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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

Utilicorp Filing Asks For Rate Increase For Fuel and Power Purchases

LCG, June 8, 2001--A Friday filing by Utilicorp United with the Missouri Public Service Commission incorporated natural gas cost projections, with higher gas costs accounting for 80% of the company's proposed 16.9% rate increase.

Currently, the Missouri Public Service Commission does not include provisions for ongoing fuel cost adjustments to recover higher fuel prices.

The other major component of the request was based on the need for wholesale market purchases during periods of peak demand, which surpass the capability of the company's own generating resources. Judy Ness, community relations director, said "if natural gas prices stay below last year's levels, we would pass those savings on to our customers in coordination with the Commission's review."

Previous rate changes since 1983 have included two increases, most recently in 1993, and four decreases. Today's rates are 7.26 percent lower than they were in 1983.

What would the proposed rate structure mean for a residential customer using 1,000 kilowatt-hours (Kwh) of electricity per month? If natural gas prices - which have been falling in response to building inventories - were to stay at very high levels, the bill would be $14 per month ($169 per annum) higher.

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