D_label_en-US" xlink:label="lab_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Power Supply Adjustor [Member]</link:label>
    <link:label id="lab_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D_documentation_en-US" xlink:label="lab_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the Power Supply Adjustment Plan which permits a surcharge for variations in retail fuel and purchased power costs.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PowerSupplyAdjustorMember" xlink:label="loc_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D" xlink:to="lab_pnw_PowerSupplyAdjustorMember_11B3626CA2071C0129AF3F64A919C04D" xlink:type="arc" />
    <link:label id="lab_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D_terseLabel_en-US" xlink:label="lab_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transmission Rates, Transmission Cost Adjustor and Other Transmission Matters</link:label>
    <link:label id="lab_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D_label_en-US" xlink:label="lab_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Open Access Transmission Tariff [Member]</link:label>
    <link:label id="lab_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D_documentation_en-US" xlink:label="lab_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the formula rate-setting methodology to reflect and recover costs incurred in providing transmission services.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_OpenAccessTransmissionTariffMember" xlink:label="loc_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D" xlink:to="lab_pnw_OpenAccessTransmissionTariffMember_5DF68DA635A978B0D0133F64A919351D" xlink:type="arc" />
    <link:label id="lab_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1_terseLabel_en-US" xlink:label="lab_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lost Fixed Cost Recovery Mechanism</link:label>
    <link:label id="lab_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1_label_en-US" xlink:label="lab_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lost Fixed Cost Recovery Mechanisms [Member]</link:label>
    <link:label id="lab_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1_documentation_en-US" xlink:label="lab_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents lost fixed cost recovery mechanism.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_LostFixedCostRecoveryMechanismsMember" xlink:label="loc_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1" xlink:to="lab_pnw_LostFixedCostRecoveryMechanismsMember_4E44B1464CD843ACF98C3F64A91976C1" xlink:type="arc" />
    <link:label id="lab_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D_terseLabel_en-US" xlink:label="lab_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Metering</link:label>
    <link:label id="lab_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D_label_en-US" xlink:label="lab_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Metering [Member]</link:label>
    <link:label id="lab_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D_documentation_en-US" xlink:label="lab_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to the proposed solution to the ACC to fix the cost shift brought by current net metering rules.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_NetMeteringMember" xlink:label="loc_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D" xlink:to="lab_pnw_NetMeteringMember_F52B3D2249F4479FCA793F64A919896D" xlink:type="arc" />
    <link:label id="lab_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F_terseLabel_en-US" xlink:label="lab_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Public Utility, Program [Axis]</link:label>
    <link:label id="lab_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F_label_en-US" xlink:label="lab_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utility, Program [Axis]</link:label>
    <link:label id="lab_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F_documentation_en-US" xlink:label="lab_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Public Utility, Program [Axis]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PublicUtilityProgramAxis" xlink:label="loc_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F" xlink:to="lab_pnw_PublicUtilityProgramAxis_E0E4A71373D57E5855263F64A919FA3F" xlink:type="arc" />
    <link:label id="lab_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E_terseLabel_en-US" xlink:label="lab_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Public Utility, Program [Domain]</link:label>
    <link:label id="lab_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E_label_en-US" xlink:label="lab_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utility, Program [Domain]</link:label>
    <link:label id="lab_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E_documentation_en-US" xlink:label="lab_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Domain] for Public Utility, Program [Axis]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PublicUtilityProgramDomain" xlink:label="loc_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E" xlink:to="lab_pnw_PublicUtilityProgramDomain_08F4D24355ABC894E3643F64A9196A1E" xlink:type="arc" />
    <link:label id="lab_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99_terseLabel_en-US" xlink:label="lab_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AZ Sun Program</link:label>
    <link:label id="lab_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99_label_en-US" xlink:label="lab_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AZ Sun Program [Member]</link:label>
    <link:label id="lab_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99_documentation_en-US" xlink:label="lab_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">AZ Sun Program [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AZSunProgramMember" xlink:label="loc_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99" xlink:to="lab_pnw_AZSunProgramMember_8A7FCD549BC076F4E8233F64A9199E99" xlink:type="arc" />
    <link:label id="lab_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B_terseLabel_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program</link:label>
    <link:label id="lab_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B_label_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program [Member]</link:label>
    <link:label id="lab_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B_documentation_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AlternativetoAZSunProgramMember" xlink:label="loc_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B" xlink:to="lab_pnw_AlternativetoAZSunProgramMember_C475AE062A109D4DE63C3F64A919D11B" xlink:type="arc" />
    <link:label id="lab_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64_terseLabel_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program, Phase 1</link:label>
    <link:label id="lab_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64_label_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program, Phase 1 [Member]</link:label>
    <link:label id="lab_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64_documentation_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program, Phase 1 [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AlternativetoAZSunProgramPhase1Member" xlink:label="loc_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64" xlink:to="lab_pnw_AlternativetoAZSunProgramPhase1Member_6C0A99412311B0EC63F33F64A9193D64" xlink:type="arc" />
    <link:label id="lab_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485_terseLabel_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program Phase 2</link:label>
    <link:label id="lab_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485_label_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program Phase 2 [Member]</link:label>
    <link:label id="lab_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485_documentation_en-US" xlink:label="lab_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Alternative to AZ Sun Program Phase 2 [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AlternativetoAZSunProgramPhase2Member" xlink:label="loc_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485" xlink:to="lab_pnw_AlternativetoAZSunProgramPhase2Member_80EBBF767F5745FE20073F64A9196485" xlink:type="arc" />
    <link:label id="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97_terseLabel_en-US" xlink:label="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Public Utilities Regulatory, Regulatory Matters [Axis]</link:label>
    <link:label id="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97_label_en-US" xlink:label="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities Regulatory, Regulatory Matters [Axis]</link:label>
    <link:label id="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97_documentation_en-US" xlink:label="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information by various regulatory matters.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis" xlink:label="loc_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97" xlink:to="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersAxis_9E92A0A31759D2AB0EAC3F64A9196D97" xlink:type="arc" />
    <link:label id="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145_terseLabel_en-US" xlink:label="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Public Utilities Regulatory, Regulatory Matters [Domain]</link:label>
    <link:label id="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145_label_en-US" xlink:label="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities Regulatory, Regulatory Matters [Domain]</link:label>
    <link:label id="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145_documentation_en-US" xlink:label="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents various regulatory matters.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain" xlink:label="loc_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145" xlink:to="lab_pnw_PublicUtilitiesRegulatoryRegulatoryMattersDomain_314CCCBEDB62F235382D3F64A9195145" xlink:type="arc" />
    <link:label id="lab_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA_terseLabel_en-US" xlink:label="lab_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Filing with the Arizona Corporation Commission</link:label>
    <link:label id="lab_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA_label_en-US" xlink:label="lab_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Filing with Arizona Corporation Commission [Member]</link:label>
    <link:label id="lab_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA_documentation_en-US" xlink:label="lab_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the filing with the Arizona Corporation Commission.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_FilingWithArizonaCorporationCommissionMember" xlink:label="loc_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA" xlink:to="lab_pnw_FilingWithArizonaCorporationCommissionMember_5C8E1CA77945AAA8B0323F64A91939BA" xlink:type="arc" />
    <link:label id="lab_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3_terseLabel_en-US" xlink:label="lab_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost Recovery Mechanisms</link:label>
    <link:label id="lab_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3_label_en-US" xlink:label="lab_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost Recovery Mechanisms [Member]</link:label>
    <link:label id="lab_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3_documentation_en-US" xlink:label="lab_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the cost recovery mechanisms.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_CostRecoveryMechanismsMember" xlink:label="loc_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3" xlink:to="lab_pnw_CostRecoveryMechanismsMember_5A2F3D45AF69DA2CA2B33F64A919B5C3" xlink:type="arc" />
    <link:label id="lab_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763_terseLabel_en-US" xlink:label="lab_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FERC</link:label>
    <link:label id="lab_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763_label_en-US" xlink:label="lab_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">United States Federal Energy Regulatory Commission [Member]</link:label>
    <link:label id="lab_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763_documentation_en-US" xlink:label="lab_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the Federal Energy Regulatory Commission (FERC).</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember" xlink:label="loc_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763" xlink:to="lab_pnw_UnitedStatesFederalEnergyRegulatoryCommissionMember_9ED35BA43D2E78974C233F64A91FE763" xlink:type="arc" />
    <link:label id="lab_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B_terseLabel_en-US" xlink:label="lab_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Arizona Secretary of State</link:label>
    <link:label id="lab_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B_label_en-US" xlink:label="lab_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Arizona Secretary of State [Member]</link:label>
    <link:label id="lab_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B_documentation_en-US" xlink:label="lab_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Arizona Secretary of State [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ArizonaSecretaryofStateMember" xlink:label="loc_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B" xlink:to="lab_pnw_ArizonaSecretaryofStateMember_6E6198AFD996975755813F64A91FA42B" xlink:type="arc" />
    <link:label id="lab_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60_terseLabel_en-US" xlink:label="lab_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Year of Rate Cases [Axis]</link:label>
    <link:label id="lab_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60_label_en-US" xlink:label="lab_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Year of Rate Cases [Axis]</link:label>
    <link:label id="lab_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60_documentation_en-US" xlink:label="lab_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Year for which the rate cases are filed.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_YearOfRateCasesAxis" xlink:label="loc_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60" xlink:to="lab_pnw_YearOfRateCasesAxis_D5C6E5C776B26BAFBD103F64A91F3A60" xlink:type="arc" />
    <link:label id="lab_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE_terseLabel_en-US" xlink:label="lab_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Year of Cases [Domain]</link:label>
    <link:label id="lab_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE_label_en-US" xlink:label="lab_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Year of Cases [Domain]</link:label>
    <link:label id="lab_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE_documentation_en-US" xlink:label="lab_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Year for which the rate cases are filed.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_YearOfCasesDomain" xlink:label="loc_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE" xlink:to="lab_pnw_YearOfCasesDomain_18F9710C6FE04A34A9E83F64A91FDBEE" xlink:type="arc" />
    <link:label id="lab_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7_terseLabel_en-US" xlink:label="lab_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retail rate case filing</link:label>
    <link:label id="lab_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7_label_en-US" xlink:label="lab_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail Rate Case Filing [Member]</link:label>
    <link:label id="lab_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7_documentation_en-US" xlink:label="lab_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the general retail rate case filing.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RetailRateCaseFilingMember" xlink:label="loc_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7" xlink:to="lab_pnw_RetailRateCaseFilingMember_39160C163CA89BECFF153F64A91F13E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_62B70AA4A2A3DC9C32953F64A91F7CD7_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_62B70AA4A2A3DC9C32953F64A91F7CD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Public Utilities, General Disclosures [Line Items]</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_62B70AA4A2A3DC9C32953F64A91F7CD7_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_62B70AA4A2A3DC9C32953F64A91F7CD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, General Disclosures [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PublicUtilitiesGeneralDisclosuresLineItems" xlink:label="loc_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_62B70AA4A2A3DC9C32953F64A91F7CD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_62B70AA4A2A3DC9C32953F64A91F7CD7" xlink:to="lab_us-gaap_PublicUtilitiesGeneralDisclosuresLineItems_62B70AA4A2A3DC9C32953F64A91F7CD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_PublicUtilitiesRequestedRateIncreaseDecreaseAmount_77F6F5EBF0EF458567C93F64A91F7F26_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesRequestedRateIncreaseDecreaseAmount_77F6F5EBF0EF458567C93F64A91F7F26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net retail rate increase</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesRequestedRateIncreaseDecreaseAmount_77F6F5EBF0EF458567C93F64A91F7F26_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesRequestedRateIncreaseDecreaseAmount_77F6F5EBF0EF458567C93F64A91F7F26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, Requested Rate Increase (Decrease), Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PublicUtilitiesRequestedRateIncreaseDecreaseAmount" xlink:label="loc_us-gaap_PublicUtilitiesRequestedRateIncreaseDecreaseAmount_77F6F5EBF0EF458567C93F64A91F7F26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PublicUtilitiesRequestedRateIncreaseDecreaseAmount_77F6F5EBF0EF458567C93F64A91F7F26" xlink:to="lab_us-gaap_PublicUtilitiesRequestedRateIncreaseDecreaseAmount_77F6F5EBF0EF458567C93F64A91F7F26" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203_terseLabel_en-US" xlink:label="lab_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Approximate percentage of increase in the average retail customer bill</link:label>
