1/24/2020

    SWEPCO, Other Arkansas Parties Reach Agreement in Wind Power Proposal

    SHREVEPORT, La., Jan. 24, 2020 – Southwestern Electric Power Co. (SWEPCO), an American Electric Power (NYSE: AEP) company, has reached a settlement agreement with the Arkansas Public Service Commission (APSC) General Staff, the Office of Arkansas Attorney General Leslie Rutledge and Walmart, Inc. regarding SWEPCO’s proposal to add 810 megawatts (MW) of wind energy.

    The unanimous settlement agreement, filed Jan. 24, 2020, seeks final APSC approval for SWEPCO’s proposed purchase of three wind generation facilities in Oklahoma.

    “We’re pleased that the parties in this proceeding have carefully reviewed the proposal and reached an agreement that will provide more clean, low-cost energy to Arkansas customers,” said Malcolm Smoak, SWEPCO president and chief operating officer. “This project supports our long-term strategy of renewable energy providing more than one-third of the resource mix serving our customers. In addition to the environmental benefits of wind energy, SWEPCO customers will save an estimated $2 billion over the 30-year expected life of the new facilities.”

    SWEPCO is proposing to acquire three wind facilities in north central Oklahoma – known as the North Central Energy Facilities – in conjunction with its sister company, Public Service of Oklahoma (PSO). SWEPCO will own 54.5% of the 1,485-MW project with an investment of $1.01 billion.  

    In filings submitted July 15, 2019, SWEPCO is seeking approval of its proposal from utility regulators in Arkansas, Louisiana and Texas. The proposal is scalable to align with regulatory approvals by state, subject to commercial limitations. States that approve the project would have the ability to increase the number of megawatts allocated to them should another state or states reject the proposal. The proposal is also subject to review by the Federal Energy Regulatory Commission (FERC).

    SWEPCO serves more than 536,300 customers in three states, including 119,800 in Arkansas.

    About Southwestern Electric Power Co. (SWEPCO)

    SWEPCO, an American Electric Power (AEP: NYSE) company, serves more than 536,300 customers in western Arkansas, northwest and central Louisiana, northeast Texas and the Texas Panhandle. SWEPCO’s headquarters are in Shreveport, La. News releases and other information about SWEPCO can be found at SWEPCO.com. Connect with us at Facebook.com/SWEPCO, Twitter.com/SWEPCOnews, Youtube.com/SWEPCOtv and SWEPCOConnections.com.

    About American Electric Power (AEP)

    American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s approximately 18,000 employees operate and maintain the nation’s largest electricity transmission system and more than 219,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 32,000 megawatts of diverse generating capacity, including about 5,200 megawatts of renewable energy. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, East Texas and the Texas Panhandle). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide. For more information, visit aep.com.

     

    SWEPCO Corporate Communications
    Peter Main (479-973-2526)
    Carey Sullivan (318-673-3458)

    More From AEP

    Sign Up Now Pay Online for Free with Paperless Billing

    Pay Online for Free with Paperless Billing

    Use Online Form Report Outages On Your Mobile Phone

    Report Outages On Your Mobile Phone

    How We Restore Power Learn more

    How We Restore Power

    Find Out How Save Energy. Save Money

    Save Energy. Save Money

    Visit AEP.com
    Use of this site constitutes acceptance of the AEP Terms and Conditions. View our Privacy Policy. © 1996-2019 American Electric Power. All Rights Reserved.

    Privacy Policy

    Privacy Policy for AEPNationalAccounts.com

    Scope

    This Privacy Policy applies only to AEPNationalAccounts.com. Other AEP websites and apps may be governed by their own privacy policies, appropriate to the uses and needs of each. Throughout the site or app, we may provide links to resources and sites that are not part of AEPNationalAccounts.com. This Privacy Policy does not apply to those resources and sites.

    Consent

    By using this site or app, you consent to the terms of this Privacy Policy. Whenever you submit information via this site or app, you agree to the collection, use, and disclosure of that information in accordance with this Privacy Policy.

    Information Collected

    1. Passively collected information

      During your use of this site or app, we may collect anonymous information about your visit here through the use of server logs, cookies, scripts, tracking pixels and other Web traffic tracking systems. This information is aggregated and used to improve user experience through analysis of user activities. This information is never combined with any of the personally identifiable information you may provide in your use of the features of this site or app.
    2. Personally identifiable information

      On certain forms of this site or app, you may be asked to provide information about yourself or your account with us, either to identify yourself to us or to request a service from us. In each case, we will inform you what information is provided at your option and what information is required to complete the transaction or activity you are engaged in. If you are unwilling to provide this required information, you will be unable to complete the requested transaction.

    Use and disclosure of information

    The information you provide to us will be used to respond to requests you may make for services. Some or all of this information may be added to your permanent account record and may be used for research purposes.

    In addition, we may use elements of this information in the following situations:

    1. We may transfer the information to AEP’s affiliates and subsidiaries, unless such transfer is prohibited by law;
    2. We may transfer the information as part of a merger, consolidation, acquisition, divestiture or other corporate restructuring (including bankruptcy);
    3. We may make the information available to third parties who are providing the product, service or information that you have requested (but not your password);
    4. We may make such information available to third parties who are providing services to AEP (for example, providing the information to third parties performing computer-related services for AEP);
    5. We may use the information to communicate with you about products and services that may be of interest to you.
    6. We may disclose the information if we form a good-faith belief that disclosure of such information is necessary to investigate, prevent, or take action regarding any illegal activities or regarding interference with the operation of our site or violation of its terms of use; or
    7. We may disclose the information if we believe that disclosure is required by law or regulation or in response to a subpoena or other order of a court or other governmental agency.

    AEP uses Flurry Analytics Service (provided by Yahoo) in order to improve its mobile apps. Flurry’s privacy policy governs the use of this information.

    Also, AEP reserves the right to share any aggregated information (i.e., non-personally identifiable information) with any third parties for any reason, unless prohibited by law.

    We will not sell, rent or otherwise disclose the information we gather about you or your account to any third party, except as outlined in this Privacy Policy.

    Security

    AEP takes reasonable steps to protect your personally identifiable information as it is transferred to us, through the use of Web technologies such as the Secure Sockets Layer and others. However, no Internet transmission of information is ever completely secure or error-free. In particular, e-mail sent to or from AEP may not be secure.

    How to Reach Us

    If you would like to update your personally identifiable information or if you have questions about this privacy policy, please contact us.

    Changes to This Policy

    AEP reserves the right to change this Privacy Policy at any time. If this Privacy Policy changes, the revised policy will be posted to this site. Please review this Privacy Policy before you provide any personally identifiable information through this site. Use of our web site after the posting of a revised privacy policy constitutes your consent to the revised policy.

    This policy was last revised on December 13, 2017.

    Close ×

    Sign Up For Alerts

    Subscribing to AEP alerts gives you instant notification for:

    • Billing & Payments - avoid late payments and disconnection
    • Outage Updates - find out if there's an outage at your address and when power will be back on

    Win an Xbox One with Alerts!

    Enroll in alerts to be eligible to win. Subscribing to I&M alerts gives you instant notification for:

    • Billing & Payments - avoid late payments and disconnection
    • Outage Updates - find out if there's an outage at your address and when power will be back on

    Loading video...

    ×