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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

Puget Energy Eases Restrictions on Some Customers

LCG, March 14, 2001--Eleven industrial electric customers in the Seattle area have reached an agreement with Puget Sound Energy Inc. providing some relief from power prices that have risen about 20 percent in recent months.

The agreement, which must be approved by the Washington state Utilities and Transportation Commission, will allow the five largest of the customers to secure alternative sources of power, including generating their own. The largest among these customers was The Boeing Co.

Four smaller companies, including Intel, will pay a fixed, fairly high price for a now but will later go to a lower flat rate based on the utility's cost to serve them. The smallest customers, the city of Anacortes and Olympic Pipeline, will immediately be place on the lower flat rate.

The 11 customers had requested the regulatory commission for relief from rising prices in the wholesale power market, but it is possible that they had agreed earlier to purchase that power when the going was good.

The Seattle Times reported that Puget Sound Energy had filed suit against six of its largest customers, including Boeing, saying they had reneged on an agreement to buy power at spot market rates.

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