    <link:label id="lab_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203_label_en-US" xlink:label="lab_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Approximate Percentage of Increase in Average Retail Customer Bill</link:label>
    <link:label id="lab_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203_documentation_en-US" xlink:label="lab_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Approximate percentage of increase in the average retail customer bill due to request for net retail base rate increase.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill" xlink:label="loc_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203" xlink:to="lab_pnw_RateMatterApproximatePercentageOfIncreaseInAverageRetailCustomerBill_6598EAA5462537B0B01F3F64A91F3203" xlink:type="arc" />
    <link:label id="lab_us-gaap_PublicUtilitiesRateMattersApprovedAbstract_23CD6AB800B3721FD4203F64A91F899A_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesRateMattersApprovedAbstract_23CD6AB800B3721FD4203F64A91F899A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settlement Agreement</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesRateMattersApprovedAbstract_23CD6AB800B3721FD4203F64A91F899A_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesRateMattersApprovedAbstract_23CD6AB800B3721FD4203F64A91F899A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, Rate Matters, Approved [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PublicUtilitiesRateMattersApprovedAbstract" xlink:label="loc_us-gaap_PublicUtilitiesRateMattersApprovedAbstract_23CD6AB800B3721FD4203F64A91F899A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PublicUtilitiesRateMattersApprovedAbstract_23CD6AB800B3721FD4203F64A91F899A" xlink:to="lab_us-gaap_PublicUtilitiesRateMattersApprovedAbstract_23CD6AB800B3721FD4203F64A91F899A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PublicUtilitiesApprovedRateIncreaseDecreaseAmount_0C48888D54EAA5988FA23F64A91FE02C_terseLabel_en-US" xlink:label="lab_us-gaap_PublicUtilitiesApprovedRateIncreaseDecreaseAmount_0C48888D54EAA5988FA23F64A91FE02C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net change in base rates</link:label>
    <link:label id="lab_us-gaap_PublicUtilitiesApprovedRateIncreaseDecreaseAmount_0C48888D54EAA5988FA23F64A91FE02C_label_en-US" xlink:label="lab_us-gaap_PublicUtilitiesApprovedRateIncreaseDecreaseAmount_0C48888D54EAA5988FA23F64A91FE02C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, Approved Rate Increase (Decrease), Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PublicUtilitiesApprovedRateIncreaseDecreaseAmount" xlink:label="loc_us-gaap_PublicUtilitiesApprovedRateIncreaseDecreaseAmount_0C48888D54EAA5988FA23F64A91FE02C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PublicUtilitiesApprovedRateIncreaseDecreaseAmount_0C48888D54EAA5988FA23F64A91FE02C" xlink:to="lab_us-gaap_PublicUtilitiesApprovedRateIncreaseDecreaseAmount_0C48888D54EAA5988FA23F64A91FE02C" xlink:type="arc" />
    <link:label id="lab_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8_terseLabel_en-US" xlink:label="lab_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-fuel base rate increase</link:label>
    <link:label id="lab_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8_label_en-US" xlink:label="lab_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlement Agreement, Non Fuel Base Rate, Increase</link:label>
    <link:label id="lab_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8_documentation_en-US" xlink:label="lab_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of increase in non-fuel base rates as per the terms of the settlement agreement of a regulatory matter.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SettlementAgreementNonFuelBaseRateIncrease" xlink:label="loc_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8" xlink:to="lab_pnw_SettlementAgreementNonFuelBaseRateIncrease_7CB9ADBD8E693491A24D3F64A92086E8" xlink:type="arc" />
    <link:label id="lab_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2_terseLabel_en-US" xlink:label="lab_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fuel-related base rate decrease</link:label>
    <link:label id="lab_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2_label_en-US" xlink:label="lab_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlement Agreement Fuel Related Base Rate Decrease</link:label>
    <link:label id="lab_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2_documentation_en-US" xlink:label="lab_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of decrease in fuel-related base rates as per the terms of the settlement agreement of a regulatory matter.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SettlementAgreementFuelRelatedBaseRateDecrease" xlink:label="loc_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2" xlink:to="lab_pnw_SettlementAgreementFuelRelatedBaseRateDecrease_14E8EAABF4B22D9C59AC3F64A92033E2" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0_terseLabel_en-US" xlink:label="lab_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current base fuel rate (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0_label_en-US" xlink:label="lab_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Base Fuel Rate Current</link:label>
    <link:label id="lab_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0_documentation_en-US" xlink:label="lab_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the current base rate for fuel and purchased power costs.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterBaseFuelRateCurrent" xlink:label="loc_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0" xlink:to="lab_pnw_RateMatterBaseFuelRateCurrent_BF4F2CD9CF7DD535CA863F64A9207BE0" xlink:type="arc" />
    <link:label id="lab_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD_terseLabel_en-US" xlink:label="lab_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Approved base fuel rate (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD_label_en-US" xlink:label="lab_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlement Agreement Base Fuel Rate Proposed</link:label>
    <link:label id="lab_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD_documentation_en-US" xlink:label="lab_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the base rate for fuel and purchased power costs as per the terms of the settlement agreement of a regulatory matter.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SettlementAgreementBaseFuelRateProposed" xlink:label="loc_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD" xlink:to="lab_pnw_SettlementAgreementBaseFuelRateProposed_F92E7A68FEA8A1EA59C03F64A920F8CD" xlink:type="arc" />
    <link:label id="lab_pnw_SettlementAgreementTransferOfCostRecoveryToBaseRates_46B3C22A422899C6228A3F64A920B0A4_terseLabel_en-US" xlink:label="lab_pnw_SettlementAgreementTransferOfCostRecoveryToBaseRates_46B3C22A422899C6228A3F64A920B0A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated amount of transfer of cost recovery for certain renewable energy projects from the RES surcharge to base rates</link:label>
    <link:label id="lab_pnw_SettlementAgreementTransferOfCostRecoveryToBaseRates_46B3C22A422899C6228A3F64A920B0A4_label_en-US" xlink:label="lab_pnw_SettlementAgreementTransferOfCostRecoveryToBaseRates_46B3C22A422899C6228A3F64A920B0A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlement Agreement Transfer of Cost Recovery to Base Rates</link:label>
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    <link:label id="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesIncreaseYearOne_C4268545482BAC4DBF593F64A9205247_terseLabel_en-US" xlink:label="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesIncreaseYearOne_C4268545482BAC4DBF593F64A9205247" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferral of property taxes in 2012, if Arizona property tax rates increase (as a percent)</link:label>
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    <link:label id="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesIncreaseYearThreeAndThereafter_85A0C9E0E0071570F4A63F64A9208544_terseLabel_en-US" xlink:label="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesIncreaseYearThreeAndThereafter_85A0C9E0E0071570F4A63F64A9208544" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferral of property taxes for 2014 and subsequent years, if Arizona property tax rates increase (as a percent)</link:label>
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    <link:label id="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesIncreaseYearThreeAndThereafter_85A0C9E0E0071570F4A63F64A9208544_documentation_en-US" xlink:label="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesIncreaseYearThreeAndThereafter_85A0C9E0E0071570F4A63F64A9208544" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of deferral of property taxes for year three and thereafter, if Arizona property tax rates increase.</link:label>
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    <link:label id="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesDecrease_4A29D45C1FADB435DE8E3F64A9203E08_terseLabel_en-US" xlink:label="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesDecrease_4A29D45C1FADB435DE8E3F64A9203E08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferral of property taxes in all years, if Arizona property tax rates decrease (as a percent)</link:label>
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    <link:label id="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesDecrease_4A29D45C1FADB435DE8E3F64A9203E08_documentation_en-US" xlink:label="lab_pnw_SettlementAgreementPercentageOfDeferralOfPropertyTaxesIfArizonaPropertyTaxRatesDecrease_4A29D45C1FADB435DE8E3F64A9203E08" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of deferral of property taxes in all years, if Arizona property tax rates decrease.</link:label>
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    <link:label id="lab_pnw_RateMatterFindingsPeriod_A1A4D8F43EB19AC94C713F64A9206A54_label_en-US" xlink:label="lab_pnw_RateMatterFindingsPeriod_A1A4D8F43EB19AC94C713F64A9206A54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Findings Period</link:label>
    <link:label id="lab_pnw_RateMatterFindingsPeriod_A1A4D8F43EB19AC94C713F64A9206A54_documentation_en-US" xlink:label="lab_pnw_RateMatterFindingsPeriod_A1A4D8F43EB19AC94C713F64A9206A54" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The period of time which the staff of the regulatory entity generally requires prior to issuance of its findings.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterFindingsPeriod" xlink:label="loc_pnw_RateMatterFindingsPeriod_A1A4D8F43EB19AC94C713F64A9206A54" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterFindingsPeriod_A1A4D8F43EB19AC94C713F64A9206A54" xlink:to="lab_pnw_RateMatterFindingsPeriod_A1A4D8F43EB19AC94C713F64A9206A54" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC_terseLabel_en-US" xlink:label="lab_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan term</link:label>
    <link:label id="lab_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC_label_en-US" xlink:label="lab_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Plan Term</link:label>
    <link:label id="lab_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC_documentation_en-US" xlink:label="lab_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The period of time covered by a plan to implement a standard enacted by a regulatory authority.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterPlanTerm" xlink:label="loc_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC" xlink:to="lab_pnw_RateMatterPlanTerm_4742A4D2F3A2F6871D873F64A92023AC" xlink:type="arc" />
    <link:label id="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A_terseLabel_en-US" xlink:label="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Request to build additional utility scale solar, capacity</link:label>
    <link:label id="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A_label_en-US" xlink:label="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, Request to Build Additional Utility Scale Solar, Capacity</link:label>
    <link:label id="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A_documentation_en-US" xlink:label="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Public Utilities, Request to Build Additional Utility Scale Solar, Capacity</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity" xlink:label="loc_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A" xlink:to="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarCapacity_AC05A02059B7A53EF4063F64A9206B1A" xlink:type="arc" />
    <link:label id="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085_terseLabel_en-US" xlink:label="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional capacity from APS-owned non AZ Sun projects, impacted customers</link:label>
    <link:label id="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085_label_en-US" xlink:label="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, Request to Build Additional Utility Scale Solar, Number of Customers</link:label>
    <link:label id="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085_documentation_en-US" xlink:label="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Public Utilities, Request to Build Additional Utility Scale Solar, Number of Customers</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers" xlink:label="loc_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085" xlink:to="lab_pnw_PublicUtilitiesRequesttoBuildAdditionalUtilityScaleSolarNumberofCustomers_01618047B2FD3D7D519D3F64A920A085" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B_terseLabel_en-US" xlink:label="lab_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of proposed budget</link:label>
    <link:label id="lab_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B_label_en-US" xlink:label="lab_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Proposed Budget</link:label>
    <link:label id="lab_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B_documentation_en-US" xlink:label="lab_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount of proposed budget.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterProposedBudget" xlink:label="loc_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B" xlink:to="lab_pnw_RateMatterProposedBudget_A46D52984D5AC9BAE9193F64A920794B" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039_terseLabel_en-US" xlink:label="lab_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of approved budget</link:label>
    <link:label id="lab_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039_label_en-US" xlink:label="lab_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Approved Budget</link:label>
    <link:label id="lab_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039_documentation_en-US" xlink:label="lab_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the amount of approved budget.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterApprovedBudget" xlink:label="loc_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039" xlink:to="lab_pnw_RateMatterApprovedBudget_31D585B3E5889873CB523F64A9205039" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841_terseLabel_en-US" xlink:label="lab_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of resource savings projects</link:label>
    <link:label id="lab_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841_label_en-US" xlink:label="lab_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Number of Resource Savings Projects</link:label>
    <link:label id="lab_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841_documentation_en-US" xlink:label="lab_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rate Matter, Number of Resource Savings Projects</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterNumberofResourceSavingsProjects" xlink:label="loc_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841" xlink:to="lab_pnw_RateMatterNumberofResourceSavingsProjects_331CA68A8D3FF8F44EC43F64A9205841" xlink:type="arc" />
    <link:label id="lab_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612_terseLabel_en-US" xlink:label="lab_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of workshops</link:label>
    <link:label id="lab_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612_label_en-US" xlink:label="lab_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Utilities, Cost Effective Energy Efficiency Programs, Number of Workshops</link:label>
    <link:label id="lab_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612_documentation_en-US" xlink:label="lab_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Public Utilities, Cost Effective Energy Efficiency Programs, Number of Workshops</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops" xlink:label="loc_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612" xlink:to="lab_pnw_PublicUtilitiesCostEffectiveEnergyEfficiencyProgramsNumberofWorkshops_BA09992FD7439891481D3F64A920B612" xlink:type="arc" />
    <link:label id="lab_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218_terseLabel_en-US" xlink:label="lab_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in regulatory asset</link:label>
    <link:label id="lab_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218_label_en-US" xlink:label="lab_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Fuel and Purchased Power Regulatory Asset (Liability) [Roll Forward]</link:label>
    <link:label id="lab_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218_documentation_en-US" xlink:label="lab_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward" xlink:label="loc_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218" xlink:to="lab_pnw_DeferredFuelAndPurchasedPowerRegulatoryAssetLiabilityRollForward_0E05B6ED5FADE627E2403F64A9200218" xlink:type="arc" />
    <link:label id="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8_periodStartLabel_en-US" xlink:label="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8_label_en-US" xlink:label="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Fuel and Purchased Power Regulatory Asset (Liability), Current</link:label>
