Exhibit 99.1
Item 14. Other Expenses of Issuance and Distribution.
The expenses, other than underwriting discounts and commissions, to be incurred by Arizona Public Service Company (“APS”) relating to the offering of $300,000,000 principal amount of its 4.20% Notes due 2048, under APS’s Registration Statement on Form S-3 (No. 333-224366-01) and a related prospectus supplement filed with the Securities and Exchange Commission and dated August 7, 2018 are estimated to be as follows:
|
| | |
Securities and Exchange Commission registration fee | | $37,350 |
Printing, engraving, and postage expenses | | $30,000 |
Legal fees and expenses | | $8,000 |
Accounting fees and expenses | | $105,000 |
Rating Agency fees | | $523,500 |
Transfer Agent and Registrar, Trustee and Depository fees and expenses | | $7,500 |
Blue Sky fees and expenses | | $1,650 |
Total | | $713,000 |
| | |
| | |