INDEPENDENT AUDITORS' CONSENT


We consent to the  incorporation  by reference in  Registration  Statement  Nos.
33-39208,  33-54287  and  33-54307 on Form S-8 of our report dated March 3, 1995
(which  expresses an unqualified  opinion and includes an explanatory  paragraph
relating  to the  Company's  change in method of  accounting  for  income  taxes
discussed  in Note 3 to those  financial  statements),  appearing  in the Annual
Report on Form 10-K of  Pinnacle  West  Capital  Corporation  for the year ended
December 31, 1994.

DELOITTE & TOUCHE LLP

DELOITTE & TOUCHE LLP
Phoenix, Arizona

August 11, 1995