    <link:label id="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8_documentation_en-US" xlink:label="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Fuel and Purchased Power Regulatory Asset (Liability), Current</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent" xlink:label="loc_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8" xlink:to="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_A2023221B3AF6D37C99D3F64A920D0F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInRegulatoryClauseRevenue_68366704B3A78B7E6E863F64A92109C1_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInRegulatoryClauseRevenue_68366704B3A78B7E6E863F64A92109C1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deferred fuel and purchased power costs &#8212; current period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInRegulatoryClauseRevenue" xlink:label="loc_us-gaap_IncreaseDecreaseInRegulatoryClauseRevenue_68366704B3A78B7E6E863F64A92109C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInRegulatoryClauseRevenue_68366704B3A78B7E6E863F64A92109C1" xlink:to="lab_us-gaap_IncreaseDecreaseInRegulatoryClauseRevenue_68366704B3A78B7E6E863F64A92109C1" xlink:type="arc" />
    <link:label id="lab_pnw_IncreaseDecreaseDeferredFuelAndPurchasedPowerAmortization_D096C5E6483CDF93F8633F64A921B918_negatedLabel_en-US" xlink:label="lab_pnw_IncreaseDecreaseDeferredFuelAndPurchasedPowerAmortization_D096C5E6483CDF93F8633F64A921B918" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Amounts charged to customers</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_IncreaseDecreaseDeferredFuelAndPurchasedPowerAmortization" xlink:label="loc_pnw_IncreaseDecreaseDeferredFuelAndPurchasedPowerAmortization_D096C5E6483CDF93F8633F64A921B918" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_IncreaseDecreaseDeferredFuelAndPurchasedPowerAmortization_D096C5E6483CDF93F8633F64A921B918" xlink:to="lab_pnw_IncreaseDecreaseDeferredFuelAndPurchasedPowerAmortization_D096C5E6483CDF93F8633F64A921B918" xlink:type="arc" />
    <link:label id="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_1ABFB956F0BF3733F7343F64A9215167_periodEndLabel_en-US" xlink:label="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_1ABFB956F0BF3733F7343F64A9215167" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent" xlink:label="loc_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_1ABFB956F0BF3733F7343F64A9215167" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_1ABFB956F0BF3733F7343F64A9215167" xlink:to="lab_pnw_DeferredFuelandPurchasedPowerRegulatoryAssetLiabilityCurrent_1ABFB956F0BF3733F7343F64A9215167" xlink:type="arc" />
    <link:label id="lab_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B_terseLabel_en-US" xlink:label="lab_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PSA rate (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B_label_en-US" xlink:label="lab_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PSA Rate</link:label>
    <link:label id="lab_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B_documentation_en-US" xlink:label="lab_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the PSA rate (power supply adjustor) which provides for the adjustment of retail rates to reflect variations in retail fuel and purchased power costs.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PSARate" xlink:label="loc_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B" xlink:to="lab_pnw_PSARate_659E0C2B764B393F848F3F64A9218D5B" xlink:type="arc" />
    <link:label id="lab_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250_terseLabel_en-US" xlink:label="lab_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PSA rate for prior year (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250_label_en-US" xlink:label="lab_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PSA Rate in Prior Years</link:label>
    <link:label id="lab_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250_documentation_en-US" xlink:label="lab_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the PSA rate prior for the prior years (power supply adjustor) which provides for the adjustment of retail rates to reflect variations in retail fuel and purchased power costs.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PSARateInPriorYears" xlink:label="loc_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250" xlink:to="lab_pnw_PSARateInPriorYears_1CF6C899160C4B22462E3F64A921B250" xlink:type="arc" />
    <link:label id="lab_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E_terseLabel_en-US" xlink:label="lab_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward component of increase in PSA (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E_label_en-US" xlink:label="lab_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forward Component of PSA Rate</link:label>
    <link:label id="lab_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E_documentation_en-US" xlink:label="lab_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the forward component of increase in PSA.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ForwardComponentOfPSARate" xlink:label="loc_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E" xlink:to="lab_pnw_ForwardComponentOfPSARate_19108B0DCE9C9183A27F3F64A921A02E" xlink:type="arc" />
    <link:label id="lab_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92_terseLabel_en-US" xlink:label="lab_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Historical component of increase in PSA (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92_label_en-US" xlink:label="lab_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Historical Component of PSA Rate</link:label>
    <link:label id="lab_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92_documentation_en-US" xlink:label="lab_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the historical component of increase in PSA.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_HistoricalComponentOfPSARate" xlink:label="loc_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92" xlink:to="lab_pnw_HistoricalComponentOfPSARate_F635C74A8EF662EBF3313F64A9219F92" xlink:type="arc" />
    <link:label id="lab_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6_terseLabel_en-US" xlink:label="lab_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transition component increase in PSA (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6_label_en-US" xlink:label="lab_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transition Component of PSA Rate</link:label>
    <link:label id="lab_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6_documentation_en-US" xlink:label="lab_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transition Component of PSA Rate</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_TransitionComponentofPSARate" xlink:label="loc_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6" xlink:to="lab_pnw_TransitionComponentofPSARate_D180DF7BD99B779033643F64A92102C6" xlink:type="arc" />
    <link:label id="lab_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC_terseLabel_en-US" xlink:label="lab_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in annual wholesale transmission rates</link:label>
    <link:label id="lab_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC_label_en-US" xlink:label="lab_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matters, Increase in Cost Recovery</link:label>
    <link:label id="lab_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC_documentation_en-US" xlink:label="lab_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase in annual wholesale transmission rates as a result of a regulatory action.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMattersIncreaseInCostRecovery" xlink:label="loc_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC" xlink:to="lab_pnw_RateMattersIncreaseInCostRecovery_F4DDCE4F3955DF03504C3F64A921AFCC" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5_terseLabel_en-US" xlink:label="lab_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed costs recoverable per residential power lost (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5_label_en-US" xlink:label="lab_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Fixed Cost Recoverable Per Residential Power Lost</link:label>
    <link:label id="lab_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5_documentation_en-US" xlink:label="lab_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents fixed costs recovered by the LFCR mechanism per residential kWh lost.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost" xlink:label="loc_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5" xlink:to="lab_pnw_RateMatterFixedCostRecoverablePerResidentialPowerLost_EF5C7C051F0FEF55556C3F64A92162D5" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034_terseLabel_en-US" xlink:label="lab_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed costs recoverable per non-residential power lost (in dollars per kWh)</link:label>
    <link:label id="lab_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034_label_en-US" xlink:label="lab_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter, Fixed Cost Recoverable Per Non Residential Power Lost</link:label>
    <link:label id="lab_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034_documentation_en-US" xlink:label="lab_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents fixed costs recovered by the LFCR mechanism per non-residential kWh lost.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost" xlink:label="loc_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034" xlink:to="lab_pnw_RateMatterFixedCostRecoverablePerNonResidentialPowerLost_9A58F3E33CAEA583913C3F64A9217034" xlink:type="arc" />
    <link:label id="lab_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859_terseLabel_en-US" xlink:label="lab_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of retail revenues</link:label>
    <link:label id="lab_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859_label_en-US" xlink:label="lab_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Matter Cap Percentage of Retail Revenue</link:label>
    <link:label id="lab_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859_documentation_en-US" xlink:label="lab_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to cap percentage of retail revenues.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RateMatterCapPercentageOfRetailRevenue" xlink:label="loc_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859" xlink:to="lab_pnw_RateMatterCapPercentageOfRetailRevenue_FC6FA6BD1C8EED1F45563F64A9211859" xlink:type="arc" />
    <link:label id="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134_terseLabel_en-US" xlink:label="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of adjustment representing prorated sales losses approval</link:label>
    <link:label id="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134_label_en-US" xlink:label="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Adjustment Representing Prorated Sales Losses Approved</link:label>
    <link:label id="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134_documentation_en-US" xlink:label="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Adjustment Representing Prorated Sales Losses Approved</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved" xlink:label="loc_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134" xlink:to="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesApproved_FA2C142E72B1603200AE3F64A9218134" xlink:type="arc" />
    <link:label id="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8_terseLabel_en-US" xlink:label="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of adjustment representing prorated sales losses pending approval</link:label>
    <link:label id="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8_label_en-US" xlink:label="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amount of Adjustment Representing Prorated Sales Losses Pending Approval</link:label>
    <link:label id="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8_documentation_en-US" xlink:label="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of Adjustment Representing Prorated Sales Losses Pending Approval</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval" xlink:label="loc_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8" xlink:to="lab_pnw_AmountofAdjustmentRepresentingProratedSalesLossesPendingApproval_E4C32BDFA5100D61F3FF3F64A9214CA8" xlink:type="arc" />
    <link:label id="lab_pnw_IncreaseinAmountofAdjustmentRepresentingProratedSalesLosses_07B4E8BB4C4469955DC33F64A92168E7_terseLabel_en-US" xlink:label="lab_pnw_IncreaseinAmountofAdjustmentRepresentingProratedSalesLosses_07B4E8BB4C4469955DC33F64A92168E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in amount of adjustment representing prorated sales losses</link:label>
    <link:label id="lab_pnw_IncreaseinAmountofAdjustmentRepresentingProratedSalesLosses_07B4E8BB4C4469955DC33F64A92168E7_label_en-US" xlink:label="lab_pnw_IncreaseinAmountofAdjustmentRepresentingProratedSalesLosses_07B4E8BB4C4469955DC33F64A92168E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase in Amount of Adjustment Representing Prorated Sales Losses</link:label>
    <link:label id="lab_pnw_IncreaseinAmountofAdjustmentRepresentingProratedSalesLosses_07B4E8BB4C4469955DC33F64A92168E7_documentation_en-US" xlink:label="lab_pnw_IncreaseinAmountofAdjustmentRepresentingProratedSalesLosses_07B4E8BB4C4469955DC33F64A92168E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase in Amount of Adjustment Representing Prorated Sales Losses</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_IncreaseinAmountofAdjustmentRepresentingProratedSalesLosses" xlink:label="loc_pnw_IncreaseinAmountofAdjustmentRepresentingProratedSalesLosses_07B4E8BB4C4469955DC33F64A92168E7" xlink:type="locator" />
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    <link:label id="lab_pnw_USCommingledFundsMember_7BAF8DDCA8F72FCF588A1637FA6CBEA3_documentation_en-US" xlink:label="lab_pnw_USCommingledFundsMember_7BAF8DDCA8F72FCF588A1637FA6CBEA3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A professionally managed investment fund of equity securities established by an investment company regulated by the Securities Exchange Commission or a bank regulated by the Office of the Comptroller of the Currency. The investment fund limits it's investments to equity securities located in the United States.</link:label>
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    <link:label id="lab_us-gaap_CashAndCashEquivalentsMember_F777D95C851E081F04CC1637FA6C5807_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsMember_F777D95C851E081F04CC1637FA6C5807" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalent funds</link:label>
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    <link:label id="lab_us-gaap_CorporateDebtSecuritiesMember_884181BC89FFDF9459501637FA6D2BA4_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateDebtSecuritiesMember_884181BC89FFDF9459501637FA6D2BA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate debt</link:label>
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    <link:label id="lab_us-gaap_MortgageBackedSecuritiesMember_8BCA07B56CBEF95CBFEB1637FA6D364A_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesMember_8BCA07B56CBEF95CBFEB1637FA6D364A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage-backed securities</link:label>
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    <link:label id="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_4AFD8FC58AD0C92A480D1637FA6DEF2B_terseLabel_en-US" xlink:label="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_4AFD8FC58AD0C92A480D1637FA6DEF2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Municipality bonds</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_A053547CA330BE5D86E334C98F602D18" xlink:to="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_A053547CA330BE5D86E334C98F602D18" xlink:type="arc" />
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9_terseLabel_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Period [Axis]</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9_label_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Period [Axis]</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9_documentation_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertinent to sale and leaseback period.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SaleLeasebackTransactionPeriodAxis" xlink:label="loc_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9" xlink:to="lab_pnw_SaleLeasebackTransactionPeriodAxis_6A9CD5DF7CFA3C05006D34C98F606FB9" xlink:type="arc" />
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1_terseLabel_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Period [Domain]</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1_label_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Period [Domain]</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1_documentation_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents details pertaining to sale and leaseback period.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SaleLeasebackTransactionPeriodDomain" xlink:label="loc_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1" xlink:to="lab_pnw_SaleLeasebackTransactionPeriodDomain_B14D47A73532DA0FDA2B34C98F60B7B1" xlink:type="arc" />
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2_terseLabel_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Through 2023</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2_label_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Period Through 2023 [Member]</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2_documentation_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to sale and leaseback period through 2023.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SaleLeasebackTransactionPeriodThrough2023Member" xlink:label="loc_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2" xlink:to="lab_pnw_SaleLeasebackTransactionPeriodThrough2023Member_838CBFE8665506BC77BD34C98F60FFD2" xlink:type="arc" />
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4_terseLabel_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Through 2033</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4_label_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Period Through 2033 [Member]</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4_documentation_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to sale and leaseback period through 2033.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SaleLeasebackTransactionPeriodThrough2033Member" xlink:label="loc_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4" xlink:to="lab_pnw_SaleLeasebackTransactionPeriodThrough2033Member_96D680E830DDB0C6C26E34C98F60D5E4" xlink:type="arc" />
