In large container, combine pancake mix, granola, nuts and orange peel; mix well. Cover tightly until ready to use.
When ready to make pancakes, add water. Stir just until large lumps disappear.
Heat griddle or skillet over medium-high heat. Lightly grease griddle. For each pancake, pour 1/4 cup batter onto hot griddle to form 4-inch pancake. Cook 2 to 3 minutes, turning when edges looked cooked and bubbles begin to break on surface. Continue to cook an additional 1 1/2 to 2 minutes or until golden brown. Serve with syrup and butter.