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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

New Power Draws Attention of PUC for Billing Practices

LCG, Sep. 16, 2002--The New Power Co., part of an Enron subsidiary created in 1999, may be fined $3.91 million by the Public Utility Commission of Texas due to its failure to itemize charges on bills sent to power and gas customers.

Bills sent to thousands of customers were said by PUC staff to contain unexplained charges for past costs incurred by New Power for transmission and distribution service. While New Power apparently experienced some delays in being billed for such services itself, rules set by the PUC do not permit charges for items more than six months old. Power costs were shown without reference to quantity used by the customer or the price for given quantities of usage.

The suggestion by the Texas PUC staff to fine the company is not likely to yield any payment by the company, which was meant to serve customers in deregulated power and gas markets. New Power and its parent NewPower Holdings, Inc. have already filed for bankruptcy. Possible billing violations by New Power's Pennsylvania operations are also under investigation.
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