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67_terseLabel_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period 2016 through 2023</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67_label_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Period 2016 Through 2023 [Member]</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67_documentation_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to sale and leaseback period 2016 through 2023.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SaleLeasebackTransactionPeriod2016Through2023Member" xlink:label="loc_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67" xlink:to="lab_pnw_SaleLeasebackTransactionPeriod2016Through2023Member_32D61DB150670996814F34C98F61ED67" xlink:type="arc" />
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C_terseLabel_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period 2024 through 2033</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C_label_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Period 2024 Through 2033 [Member]</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C_documentation_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to sale and leaseback period 2024 through 2033.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SaleLeasebackTransactionPeriod2024Through2033Member" xlink:label="loc_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C" xlink:to="lab_pnw_SaleLeasebackTransactionPeriod2024Through2033Member_AD27F2FB1364446D92FA34C98F61E83C" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityLineItems_0CA02A3431BDD81BD52734C98F6152C6_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_0CA02A3431BDD81BD52734C98F6152C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Palo Verde Sale Leaseback Variable Interest Entities</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityLineItems_0CA02A3431BDD81BD52734C98F6152C6_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityLineItems_0CA02A3431BDD81BD52734C98F6152C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityLineItems" xlink:label="loc_us-gaap_VariableInterestEntityLineItems_0CA02A3431BDD81BD52734C98F6152C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityLineItems_0CA02A3431BDD81BD52734C98F6152C6" xlink:to="lab_us-gaap_VariableInterestEntityLineItems_0CA02A3431BDD81BD52734C98F6152C6" xlink:type="arc" />
    <link:label id="lab_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4_terseLabel_en-US" xlink:label="lab_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of VIE lessor trusts</link:label>
    <link:label id="lab_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4_label_en-US" xlink:label="lab_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of VIE Lessor Trusts</link:label>
    <link:label id="lab_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4_documentation_en-US" xlink:label="lab_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of VIE lessor trusts with whom agreements have been made to sell and lease back interests in certain nuclear generating assets and related common facilities.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_NumberOfVIELessorTrusts" xlink:label="loc_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4" xlink:to="lab_pnw_NumberOfVIELessorTrusts_826E1C66358A4649A78E34C98F6189C4" xlink:type="arc" />
    <link:label id="lab_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42_terseLabel_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of leases under which assets are retained</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42_label_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Number of Leases under which Assets Retained Through Specified Period</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42_documentation_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the number of leases under which assets are retained through a specified period.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod" xlink:label="loc_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42" xlink:to="lab_pnw_SaleLeasebackTransactionNumberOfLeasesUnderWhichAssetsRetainedThroughSpecifiedPeriod_9EC103F86D9326AF20A034C98F616C42" xlink:type="arc" />
    <link:label id="lab_us-gaap_SaleLeasebackTransactionAnnualRentalPayments_47BA3E3A9E9340666F0E34C98F61FB64_terseLabel_en-US" xlink:label="lab_us-gaap_SaleLeasebackTransactionAnnualRentalPayments_47BA3E3A9E9340666F0E34C98F61FB64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual lease payments</link:label>
    <link:label id="lab_us-gaap_SaleLeasebackTransactionAnnualRentalPayments_47BA3E3A9E9340666F0E34C98F61FB64_label_en-US" xlink:label="lab_us-gaap_SaleLeasebackTransactionAnnualRentalPayments_47BA3E3A9E9340666F0E34C98F61FB64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction, Annual Rental Payments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SaleLeasebackTransactionAnnualRentalPayments" xlink:label="loc_us-gaap_SaleLeasebackTransactionAnnualRentalPayments_47BA3E3A9E9340666F0E34C98F61FB64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SaleLeasebackTransactionAnnualRentalPayments_47BA3E3A9E9340666F0E34C98F61FB64" xlink:to="lab_us-gaap_SaleLeasebackTransactionAnnualRentalPayments_47BA3E3A9E9340666F0E34C98F61FB64" xlink:type="arc" />
    <link:label id="lab_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070_terseLabel_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease period (up to)</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070_label_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale Leaseback Transaction Lease Period</link:label>
    <link:label id="lab_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070_documentation_en-US" xlink:label="lab_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the period of lease entered into in connection with the transaction involving the sale of property to another party and the lease of the property back to the seller.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SaleLeasebackTransactionLeasePeriod" xlink:label="loc_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070" xlink:to="lab_pnw_SaleLeasebackTransactionLeasePeriod_8C9CDEC2248539BACFE334C98F61D070" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4649DEAF8BAE2560BC1634C98F614980_positiveLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4649DEAF8BAE2560BC1634C98F614980" xlink:role="http://www.xbrl.org/2003/role/positiveLabel" xlink:type="resource" xml:lang="en-US">Increase in net income due to consolidation of Palo Verde Sale Leaseback Trusts</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4649DEAF8BAE2560BC1634C98F614980" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4649DEAF8BAE2560BC1634C98F614980" xlink:to="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_4649DEAF8BAE2560BC1634C98F614980" xlink:type="arc" />
    <link:label id="lab_pnw_VariableInterestEntityEntityInitialLossExposuretoNoncontrollingInterestsDuringLeaseExtensionPeriodAmount_2B9D4942C7BF3DF3482034C98F61F641_terseLabel_en-US" xlink:label="lab_pnw_VariableInterestEntityEntityInitialLossExposuretoNoncontrollingInterestsDuringLeaseExtensionPeriodAmount_2B9D4942C7BF3DF3482034C98F61F641" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Initial loss exposure to the VIE's noncontrolling equity participants during lease extension period</link:label>
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    <link:label id="lab_pnw_DerivativeInstrumentConcentrationOfRiskCounterparties_D00198E0A2C5E38D612A318F8B167FC3_terseLabel_en-US" xlink:label="lab_pnw_DerivativeInstrumentConcentrationOfRiskCounterparties_D00198E0A2C5E38D612A318F8B167FC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentration of credit risk, number of counterparties</link:label>
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    <link:label id="lab_pnw_NonDerivativeCreditRiskContractAdditionalCollateralAggregateFairValue_416D13F819BBCE9CEFC5318F8B1629CF_terseLabel_en-US" xlink:label="lab_pnw_NonDerivativeCreditRiskContractAdditionalCollateralAggregateFairValue_416D13F819BBCE9CEFC5318F8B1629CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional collateral to counterparties for energy related non-derivative instrument contracts</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RemovalCostsMember" xlink:label="loc_us-gaap_RemovalCostsMember_7545CBF9C89FB2A9183917941D6651A2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PostretirementBenefitCostsMember_FDCA588500CD290BEAB417941D668D23_terseLabel_en-US" xlink:label="lab_us-gaap_PostretirementBenefitCostsMember_FDCA588500CD290BEAB417941D668D23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other postretirement benefits</link:label>
    <link:label id="lab_us-gaap_PostretirementBenefitCostsMember_FDCA588500CD290BEAB417941D668D23_label_en-US" xlink:label="lab_us-gaap_PostretirementBenefitCostsMember_FDCA588500CD290BEAB417941D668D23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Postretirement Benefit Costs [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PostretirementBenefitCostsMember" xlink:label="loc_us-gaap_PostretirementBenefitCostsMember_FDCA588500CD290BEAB417941D668D23" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PostretirementBenefitCostsMember_FDCA588500CD290BEAB417941D668D23" xlink:to="lab_us-gaap_PostretirementBenefitCostsMember_FDCA588500CD290BEAB417941D668D23" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentCreditMember_39024B5FE388692C269617941D6687BF_verboseLabel_en-US" xlink:label="lab_us-gaap_InvestmentCreditMember_39024B5FE388692C269617941D6687BF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income taxes &#8212; deferred investment tax credit</link:label>
    <link:label id="lab_us-gaap_InvestmentCreditMember_39024B5FE388692C269617941D6687BF_label_en-US" xlink:label="lab_us-gaap_InvestmentCreditMember_39024B5FE388692C269617941D6687BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Tax Credit Carryforward [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentCreditMember" xlink:label="loc_us-gaap_InvestmentCreditMember_39024B5FE388692C269617941D6687BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentCreditMember_39024B5FE388692C269617941D6687BF" xlink:to="lab_us-gaap_InvestmentCreditMember_39024B5FE388692C269617941D6687BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxChargesMember_51150D92DFDCE9FCAFBA17941D6687AC_verboseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxChargesMember_51150D92DFDCE9FCAFBA17941D6687AC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income taxes &#8212; change in rates</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxChargesMember_51150D92DFDCE9FCAFBA17941D6687AC_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxChargesMember_51150D92DFDCE9FCAFBA17941D6687AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Charge [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxChargesMember" xlink:label="loc_us-gaap_DeferredIncomeTaxChargesMember_51150D92DFDCE9FCAFBA17941D6687AC" xlink:type="locator" />
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    <link:label id="lab_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705_terseLabel_en-US" xlink:label="lab_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Spent nuclear fuel</link:label>
    <link:label id="lab_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705_label_en-US" xlink:label="lab_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Spent Nuclear Fuel [Member]</link:label>
    <link:label id="lab_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705_documentation_en-US" xlink:label="lab_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liability associated with spent nuclear fuel.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SpentNuclearFuelMember" xlink:label="loc_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705" xlink:to="lab_pnw_SpentNuclearFuelMember_E8748AB80697C49363B017941D666705" xlink:type="arc" />
    <link:label id="lab_us-gaap_RenewableEnergyProgramMember_D12ED3EBFBB3ED62173C17941D66C46D_terseLabel_en-US" xlink:label="lab_us-gaap_RenewableEnergyProgramMember_D12ED3EBFBB3ED62173C17941D66C46D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Renewable energy standard (b)</link:label>
    <link:label id="lab_us-gaap_RenewableEnergyProgramMember_D12ED3EBFBB3ED62173C17941D66C46D_label_en-US" xlink:label="lab_us-gaap_RenewableEnergyProgramMember_D12ED3EBFBB3ED62173C17941D66C46D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Renewable Energy Program [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RenewableEnergyProgramMember" xlink:label="loc_us-gaap_RenewableEnergyProgramMember_D12ED3EBFBB3ED62173C17941D66C46D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RenewableEnergyProgramMember_D12ED3EBFBB3ED62173C17941D66C46D" xlink:to="lab_us-gaap_RenewableEnergyProgramMember_D12ED3EBFBB3ED62173C17941D66C46D" xlink:type="arc" />
    <link:label id="lab_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988_terseLabel_en-US" xlink:label="lab_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Demand side management (b)</link:label>
    <link:label id="lab_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988_label_en-US" xlink:label="lab_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Demand Side Management [Member]</link:label>
    <link:label id="lab_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988_documentation_en-US" xlink:label="lab_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Demand Side Management [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DemandSideManagementMember" xlink:label="loc_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988" xlink:to="lab_pnw_DemandSideManagementMember_7F93522D6322A9AFD11817941D66C988" xlink:type="arc" />
    <link:label id="lab_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2_terseLabel_en-US" xlink:label="lab_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sundance maintenance</link:label>
    <link:label id="lab_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2_label_en-US" xlink:label="lab_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sundance Maintenance [Member]</link:label>
    <link:label id="lab_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2_documentation_en-US" xlink:label="lab_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sundance Maintenance [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_SundanceMaintenanceMember" xlink:label="loc_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2" xlink:to="lab_pnw_SundanceMaintenanceMember_6E3EB60FBB6789921C2717B3773E58E2" xlink:type="arc" />
    <link:label id="lab_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80_terseLabel_en-US" xlink:label="lab_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred fuel and purchased power (b) (c)</link:label>
    <link:label id="lab_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80_label_en-US" xlink:label="lab_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Fuel and Purchased Power [Member]</link:label>
    <link:label id="lab_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80_documentation_en-US" xlink:label="lab_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Fuel and Purchased Power [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DeferredFuelandPurchasedPowerMember" xlink:label="loc_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80" xlink:to="lab_pnw_DeferredFuelandPurchasedPowerMember_C6C144D1D918140985AE17941D66EA80" xlink:type="arc" />
    <link:label id="lab_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364_terseLabel_en-US" xlink:label="lab_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred gains on utility property</link:label>
    <link:label id="lab_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364_label_en-US" xlink:label="lab_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Gains on Utility Property [Member]</link:label>
    <link:label id="lab_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364_documentation_en-US" xlink:label="lab_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Gains on Utility Property [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DeferredGainsonUtilityPropertyMember" xlink:label="loc_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364" xlink:to="lab_pnw_DeferredGainsonUtilityPropertyMember_A25FEAD49CAF6A1E60F517941D662364" xlink:type="arc" />
    <link:label id="lab_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A_terseLabel_en-US" xlink:label="lab_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Four Corners coal reclamation</link:label>
    <link:label id="lab_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A_label_en-US" xlink:label="lab_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Corners Coal Reclamation [Member]</link:label>
    <link:label id="lab_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A_documentation_en-US" xlink:label="lab_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Corners Coal Reclamation [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_FourCornersCoalReclamationMember" xlink:label="loc_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A" xlink:to="lab_pnw_FourCornersCoalReclamationMember_46E52884CD9A95E66D3E17A87CE4351A" xlink:type="arc" />
    <link:label id="lab_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B_terseLabel_en-US" xlink:label="lab_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B_label_en-US" xlink:label="lab_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Regulatory Liabilities [Member]</link:label>
    <link:label id="lab_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B_documentation_en-US" xlink:label="lab_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Miscellaneous regulatory liabilities which are individually insignificant.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_OtherRegulatoryLiabilitiesMember" xlink:label="loc_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B" xlink:to="lab_pnw_OtherRegulatoryLiabilitiesMember_F38BAA65852148D7F0EA17941D662B4B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RegulatoryLiabilitiesLineItems_5FE57C24DCB05328869017941D661A3C_terseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryLiabilitiesLineItems_5FE57C24DCB05328869017941D661A3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Detail of regulatory liabilities</link:label>
