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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

Missouri Gas Asks for $39 Million Rate Hike

LCG, Nov. 8, 2000--Missouri Gas Energy Co. yesterday asked regulators for authority to raise rates by $39 million a year. The increase would be in a form that would increase householders' natural gas bills by about $5 per month regardless of how much gas they used.

The Missouri Public Service Commission has 11 months to decide whether to grant the company's request.

The company, which last raised its rates three years ago, said the increased revenues were needed to replace gas lines and install new lines to serve housing developments. Paul Snider, a spokesman for the utility, said "The bottom line is: We aren't making enough to recover our expenses and make a reasonable rate of return."

The stipulation that customers pay a higher monthly charge regardless of gas usage is like to face opposition. Doug Micheel, senior counsel with the Missouri Office of Public Counsel, said "We have traditionally been against the top-loading of fixed charges on consumers."

The rate increase would increase the flat customer service charge by $7.45 from $9.05 per month to $16.50. But the charge for energy would decrease by about $2.50 for the typical customer, resulting in a $5 increase.

Raising the customer charge would allow the utility to count on a stable flow of revenue, Snider said. He also noted that the new rate would stabilize customers' gas bills, spreading out fluctuations in the price of the commodity over 12 months.

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