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Public Service Company of Oklahoma Completes Acquisition of Green Country Power Plant

LCG, July 3, 2025--American Electric Power (AEP) announced today that on June 30, the 795-MW Green Country Power Plant officially became part of the generation portfolio of Public Service Company of Oklahoma (PSO), a unit of AEP.

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Alliant Energy Submits Plans to Iowa Utilities Commission for the Addition of 1,000 MW of Wind Capacity

LCG, July 2, 2025--Alliant Energy today announced plans to add up to 1,000 MW of wind energy generating capacity in Iowa to meet demand and ensure reliable, affordable energy for its customers. The plans are included in a filing with the Iowa Utilities Commission (IUC), and the company anticipates a decision from the IUC in the first quarter of 2026.

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Industry News

State Senate Passes Bill Capping San Diego Rates

LCG, Aug. 30, 2000The California State Senate yesterday passed a bill that would put a limit on what San Diego Gas & Electric Co. residential and small commercial customers could be charged for electricity.

The measure could reach the Assembly as early as today, but there is a question whether sufficient support for passage in the lower chamber. There is little time for lobbying, as the California Legislature will adjourn tomorrow.
The Senate legislation, caps the generation portion of the electric bill at 6.5 cents per kilowatt-hour. That would make the total bill for the typical householder somewhere around $68. In the past three months, SDG&E's residential customers have seen their total electric bills go from about $55 to around $110.

The soaring bills are the result of deregulation of the state's electric industry but affect only SDG&E customers because their utility has paid off its stranded costs and no longer falls under the rate freeze imposed on all three of the state's investor-owned utilities with the enactment of the California electric restructuring law.

The bill passed yesterday also requires an investigation into the way SDG&E purchases power on behalf of its customers. There is not much to investigate. The state restructuring law mandates that all three utilities purchase all of their power through the state-run California Power Exchange.

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