    <link:label id="lab_us-gaap_RegulatoryLiabilitiesLineItems_5FE57C24DCB05328869017941D661A3C_label_en-US" xlink:label="lab_us-gaap_RegulatoryLiabilitiesLineItems_5FE57C24DCB05328869017941D661A3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Liabilities [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryLiabilitiesLineItems" xlink:label="loc_us-gaap_RegulatoryLiabilitiesLineItems_5FE57C24DCB05328869017941D661A3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RegulatoryLiabilitiesLineItems_5FE57C24DCB05328869017941D661A3C" xlink:to="lab_us-gaap_RegulatoryLiabilitiesLineItems_5FE57C24DCB05328869017941D661A3C" xlink:type="arc" />
    <link:label id="lab_pnw_RegulatoryLiabilityIncludingDeferredFuelAndPurchasedPowerRegulatoryLiabilityCurrent_9FEED9DD9197EB93FD1717941D666EF9_terseLabel_en-US" xlink:label="lab_pnw_RegulatoryLiabilityIncludingDeferredFuelAndPurchasedPowerRegulatoryLiabilityCurrent_9FEED9DD9197EB93FD1717941D666EF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory liabilities, current</link:label>
    <link:label id="lab_pnw_RegulatoryLiabilityIncludingDeferredFuelAndPurchasedPowerRegulatoryLiabilityCurrent_9FEED9DD9197EB93FD1717941D666EF9_label_en-US" xlink:label="lab_pnw_RegulatoryLiabilityIncludingDeferredFuelAndPurchasedPowerRegulatoryLiabilityCurrent_9FEED9DD9197EB93FD1717941D666EF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Liability, Including Deferred Fuel and Purchased Power Regulatory Liability Current</link:label>
    <link:label id="lab_pnw_RegulatoryLiabilityIncludingDeferredFuelAndPurchasedPowerRegulatoryLiabilityCurrent_9FEED9DD9197EB93FD1717941D666EF9_documentation_en-US" xlink:label="lab_pnw_RegulatoryLiabilityIncludingDeferredFuelAndPurchasedPowerRegulatoryLiabilityCurrent_9FEED9DD9197EB93FD1717941D666EF9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount for the individual regulatory current liability including deferred fuel and purchased power as itemized in a table of regulatory current liabilities as of the end of the period.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RegulatoryLiabilityIncludingDeferredFuelAndPurchasedPowerRegulatoryLiabilityCurrent" xlink:label="loc_pnw_RegulatoryLiabilityIncludingDeferredFuelAndPurchasedPowerRegulatoryLiabilityCurrent_9FEED9DD9197EB93FD1717941D666EF9" xlink:type="locator" />
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    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_36B7CA25D27A1C65F6E3121016089FB3_verboseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_36B7CA25D27A1C65F6E3121016089FB3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Palo Verde sale leaseback, net of accumulated depreciation (Note 5)</link:label>
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    <link:label id="lab_us-gaap_RegulatoryAssetsNoncurrent_44456AEE49E386F86D631210160860F1_terseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryAssetsNoncurrent_44456AEE49E386F86D631210160860F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory assets (Note 3)</link:label>
    <link:label id="lab_us-gaap_RegulatoryAssetsNoncurrent_44456AEE49E386F86D631210160860F1_label_en-US" xlink:label="lab_us-gaap_RegulatoryAssetsNoncurrent_44456AEE49E386F86D631210160860F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Assets, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryAssetsNoncurrent" xlink:label="loc_us-gaap_RegulatoryAssetsNoncurrent_44456AEE49E386F86D631210160860F1" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent_11C4B97E30F37FE93FEC121016086433_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent_11C4B97E30F37FE93FEC121016086433" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets for other postretirement benefits (Note 4)</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent" xlink:label="loc_us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent_11C4B97E30F37FE93FEC121016086433" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherDeferredCostsNet_00529BBA51748A30535C12101608B965_terseLabel_en-US" xlink:label="lab_us-gaap_OtherDeferredCostsNet_00529BBA51748A30535C12101608B965" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherDeferredCostsNet_00529BBA51748A30535C12101608B965_label_en-US" xlink:label="lab_us-gaap_OtherDeferredCostsNet_00529BBA51748A30535C12101608B965" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Deferred Costs, Net</link:label>
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    <link:label id="lab_pnw_TotalDeferredDebits_501F2690904E8F50E7AC12101608DFCF_totalLabel_en-US" xlink:label="lab_pnw_TotalDeferredDebits_501F2690904E8F50E7AC12101608DFCF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deferred debits</link:label>
    <link:label id="lab_pnw_TotalDeferredDebits_501F2690904E8F50E7AC12101608DFCF_label_en-US" xlink:label="lab_pnw_TotalDeferredDebits_501F2690904E8F50E7AC12101608DFCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Deferred Debits</link:label>
    <link:label id="lab_pnw_TotalDeferredDebits_501F2690904E8F50E7AC12101608DFCF_documentation_en-US" xlink:label="lab_pnw_TotalDeferredDebits_501F2690904E8F50E7AC12101608DFCF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sum of the carrying amounts as of the balance sheet date of all regulatory assets and other deferred debits that are expected to be recovered through revenue sources (or the normal operating cycle, if longer).</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_TotalDeferredDebits" xlink:label="loc_pnw_TotalDeferredDebits_501F2690904E8F50E7AC12101608DFCF" xlink:type="locator" />
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    <link:label id="lab_us-gaap_Assets_8117763A3544384EC6AC12101608E540_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_8117763A3544384EC6AC12101608E540" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:label id="lab_us-gaap_Assets_8117763A3544384EC6AC12101608E540_label_en-US" xlink:label="lab_us-gaap_Assets_8117763A3544384EC6AC12101608E540" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_8117763A3544384EC6AC12101608E540" xlink:type="locator" />
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_60F0B5000571FEBD9E8A1210160E33EA_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_60F0B5000571FEBD9E8A1210160E33EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND EQUITY</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_60F0B5000571FEBD9E8A1210160E33EA_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_60F0B5000571FEBD9E8A1210160E33EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_60F0B5000571FEBD9E8A1210160E33EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_60F0B5000571FEBD9E8A1210160E33EA" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_60F0B5000571FEBD9E8A1210160E33EA" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_C4EA2943F0F3D7DCFFB91210160EDD6D_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_C4EA2943F0F3D7DCFFB91210160EDD6D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CURRENT LIABILITIES</link:label>
    <link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_C4EA2943F0F3D7DCFFB91210160EDD6D_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_C4EA2943F0F3D7DCFFB91210160EDD6D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Current [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="loc_us-gaap_LiabilitiesCurrentAbstract_C4EA2943F0F3D7DCFFB91210160EDD6D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AccountsPayableCurrent_7C7EF8224009337691431210160E604F_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrent_7C7EF8224009337691431210160E604F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable</link:label>
    <link:label id="lab_us-gaap_AccountsPayableCurrent_7C7EF8224009337691431210160E604F_label_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrent_7C7EF8224009337691431210160E604F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaap_AccountsPayableCurrent_7C7EF8224009337691431210160E604F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_TaxesPayableCurrent_54A65DAAEB64100DE3E41210160EC34E_terseLabel_en-US" xlink:label="lab_us-gaap_TaxesPayableCurrent_54A65DAAEB64100DE3E41210160EC34E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued taxes</link:label>
    <link:label id="lab_us-gaap_TaxesPayableCurrent_54A65DAAEB64100DE3E41210160EC34E_label_en-US" xlink:label="lab_us-gaap_TaxesPayableCurrent_54A65DAAEB64100DE3E41210160EC34E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes Payable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TaxesPayableCurrent" xlink:label="loc_us-gaap_TaxesPayableCurrent_54A65DAAEB64100DE3E41210160EC34E" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InterestPayableCurrent_B3316A409210538B9D181210160E4FE8_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPayableCurrent_B3316A409210538B9D181210160E4FE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued interest</link:label>
    <link:label id="lab_us-gaap_InterestPayableCurrent_B3316A409210538B9D181210160E4FE8_label_en-US" xlink:label="lab_us-gaap_InterestPayableCurrent_B3316A409210538B9D181210160E4FE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Payable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPayableCurrent" xlink:label="loc_us-gaap_InterestPayableCurrent_B3316A409210538B9D181210160E4FE8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DividendsPayableCurrent_89CFF6C6717F153345BC1210160E9839_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableCurrent_89CFF6C6717F153345BC1210160E9839" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common dividends payable</link:label>
    <link:label id="lab_us-gaap_DividendsPayableCurrent_89CFF6C6717F153345BC1210160E9839_label_en-US" xlink:label="lab_us-gaap_DividendsPayableCurrent_89CFF6C6717F153345BC1210160E9839" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Payable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DividendsPayableCurrent" xlink:label="loc_us-gaap_DividendsPayableCurrent_89CFF6C6717F153345BC1210160E9839" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ShortTermBorrowings_54597CC801B04634CF731210160E2343_verboseLabel_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_54597CC801B04634CF731210160E2343" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Short-term borrowings (Note 2)</link:label>
    <link:label id="lab_us-gaap_ShortTermBorrowings_54597CC801B04634CF731210160E2343_label_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_54597CC801B04634CF731210160E2343" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ShortTermBorrowings" xlink:label="loc_us-gaap_ShortTermBorrowings_54597CC801B04634CF731210160E2343" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherLongTermDebtCurrent_C732CBFD4D95536295D81210160EE030_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLongTermDebtCurrent_C732CBFD4D95536295D81210160EE030" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current maturities of long-term debt (Note 2)</link:label>
    <link:label id="lab_us-gaap_OtherLongTermDebtCurrent_C732CBFD4D95536295D81210160EE030_label_en-US" xlink:label="lab_us-gaap_OtherLongTermDebtCurrent_C732CBFD4D95536295D81210160EE030" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Long-term Debt, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherLongTermDebtCurrent" xlink:label="loc_us-gaap_OtherLongTermDebtCurrent_C732CBFD4D95536295D81210160EE030" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CustomerDepositsCurrent_2A0AD666716772608E1B1210160EC4A8_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerDepositsCurrent_2A0AD666716772608E1B1210160EC4A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer deposits</link:label>
    <link:label id="lab_us-gaap_CustomerDepositsCurrent_2A0AD666716772608E1B1210160EC4A8_label_en-US" xlink:label="lab_us-gaap_CustomerDepositsCurrent_2A0AD666716772608E1B1210160EC4A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Deposits, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CustomerDepositsCurrent" xlink:label="loc_us-gaap_CustomerDepositsCurrent_2A0AD666716772608E1B1210160EC4A8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgesLiabilities_E46EFD83EF8E83D4EE921210160E03BE_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgesLiabilities_E46EFD83EF8E83D4EE921210160E03BE" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities from risk management activities (Note 6)</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgesLiabilities_E46EFD83EF8E83D4EE921210160E03BE_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgesLiabilities_E46EFD83EF8E83D4EE921210160E03BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments and Hedges, Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgesLiabilities" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgesLiabilities_E46EFD83EF8E83D4EE921210160E03BE" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetRetirementObligationCurrent_3EEE16F9EB522FA422071210160EBF86_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetRetirementObligationCurrent_3EEE16F9EB522FA422071210160EBF86" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred fuel and purchased power regulatory liability (Note 3)</link:label>
    <link:label id="lab_us-gaap_AssetRetirementObligationCurrent_3EEE16F9EB522FA422071210160EBF86_label_en-US" xlink:label="lab_us-gaap_AssetRetirementObligationCurrent_3EEE16F9EB522FA422071210160EBF86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Retirement Obligation, Current</link:label>
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    <link:label id="lab_us-gaap_RegulatoryLiabilityCurrent_D611379C95D977AF346E1210160E399C_verboseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryLiabilityCurrent_D611379C95D977AF346E1210160E399C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other regulatory liabilities (Note 3)</link:label>
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    <link:label id="lab_us-gaap_OtherLiabilitiesCurrent_10C29FF0E672C7AE553D1210160F8137_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesCurrent_10C29FF0E672C7AE553D1210160F8137" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities, Current</link:label>
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    <link:label id="lab_us-gaap_LiabilitiesCurrent_97A2ACE8A82AFC0BB02F1210160FB1D6_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_97A2ACE8A82AFC0BB02F1210160FB1D6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current liabilities</link:label>
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    <link:label id="lab_us-gaap_LongTermDebtNoncurrent_CF0EDD55D4552E1CB4711210160FBE28_verboseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_CF0EDD55D4552E1CB4711210160FBE28" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">LONG-TERM DEBT LESS CURRENT MATURITIES (Note 2)</link:label>
    <link:label id="lab_us-gaap_LongTermDebtNoncurrent_CF0EDD55D4552E1CB4711210160FBE28_label_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_CF0EDD55D4552E1CB4711210160FBE28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Excluding Current Maturities</link:label>
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    <link:label id="lab_us-gaap_DeferredCreditsAndOtherLiabilitiesAbstract_968F4055D7D19660D2511210160FF27F_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCreditsAndOtherLiabilitiesAbstract_968F4055D7D19660D2511210160FF27F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DEFERRED CREDITS AND OTHER</link:label>
    <link:label id="lab_us-gaap_DeferredCreditsAndOtherLiabilitiesAbstract_968F4055D7D19660D2511210160FF27F_label_en-US" xlink:label="lab_us-gaap_DeferredCreditsAndOtherLiabilitiesAbstract_968F4055D7D19660D2511210160FF27F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Credits and Other Liabilities [Abstract]</link:label>
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    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_824846CA63FD4B6EACCF1210160FA9D1_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_824846CA63FD4B6EACCF1210160FA9D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_824846CA63FD4B6EACCF1210160FA9D1_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_824846CA63FD4B6EACCF1210160FA9D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Net, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesNoncurrent_824846CA63FD4B6EACCF1210160FA9D1" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryLiabilityNoncurrent" xlink:label="loc_us-gaap_RegulatoryLiabilityNoncurrent_1505B1548E4403BDA1941210160F63F8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetRetirementObligationsNoncurrent_16A730B5BA6ACAC008371210160FB887_verboseLabel_en-US" xlink:label="lab_us-gaap_AssetRetirementObligationsNoncurrent_16A730B5BA6ACAC008371210160FB887" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Liabilities for asset retirements</link:label>
    <link:label id="lab_us-gaap_AssetRetirementObligationsNoncurrent_16A730B5BA6ACAC008371210160FB887_label_en-US" xlink:label="lab_us-gaap_AssetRetirementObligationsNoncurrent_16A730B5BA6ACAC008371210160FB887" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Retirement Obligations, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetRetirementObligationsNoncurrent" xlink:label="loc_us-gaap_AssetRetirementObligationsNoncurrent_16A730B5BA6ACAC008371210160FB887" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_226427EEBAF4A782C15B1210160F0D56_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_226427EEBAF4A782C15B1210160F0D56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities for pension benefits (Note 4)</link:label>
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    <link:label id="lab_us-gaap_DerivativeLiabilitiesNoncurrent_C9F3CF7DD9928B5741E61210160F9AB0_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitiesNoncurrent_C9F3CF7DD9928B5741E61210160F9AB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities from risk management activities (Note 6)</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilitiesNoncurrent_C9F3CF7DD9928B5741E61210160F9AB0_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilitiesNoncurrent_C9F3CF7DD9928B5741E61210160F9AB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability, Noncurrent</link:label>
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    <link:label id="lab_us-gaap_CustomerAdvancesForConstruction_D7F0818E28C6D8D909B91210160FDF3F_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerAdvancesForConstruction_D7F0818E28C6D8D909B91210160FDF3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer advances</link:label>
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    <link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_08CA50D50F66806CAF3A0BEE10B3263B_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_08CA50D50F66806CAF3A0BEE10B3263B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional cash collateral in the event credit-risk-related contingent features were fully triggered</link:label>
    <link:label id="lab_us-gaap_AdditionalCollateralAggregateFairValue_08CA50D50F66806CAF3A0BEE10B3263B_label_en-US" xlink:label="lab_us-gaap_AdditionalCollateralAggregateFairValue_08CA50D50F66806CAF3A0BEE10B3263B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Collateral, Aggregate Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AdditionalCollateralAggregateFairValue" xlink:label="loc_us-gaap_AdditionalCollateralAggregateFairValue_08CA50D50F66806CAF3A0BEE10B3263B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward_C3124202C518FB754906164F820CECE8_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward_C3124202C518FB754906164F820CECE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward_C3124202C518FB754906164F820CECE8_label_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward_C3124202C518FB754906164F820CECE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward" xlink:label="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward_C3124202C518FB754906164F820CECE8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward_C3124202C518FB754906164F820CECE8" xlink:to="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward_C3124202C518FB754906164F820CECE8" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_44942BEAD72BEA0602D8164F820CF206_periodStartLabel_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_44942BEAD72BEA0602D8164F820CF206" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Net derivative balance at beginning of period</link:label>
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_44942BEAD72BEA0602D8164F820CF206_label_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_44942BEAD72BEA0602D8164F820CF206" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis with Unobservable Inputs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs" xlink:label="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_44942BEAD72BEA0602D8164F820CF206" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_44942BEAD72BEA0602D8164F820CF206" xlink:to="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_44942BEAD72BEA0602D8164F820CF206" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss_0BE14C8C63C864AF24B1164F824747EF_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss_0BE14C8C63C864AF24B1164F824747EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Included in OCI</link:label>
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss_0BE14C8C63C864AF24B1164F824747EF_label_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInOtherComprehensiveIncomeLoss_0BE14C8C63C864AF24B1164F824747EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Gain (Loss) Included in Other Comprehensive Income (Loss)</link:label>
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    <link:label id="lab_pnw_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDerivativeGainLossDeferredAsRegulatoryAssetOrLiability_33FE9A639092F652AAFC164F820D3A95_terseLabel_en-US" xlink:label="lab_pnw_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDerivativeGainLossDeferredAsRegulatoryAssetOrLiability_33FE9A639092F652AAFC164F820D3A95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred as a regulatory asset or liability</link:label>
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    <link:label id="lab_pnw_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDerivativeGainLossDeferredAsRegulatoryAssetOrLiability_33FE9A639092F652AAFC164F820D3A95_documentation_en-US" xlink:label="lab_pnw_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisDerivativeGainLossDeferredAsRegulatoryAssetOrLiability_33FE9A639092F652AAFC164F820D3A95" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents the total gains or losses for the period (realized and unrealized), arising from assets and liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3), which have been deferred as a regulatory asset or liability.</link:label>
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    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements_46A43C3F25EE245521A5164F820DDBC8_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements_46A43C3F25EE245521A5164F820DDBC8" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Settlements</link:label>
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements_46A43C3F25EE245521A5164F820DDBC8_label_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements_46A43C3F25EE245521A5164F820DDBC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Settlements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements" xlink:label="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements_46A43C3F25EE245521A5164F820DDBC8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements_46A43C3F25EE245521A5164F820DDBC8" xlink:to="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements_46A43C3F25EE245521A5164F820DDBC8" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3_54BD5480797C89C53563164F820D55D8_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3_54BD5480797C89C53563164F820D55D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers into Level 3 from Level 2</link:label>
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3_54BD5480797C89C53563164F820D55D8_label_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3_54BD5480797C89C53563164F820D55D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Transfers into Level 3</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3" xlink:label="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersIntoLevel3_54BD5480797C89C53563164F820D55D8" xlink:type="locator" />
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    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3_8466E240C7BBAD20999B164F820D148D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3_8466E240C7BBAD20999B164F820D148D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfers from Level 3 into Level 2</link:label>
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3_8466E240C7BBAD20999B164F820D148D_label_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3_8466E240C7BBAD20999B164F820D148D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Inputs Reconciliation, Transfers out of Level 3</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3" xlink:label="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3_8466E240C7BBAD20999B164F820D148D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3_8466E240C7BBAD20999B164F820D148D" xlink:to="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3_8466E240C7BBAD20999B164F820D148D" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_72DFD4F6266412B01544164F820D63C8_periodEndLabel_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs_72DFD4F6266412B01544164F820D63C8" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Net derivative balance at end of period</link:label>
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    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_353DD00445039D70106B164F820D8703_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_353DD00445039D70106B164F820D8703" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized gains included in earnings related to instruments still held at end of period</link:label>
    <link:label id="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_353DD00445039D70106B164F820D8703_label_en-US" xlink:label="lab_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_353DD00445039D70106B164F820D8703" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Change in Unrealized Gain (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss" xlink:label="loc_us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss_353DD00445039D70106B164F820D8703" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommonStockNoParValue_E785FB4C1C1349EDE4250BEE137F9929_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockNoParValue_E785FB4C1C1349EDE4250BEE137F9929" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockNoParValue_E785FB4C1C1349EDE4250BEE137F9929_label_en-US" xlink:label="lab_us-gaap_CommonStockNoParValue_E785FB4C1C1349EDE4250BEE137F9929" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, No Par Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockNoParValue" xlink:label="loc_us-gaap_CommonStockNoParValue_E785FB4C1C1349EDE4250BEE137F9929" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_4B856CF5C4B87C5049CA0BEE1380AD13_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_4B856CF5C4B87C5049CA0BEE1380AD13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, authorized shares</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_4B856CF5C4B87C5049CA0BEE1380AD13_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_4B856CF5C4B87C5049CA0BEE1380AD13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
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    <link:label id="lab_us-gaap_CommonStockSharesIssued_3D30D0DDCB5E2D2DA1710BEE13807BE0_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_3D30D0DDCB5E2D2DA1710BEE13807BE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, issued shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_3D30D0DDCB5E2D2DA1710BEE13807BE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_3D30D0DDCB5E2D2DA1710BEE13807BE0" xlink:to="lab_us-gaap_CommonStockSharesIssued_3D30D0DDCB5E2D2DA1710BEE13807BE0" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockShares_106AC6D410BDC72107E70BEE1380F9EA_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_106AC6D410BDC72107E70BEE1380F9EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Treasury stock at cost, shares</link:label>
    <link:label id="lab_us-gaap_TreasuryStockShares_106AC6D410BDC72107E70BEE1380F9EA_label_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_106AC6D410BDC72107E70BEE1380F9EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock, Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="loc_us-gaap_TreasuryStockShares_106AC6D410BDC72107E70BEE1380F9EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockShares_106AC6D410BDC72107E70BEE1380F9EA" xlink:to="lab_us-gaap_TreasuryStockShares_106AC6D410BDC72107E70BEE1380F9EA" xlink:type="arc" />
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_B401198BFDE1F6EC38D412101419EF21_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_B401198BFDE1F6EC38D412101419EF21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retirement Plans and Other Postretirement Benefits</link:label>
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_B401198BFDE1F6EC38D412101419EF21_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_B401198BFDE1F6EC38D412101419EF21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension and Other Postretirement Benefits Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="loc_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_B401198BFDE1F6EC38D412101419EF21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_B401198BFDE1F6EC38D412101419EF21" xlink:to="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_B401198BFDE1F6EC38D412101419EF21" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRegulatoryAssetsTable_EC304B1BABCBB39487FC3F64A8C8CB8B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRegulatoryAssetsTable_EC304B1BABCBB39487FC3F64A8C8CB8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Regulatory Assets [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRegulatoryAssetsTable_EC304B1BABCBB39487FC3F64A8C8CB8B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRegulatoryAssetsTable_EC304B1BABCBB39487FC3F64A8C8CB8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Regulatory Assets [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfRegulatoryAssetsTable" xlink:label="loc_us-gaap_ScheduleOfRegulatoryAssetsTable_EC304B1BABCBB39487FC3F64A8C8CB8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRegulatoryAssetsTable_EC304B1BABCBB39487FC3F64A8C8CB8B" xlink:to="lab_us-gaap_ScheduleOfRegulatoryAssetsTable_EC304B1BABCBB39487FC3F64A8C8CB8B" xlink:type="arc" />
    <link:label id="lab_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E_terseLabel_en-US" xlink:label="lab_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension</link:label>
    <link:label id="lab_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E_label_en-US" xlink:label="lab_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension [Member]</link:label>
    <link:label id="lab_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E_documentation_en-US" xlink:label="lab_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pension [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PensionMember" xlink:label="loc_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E" xlink:to="lab_pnw_PensionMember_21E674FA28CF6ACEBE933F981FE6036E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxChargesMember_9D18D5AB5425198253DE3F64A8CEE7E6_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxChargesMember_9D18D5AB5425198253DE3F64A8CEE7E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes &#8212; allowance for funds used during construction (AFUDC) equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DeferredIncomeTaxChargesMember" xlink:label="loc_us-gaap_DeferredIncomeTaxChargesMember_9D18D5AB5425198253DE3F64A8CEE7E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxChargesMember_9D18D5AB5425198253DE3F64A8CEE7E6" xlink:to="lab_us-gaap_DeferredIncomeTaxChargesMember_9D18D5AB5425198253DE3F64A8CEE7E6" xlink:type="arc" />
    <link:label id="lab_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C_terseLabel_en-US" xlink:label="lab_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred fuel and purchased power &#8212; mark-to-market (Note 6)</link:label>
    <link:label id="lab_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C_label_en-US" xlink:label="lab_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Fuel and Purchased Power MTM Costs [Member]</link:label>
    <link:label id="lab_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C_documentation_en-US" xlink:label="lab_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fuel and purchased power MTM costs incurred that would otherwise be charged to expense. These costs are included in allowable costs for rate making purposes and future revenue will be provided to permit recovery of such incurred costs.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DeferredFuelAndPurchasedPowerMTMCostsMember" xlink:label="loc_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C" xlink:to="lab_pnw_DeferredFuelAndPurchasedPowerMTMCostsMember_09DD02642BC513EF4F683F64A8CE933C" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentCreditMember_0E25D8BDA13F14D24CD63F64A8CE7911_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentCreditMember_0E25D8BDA13F14D24CD63F64A8CE7911" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes &#8212; investment tax credit basis adjustment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentCreditMember" xlink:label="loc_us-gaap_InvestmentCreditMember_0E25D8BDA13F14D24CD63F64A8CE7911" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentCreditMember_0E25D8BDA13F14D24CD63F64A8CE7911" xlink:to="lab_us-gaap_InvestmentCreditMember_0E25D8BDA13F14D24CD63F64A8CE7911" xlink:type="arc" />
    <link:label id="lab_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34_terseLabel_en-US" xlink:label="lab_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lost fixed cost recovery (b)</link:label>
    <link:label id="lab_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34_label_en-US" xlink:label="lab_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lost Fixed Cost Recovery [Member]</link:label>
    <link:label id="lab_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34_documentation_en-US" xlink:label="lab_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the regulatory asset under lost fixed recovery mechanisms.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_LostFixedCostRecoveryMember" xlink:label="loc_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34" xlink:to="lab_pnw_LostFixedCostRecoveryMember_6426FE0FE254A83C13873F64A8CEEF34" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4A51983F2BAEDA23F4173F64A8CE1E61_verboseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4A51983F2BAEDA23F4173F64A8CE1E61" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Palo Verde VIEs (Note 5)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityPrimaryBeneficiaryMember" xlink:label="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4A51983F2BAEDA23F4173F64A8CE1E61" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4A51983F2BAEDA23F4173F64A8CE1E61" xlink:to="lab_us-gaap_VariableInterestEntityPrimaryBeneficiaryMember_4A51983F2BAEDA23F4173F64A8CE1E61" xlink:type="arc" />
    <link:label id="lab_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B_terseLabel_en-US" xlink:label="lab_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred compensation</link:label>
    <link:label id="lab_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B_label_en-US" xlink:label="lab_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Compensation [Member]</link:label>
    <link:label id="lab_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B_documentation_en-US" xlink:label="lab_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the regulatory asset under deferred compensation arrangements.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DeferredCompensationMember" xlink:label="loc_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B" xlink:to="lab_pnw_DeferredCompensationMember_E4AF8AC9B4BEB16A99073F64A8CEDF6B" xlink:type="arc" />
    <link:label id="lab_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224_terseLabel_en-US" xlink:label="lab_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred property taxes</link:label>
    <link:label id="lab_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224_label_en-US" xlink:label="lab_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Property Taxes [Member]</link:label>
    <link:label id="lab_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224_documentation_en-US" xlink:label="lab_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to deferred property taxes.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_DeferredPropertyTaxesMember" xlink:label="loc_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224" xlink:to="lab_pnw_DeferredPropertyTaxesMember_D314FDDBF80370BBEDF33F64A8CE4224" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossOnReacquiredDebtMember_C9376C973CE27F3CB1EF3F64A8CE21BF_terseLabel_en-US" xlink:label="lab_us-gaap_LossOnReacquiredDebtMember_C9376C973CE27F3CB1EF3F64A8CE21BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss on reacquired debt</link:label>
    <link:label id="lab_us-gaap_LossOnReacquiredDebtMember_C9376C973CE27F3CB1EF3F64A8CE21BF_label_en-US" xlink:label="lab_us-gaap_LossOnReacquiredDebtMember_C9376C973CE27F3CB1EF3F64A8CE21BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss on Reacquired Debt [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LossOnReacquiredDebtMember" xlink:label="loc_us-gaap_LossOnReacquiredDebtMember_C9376C973CE27F3CB1EF3F64A8CE21BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossOnReacquiredDebtMember_C9376C973CE27F3CB1EF3F64A8CE21BF" xlink:to="lab_us-gaap_LossOnReacquiredDebtMember_C9376C973CE27F3CB1EF3F64A8CE21BF" xlink:type="arc" />
    <link:label id="lab_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB_terseLabel_en-US" xlink:label="lab_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax expense of Medicare subsidy</link:label>
    <link:label id="lab_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB_label_en-US" xlink:label="lab_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Expense of Medicare Subsidy [Member]</link:label>
    <link:label id="lab_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB_documentation_en-US" xlink:label="lab_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the tax expense of Medicare subsidy.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_TaxExpenseOfMedicareSubsidyMember" xlink:label="loc_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB" xlink:to="lab_pnw_TaxExpenseOfMedicareSubsidyMember_4199D49EF3F450EBAA353F64A8CFDBAB" xlink:type="arc" />
    <link:label id="lab_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69_terseLabel_en-US" xlink:label="lab_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transmission vegetation management</link:label>
    <link:label id="lab_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69_label_en-US" xlink:label="lab_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transmission Vegetation Management [Member]</link:label>
    <link:label id="lab_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69_documentation_en-US" xlink:label="lab_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Anticipated costs associated with transmission vegetation management to maintain the reliability of overhead transmission lines by minimizing vegetation-caused outages.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_TransmissionVegetationManagementMember" xlink:label="loc_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69" xlink:to="lab_pnw_TransmissionVegetationManagementMember_A5A60369920B9A299AE93F64A8CF9E69" xlink:type="arc" />
    <link:label id="lab_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC_terseLabel_en-US" xlink:label="lab_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mead-Phoenix transmission line CIAC</link:label>
    <link:label id="lab_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC_label_en-US" xlink:label="lab_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mead-Phoenix transmission line CIAC [Member]</link:label>
    <link:label id="lab_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC_documentation_en-US" xlink:label="lab_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mead-Phoenix transmission line CIAC [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_MeadPhoenixtransmissionlineCIACMember" xlink:label="loc_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC" xlink:to="lab_pnw_MeadPhoenixtransmissionlineCIACMember_BF20FBF12A8490566C3E3F64A8CFE8EC" xlink:type="arc" />
    <link:label id="lab_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF_terseLabel_en-US" xlink:label="lab_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transmission cost adjustor (b)</link:label>
    <link:label id="lab_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF_label_en-US" xlink:label="lab_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transmission Cost Adjustor [Member]</link:label>
    <link:label id="lab_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF_documentation_en-US" xlink:label="lab_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transmission Cost Adjustor [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_TransmissionCostAdjustorMember" xlink:label="loc_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF" xlink:to="lab_pnw_TransmissionCostAdjustorMember_7B1141E77E4EFDBBEE3B3F64A8CF2DAF" xlink:type="arc" />
    <link:label id="lab_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5_terseLabel_en-US" xlink:label="lab_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Coal reclamation</link:label>
    <link:label id="lab_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5_label_en-US" xlink:label="lab_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Coal Reclamation [Member]</link:label>
    <link:label id="lab_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5_documentation_en-US" xlink:label="lab_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reclamation liability that is associated with a legal obligation for the reclamation of coal properties.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_CoalReclamationMember" xlink:label="loc_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5" xlink:to="lab_pnw_CoalReclamationMember_D569D10204B2710DE2353F64A8CFCAA5" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherRegulatoryAssetsLiabilitiesMember_ECA22AFC69848FD22D473F64A8CFBC0E_terseLabel_en-US" xlink:label="lab_us-gaap_OtherRegulatoryAssetsLiabilitiesMember_ECA22AFC69848FD22D473F64A8CFBC0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherRegulatoryAssetsLiabilitiesMember_ECA22AFC69848FD22D473F64A8CFBC0E_label_en-US" xlink:label="lab_us-gaap_OtherRegulatoryAssetsLiabilitiesMember_ECA22AFC69848FD22D473F64A8CFBC0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Regulatory Assets (Liabilities) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherRegulatoryAssetsLiabilitiesMember" xlink:label="loc_us-gaap_OtherRegulatoryAssetsLiabilitiesMember_ECA22AFC69848FD22D473F64A8CFBC0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherRegulatoryAssetsLiabilitiesMember_ECA22AFC69848FD22D473F64A8CFBC0E" xlink:to="lab_us-gaap_OtherRegulatoryAssetsLiabilitiesMember_ECA22AFC69848FD22D473F64A8CFBC0E" xlink:type="arc" />
    <link:label id="lab_us-gaap_RegulatoryAssetLineItems_46E37BEA08740711F9C23F64A8CFBFA0_terseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryAssetLineItems_46E37BEA08740711F9C23F64A8CFBFA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Detail of regulatory assets</link:label>
    <link:label id="lab_us-gaap_RegulatoryAssetLineItems_46E37BEA08740711F9C23F64A8CFBFA0_label_en-US" xlink:label="lab_us-gaap_RegulatoryAssetLineItems_46E37BEA08740711F9C23F64A8CFBFA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Assets [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryAssetLineItems" xlink:label="loc_us-gaap_RegulatoryAssetLineItems_46E37BEA08740711F9C23F64A8CFBFA0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RegulatoryAssetLineItems_46E37BEA08740711F9C23F64A8CFBFA0" xlink:to="lab_us-gaap_RegulatoryAssetLineItems_46E37BEA08740711F9C23F64A8CFBFA0" xlink:type="arc" />
    <link:label id="lab_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC_terseLabel_en-US" xlink:label="lab_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory assets, current</link:label>
    <link:label id="lab_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC_label_en-US" xlink:label="lab_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Asset Including Deferred Fuel and Purchased Power Regulatory Asset Current</link:label>
    <link:label id="lab_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC_documentation_en-US" xlink:label="lab_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount for the individual regulatory current asset including deferred fuel and purchased power as itemized in a table of regulatory current assets as of the end of the period.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent" xlink:label="loc_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC" xlink:to="lab_pnw_RegulatoryAssetIncludingDeferredFuelAndPurchasedPowerRegulatoryAssetCurrent_D267DDD25AFF6CF662A03F64A8CFF4EC" xlink:type="arc" />
    <link:label id="lab_us-gaap_RegulatoryAssetsNoncurrent_443EAF60B6D7A0546DC53F64A8CF7E0F_verboseLabel_en-US" xlink:label="lab_us-gaap_RegulatoryAssetsNoncurrent_443EAF60B6D7A0546DC53F64A8CF7E0F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Regulatory assets, non-current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RegulatoryAssetsNoncurrent" xlink:label="loc_us-gaap_RegulatoryAssetsNoncurrent_443EAF60B6D7A0546DC53F64A8CF7E0F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RegulatoryAssetsNoncurrent_443EAF60B6D7A0546DC53F64A8CF7E0F" xlink:to="lab_us-gaap_RegulatoryAssetsNoncurrent_443EAF60B6D7A0546DC53F64A8CF7E0F" xlink:type="arc" />
    <link:label id="lab_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB_terseLabel_en-US" xlink:label="lab_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory Matters</link:label>
    <link:label id="lab_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB_label_en-US" xlink:label="lab_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Matters [Text Block]</link:label>
    <link:label id="lab_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB_documentation_en-US" xlink:label="lab_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This element represents Regulatory Matters.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RegulatoryMattersTextBlock" xlink:label="loc_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB" xlink:to="lab_pnw_RegulatoryMattersTextBlock_ADAE3781280334A52A3F0BEE11D24CAB" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesAbstract_574A82B4D4F5D5E8205A152E54749AE3_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesAbstract_574A82B4D4F5D5E8205A152E54749AE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amounts relating to the VIEs included in Condensed Consolidated Balance Sheets</link:label>
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesAbstract_574A82B4D4F5D5E8205A152E54749AE3_label_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesAbstract_574A82B4D4F5D5E8205A152E54749AE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesAbstract" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesAbstract_574A82B4D4F5D5E8205A152E54749AE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesAbstract_574A82B4D4F5D5E8205A152E54749AE3" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesAbstract_574A82B4D4F5D5E8205A152E54749AE3" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C5964C62F8346FAF16F8152E54747261_terseLabel_en-US" xlink:label="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C5964C62F8346FAF16F8152E54747261" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Palo Verde sale leaseback property plant and equipment, net of accumulated depreciation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets" xlink:label="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C5964C62F8346FAF16F8152E54747261" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C5964C62F8346FAF16F8152E54747261" xlink:to="lab_us-gaap_VariableInterestEntityConsolidatedCarryingAmountAssets_C5964C62F8346FAF16F8152E54747261" xlink:type="arc" />
    <link:label id="lab_us-gaap_MinorityInterest_02FFF8435457165DCEF9152E5475EF5F_verboseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterest_02FFF8435457165DCEF9152E5475EF5F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity &#8212; Noncontrolling interests</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaap_MinorityInterest_02FFF8435457165DCEF9152E5475EF5F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MinorityInterest_02FFF8435457165DCEF9152E5475EF5F" xlink:to="lab_us-gaap_MinorityInterest_02FFF8435457165DCEF9152E5475EF5F" xlink:type="arc" />
    <link:label id="lab_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E_terseLabel_en-US" xlink:label="lab_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Commitments and Contingencies [Table]</link:label>
    <link:label id="lab_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E_label_en-US" xlink:label="lab_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Commitments and Contingencies [Table]</link:label>
    <link:label id="lab_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E_documentation_en-US" xlink:label="lab_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Discloses the specific components of significant arrangements in which the entity has agreed to expend funds.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ScheduleOfCommitmentsAndContingenciesTable" xlink:label="loc_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E" xlink:to="lab_pnw_ScheduleOfCommitmentsAndContingenciesTable_0644A1B7BDA9B5D9006E4EB61A59FA8E" xlink:type="arc" />
    <link:label id="lab_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29_terseLabel_en-US" xlink:label="lab_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Breach of Contract for Disposal of Spent Nuclear Fuel and/or High Level Radioactive Waste</link:label>
    <link:label id="lab_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29_label_en-US" xlink:label="lab_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Arizona Public Service Company and Palo Verde Owners vs. United States Department of Energy - Spent Nuclear Fuel and Waste Disposal [Member]</link:label>
    <link:label id="lab_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29_documentation_en-US" xlink:label="lab_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Arizona Public Service Company and Palo Verde Owners vs. United States Department of Energy - Spent Nuclear Fuel and Waste Disposal [Member]</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember" xlink:label="loc_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29" xlink:to="lab_pnw_ArizonaPublicServiceCompanyandPaloVerdeOwnersvs.UnitedStatesDepartmentofEnergySpentNuclearFuelandWasteDisposalMember_2D902ABBFC933E1F52C14EB61A5A4F29" xlink:type="arc" />
    <link:label id="lab_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D_terseLabel_en-US" xlink:label="lab_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:label id="lab_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D_label_en-US" xlink:label="lab_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies [Line Items]</link:label>
    <link:label id="lab_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D_documentation_en-US" xlink:label="lab_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US" />
    <link:loc xlink:href="pnw-20160331.xsd#pnw_CommitmentsAndContingenciesLineItems" xlink:label="loc_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D" xlink:to="lab_pnw_CommitmentsAndContingenciesLineItems_321F6E45826C8AFCBFA34EB61A5AEE3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LitigationSettlementAmount_6B71501217772F6C99DA4EB61A5A007F_verboseLabel_en-US" xlink:label="lab_us-gaap_LitigationSettlementAmount_6B71501217772F6C99DA4EB61A5A007F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Litigation settlement amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LitigationSettlementAmount" xlink:label="loc_us-gaap_LitigationSettlementAmount_6B71501217772F6C99DA4EB61A5A007F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LitigationSettlementAmount_6B71501217772F6C99DA4EB61A5A007F" xlink:to="lab_us-gaap_LitigationSettlementAmount_6B71501217772F6C99DA4EB61A5A007F" xlink:type="arc" />
    <link:label id="lab_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F_terseLabel_en-US" xlink:label="lab_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of claims submitted</link:label>
    <link:label id="lab_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F_label_en-US" xlink:label="lab_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain Contingency, New Claims Filed, Number</link:label>
    <link:label id="lab_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F_documentation_en-US" xlink:label="lab_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain Contingency, New Claims Filed, Number</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_GainContingencyNewClaimsFiledNumber" xlink:label="loc_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F" xlink:to="lab_pnw_GainContingencyNewClaimsFiledNumber_8634DB7621CB4CFE4BB34EC011CB158F" xlink:type="arc" />
    <link:label id="lab_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00_terseLabel_en-US" xlink:label="lab_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of settlement agreement time periods</link:label>
    <link:label id="lab_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00_label_en-US" xlink:label="lab_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain Contingency, Number of Settlement Agreement Time Periods</link:label>
    <link:label id="lab_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00_documentation_en-US" xlink:label="lab_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain Contingency, Number of Settlement Agreement Time Periods</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_GainContingencyNumberofSettlementAgreementTimePeriods" xlink:label="loc_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00" xlink:to="lab_pnw_GainContingencyNumberofSettlementAgreementTimePeriods_51C636FDD61A13197E8E4EB61A5ABF00" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromLegalSettlements_23E4829553D5D5FE9AD44EB61A5AC89E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLegalSettlements_23E4829553D5D5FE9AD44EB61A5AC89E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from legal settlements</link:label>
    <link:label id="lab_us-gaap_ProceedsFromLegalSettlements_23E4829553D5D5FE9AD44EB61A5AC89E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLegalSettlements_23E4829553D5D5FE9AD44EB61A5AC89E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Legal Settlements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromLegalSettlements" xlink:label="loc_us-gaap_ProceedsFromLegalSettlements_23E4829553D5D5FE9AD44EB61A5AC89E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLegalSettlements_23E4829553D5D5FE9AD44EB61A5AC89E" xlink:to="lab_us-gaap_ProceedsFromLegalSettlements_23E4829553D5D5FE9AD44EB61A5AC89E" xlink:type="arc" />
    <link:label id="lab_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552_terseLabel_en-US" xlink:label="lab_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum insurance against public liability per occurrence for a nuclear incident (up to)</link:label>
    <link:label id="lab_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552_label_en-US" xlink:label="lab_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Insurance Coverage Per Incident</link:label>
    <link:label id="lab_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552_documentation_en-US" xlink:label="lab_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the maximum insurance amount against public liability per occurrence for a nuclear incident.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_MaximumInsuranceCoveragePerIncident" xlink:label="loc_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552" xlink:to="lab_pnw_MaximumInsuranceCoveragePerIncident_05C8BBA11E8090BE25F04EB61A5AC552" xlink:type="arc" />
    <link:label id="lab_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55_terseLabel_en-US" xlink:label="lab_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum available nuclear liability insurance (up to)</link:label>
    <link:label id="lab_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55_label_en-US" xlink:label="lab_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Available Nuclear Liability Insurance</link:label>
    <link:label id="lab_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55_documentation_en-US" xlink:label="lab_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the maximum available nuclear liability insurance which is provided by commercial insurance carriers, maintained by Palo Verde as required by the Price Anderson Nuclear Industries Indemnity Act.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_MaximumAvailableNuclearLiabilityInsurance" xlink:label="loc_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55" xlink:to="lab_pnw_MaximumAvailableNuclearLiabilityInsurance_9A90421C4193F50760164EB61A5ADA55" xlink:type="arc" />
    <link:label id="lab_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB_terseLabel_en-US" xlink:label="lab_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining nuclear liability insurance through mandatory industry wide retrospective assessment program</link:label>
    <link:label id="lab_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB_label_en-US" xlink:label="lab_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remaining Nuclear Liability Insurance Through Mandatory Industry Wide Retrospective Assessment Program</link:label>
    <link:label id="lab_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB_documentation_en-US" xlink:label="lab_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the remaining nuclear liability insurance that is provided through mandatory industry wide retrospective assessment program.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram" xlink:label="loc_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB" xlink:to="lab_pnw_RemainingNuclearLiabilityInsuranceThroughMandatoryIndustryWideRetrospectiveAssessmentProgram_5240BF4B65707D3B7A0A4EB61A5A1FFB" xlink:type="arc" />
    <link:label id="lab_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED_terseLabel_en-US" xlink:label="lab_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum retrospective premium assessment per reactor for each nuclear liability incident</link:label>
    <link:label id="lab_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED_label_en-US" xlink:label="lab_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Assessment Per Reactor for Each Nuclear Incident</link:label>
    <link:label id="lab_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED_documentation_en-US" xlink:label="lab_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the maximum assessment per reactor under the program for each nuclear incident.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_MaximumAssessmentPerReactorForEachNuclearIncident" xlink:label="loc_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED" xlink:to="lab_pnw_MaximumAssessmentPerReactorForEachNuclearIncident_DECE78622375BE0159964EB61A5ADEED" xlink:type="arc" />
    <link:label id="lab_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA_terseLabel_en-US" xlink:label="lab_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual limit per incident with respect to maximum retrospective premium assessment</link:label>
    <link:label id="lab_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA_label_en-US" xlink:label="lab_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Annual Limit Per Incident with Respect to Maximum Assessment</link:label>
    <link:label id="lab_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA_documentation_en-US" xlink:label="lab_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the annual limit per incident with respect to the maximum assessment per reactor under the program for each nuclear incident, to be periodically adjusted for inflation.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment" xlink:label="loc_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA" xlink:to="lab_pnw_AnnualLimitPerIncidentWithRespectToMaximumAssessment_60A64F90F71D44647F274EB61A5A24AA" xlink:type="arc" />
    <link:label id="lab_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC_terseLabel_en-US" xlink:label="lab_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum potential retrospective assessment per incident of APS</link:label>
    <link:label id="lab_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC_label_en-US" xlink:label="lab_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Potential Retrospective Assessment Per Incident</link:label>
    <link:label id="lab_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC_documentation_en-US" xlink:label="lab_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the maximum potential retrospective assessment per incident based on the interest of APS in the three Palo Verde units.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_MaximumPotentialRetrospectiveAssessmentPerIncident" xlink:label="loc_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC" xlink:to="lab_pnw_MaximumPotentialRetrospectiveAssessmentPerIncident_60876CE15DF5E6953E044EB61A5A73CC" xlink:type="arc" />
    <link:label id="lab_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A_terseLabel_en-US" xlink:label="lab_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual payment limitation with respect to maximum potential retrospective premium assessment</link:label>
    <link:label id="lab_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A_label_en-US" xlink:label="lab_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Annual Payment Limitation with Respect to Maximum Potential Retrospective Assessment</link:label>
    <link:label id="lab_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A_documentation_en-US" xlink:label="lab_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the annual payment limitation with respect to maximum potential retrospective assessment.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment" xlink:label="loc_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A" xlink:to="lab_pnw_AnnualPaymentLimitationWithRespectToMaximumPotentialRetrospectiveAssessment_423D997282A7667E69704EB61A5A342A" xlink:type="arc" />
    <link:label id="lab_pnw_AllRiskInsuranceForPropertyDamageAndDecontaminationAtPaloVerde_228E742C0E1DAB0EC1024EB61A5A00E5_terseLabel_en-US" xlink:label="lab_pnw_AllRiskInsuranceForPropertyDamageAndDecontaminationAtPaloVerde_228E742C0E1DAB0EC1024EB61A5A00E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of "all risk" (including nuclear hazards) insurance for property damage to, and decontamination of, property at Palo Verde</link:label>
    <link:label id="lab_pnw_AllRiskInsuranceForPropertyDamageAndDecontaminationAtPaloVerde_228E742C0E1DAB0EC1024EB61A5A00E5_label_en-US" xlink:label="lab_pnw_AllRiskInsuranceForPropertyDamageAndDecontaminationAtPaloVerde_228E742C0E1DAB0EC1024EB61A5A00E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Risk Insurance for Property Damage and Decontamination at Palo Verde</link:label>
    <link:label id="lab_pnw_AllRiskInsuranceForPropertyDamageAndDecontaminationAtPaloVerde_228E742C0E1DAB0EC1024EB61A5A00E5_documentation_en-US" xlink:label="lab_pnw_AllRiskInsuranceForPropertyDamageAndDecontaminationAtPaloVerde_228E742C0E1DAB0EC1024EB61A5A00E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the "all risk" (including nuclear hazards) insurance for property damage to, and decontamination of, property at Palo Verde of which a substantial portion must first be applied to stabilization and decontamination.</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_AllRiskInsuranceForPropertyDamageAndDecontaminationAtPaloVerde_228E742C0E1DAB0EC1024EB61A5A00E5" xlink:to="lab_pnw_AllRiskInsuranceForPropertyDamageAndDecontaminationAtPaloVerde_228E742C0E1DAB0EC1024EB61A5A00E5" xlink:type="arc" />
    <link:label id="lab_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38_terseLabel_en-US" xlink:label="lab_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum amount that APS could incur under the current NEIL policies for each retrospective assessment</link:label>
    <link:label id="lab_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38_label_en-US" xlink:label="lab_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Amount that Could be Incurred under Retrospective Assessment of NEIL Policies</link:label>
    <link:label id="lab_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38_documentation_en-US" xlink:label="lab_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum Amount that Could be Incurred under Retrospective Assessment of NEIL Policies</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies" xlink:label="loc_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38" xlink:to="lab_pnw_MaximumAmountthatCouldbeIncurredunderRetrospectiveAssessmentofNEILPolicies_606B2BF3FB9DA34E6A194EB61A5A1F38" xlink:type="arc" />
    <link:label id="lab_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945_terseLabel_en-US" xlink:label="lab_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateral assurance provided based on rating triggers</link:label>
    <link:label id="lab_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945_label_en-US" xlink:label="lab_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral Assurance Based on Rating Triggers</link:label>
    <link:label id="lab_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945_documentation_en-US" xlink:label="lab_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the collateral assurance provided that depends upon rating triggers such as a rating downgrade to non-investment grade under NEIL policies.</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_CollateralAssuranceBasedOnRatingTriggers" xlink:label="loc_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945" xlink:to="lab_pnw_CollateralAssuranceBasedOnRatingTriggers_BC896E983DB6D988D3C64EB61A5A4945" xlink:type="arc" />
    <link:label id="lab_pnw_PeriodToProvideCollateralAssuranceBasedOnRatingTriggers_EAC4A364E4B5D15E883B4EB61A5B8283_terseLabel_en-US" xlink:label="lab_pnw_PeriodToProvideCollateralAssuranceBasedOnRatingTriggers_EAC4A364E4B5D15E883B4EB61A5B8283" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Period to provide collateral assurance based on rating triggers</link:label>
    <link:label id="lab_pnw_PeriodToProvideCollateralAssuranceBasedOnRatingTriggers_EAC4A364E4B5D15E883B4EB61A5B8283_label_en-US" xlink:label="lab_pnw_PeriodToProvideCollateralAssuranceBasedOnRatingTriggers_EAC4A364E4B5D15E883B4EB61A5B8283" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Period to Provide Collateral Assurance Based on Rating Triggers</link:label>
    <link:label id="lab_pnw_PeriodToProvideCollateralAssuranceBasedOnRatingTriggers_EAC4A364E4B5D15E883B4EB61A5B8283_documentation_en-US" xlink:label="lab_pnw_PeriodToProvideCollateralAssuranceBasedOnRatingTriggers_EAC4A364E4B5D15E883B4EB61A5B8283" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the period to provide collateral assurance based on rating triggers such as a rating downgrade to non-investment grade under NEIL policies (in days).</link:label>
    <link:loc xlink:href="pnw-20160331.xsd#pnw_PeriodToProvideCollateralAssuranceBasedOnRatingTriggers" xlink:label="loc_pnw_PeriodToProvideCollateralAssuranceBasedOnRatingTriggers_EAC4A364E4B5D15E883B4EB61A5B8283" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_824F3F67932EC56F8F580BEE1272EAB1_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_824F3F67932EC56F8F580BEE1272EAB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Detail of other income and other expense</link:label>
    <link:label id="lab_us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_824F3F67932EC56F8F580BEE1272EAB1_label_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_824F3F67932EC56F8F580BEE1272EAB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Other Nonoperating Income (Expense) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_824F3F67932EC56F8F580BEE1272EAB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_824F3F67932EC56F8F580BEE1272EAB1" xlink:to="lab_us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock_824F3F67932EC56F8F580BEE1272EAB1" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_4960C4B00323D66FCE500BEE10E10B50_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_4960C4B00323D66FCE500BEE10E10B50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings Per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_4960C4B00323D66FCE500BEE10E10B50_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_4960C4B00323D66FCE500BEE10E10B50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_4960C4B00323D66FCE500BEE10E10B50" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_4960C4B00323D66FCE500BEE10E10B50" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_4960C4B00323D66FCE500BEE10E10B50" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_C70538425D6F311151590BEE10CF6599_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_C70538425D6F311151590BEE10CF6599" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OTHER COMPREHENSIVE INCOME, NET OF TAX</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_C70538425D6F311151590BEE10CF6599_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_C70538425D6F311151590BEE10CF6599" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_C70538425D6F311151590BEE10CF6599" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_C70538425D6F311151590BEE10CF6599" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_C70538425D6F311151590BEE10CF6599" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgesAbstract_A7EE3610B2DE36E990070BEE10CFA922_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgesAbstract_A7EE3610B2DE36E990070BEE10CFA922" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative instruments:</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgesAbstract_A7EE3610B2DE36E990070BEE10CFA922_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgesAbstract_A7EE3610B2DE36E990070BEE10CFA922" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments and Hedges, Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgesAbstract" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgesAbstract_A7EE3610B2DE36E990070BEE10CFA922" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsAndHedgesAbstract_A7EE3610B2DE36E990070BEE10CFA922" xlink:to="lab_us-gaap_DerivativeInstrumentsAndHedgesAbstract_A7EE3610B2DE36E990070BEE10CFA922" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_F2867D8C1F0F428D50A30BEE10D07EE5_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_F2867D8C1F0F428D50A30BEE10D07EE5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized gain (loss), net of tax benefit (expense)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_F2867D8C1F0F428D50A30BEE10D07EE5_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_F2867D8C1F0F428D50A30BEE10D07EE5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_F2867D8C1F0F428D50A30BEE10D07EE5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_F2867D8C1F0F428D50A30BEE10D07EE5" xlink:to="lab_us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax_F2867D8C1F0F428D50A30BEE10D07EE5" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_C2EF5FA70BD7695A6D700BEE10D048CA_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_C2EF5FA70BD7695A6D700BEE10D048CA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Reclassification of net realized loss, net of tax benefit</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_C2EF5FA70BD7695A6D700BEE10D048CA_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_C2EF5FA70BD7695A6D700BEE10D048CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax_C2EF5FA70BD7695A6D700BEE10D048CA" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_79BD37A4381434B970A50BEE10D07B4C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_79BD37A4381434B970A50BEE10D07B4C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Pension and other postretirement benefits activity, net of tax benefit (expense)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_79BD37A4381434B970A50BEE10D07B4C_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_79BD37A4381434B970A50BEE10D07B4C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_79BD37A4381434B970A50BEE10D07B4C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_79BD37A4381434B970A50BEE10D07B4C" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_79BD37A4381434B970A50BEE10D07B4C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_570B0C7C82B331F56D790BEE10D0CF12_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_570B0C7C82B331F56D790BEE10D0CF12" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">COMPREHENSIVE INCOME</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_570B0C7C82B331F56D790BEE10D0CF12_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_570B0C7C82B331F56D790BEE10D0CF12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_570B0C7C82B331F56D790BEE10D0CF12" xlink:type="locator" />
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    <link:label id="lab_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_0BCA6926589B25357EE50BEE10F4265F_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIncomeDisclosureNonoperatingAbstract_0BCA6926589B25357EE50BEE10F4265F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income:</link:label>
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