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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

Rhode Island Bill Would Spur Electric Competition

LCG, Feb. 27, 2002--A bill introduced by Rhode Island lawmakers would attempt to make lower power prices available to the state's small power users.

House Speaker John B. Harwood, D-Pawtucket, and Rep. Brian P. Kennedy, D-Hopkinton, say that the proposed legislation is meant to succeed in ways that the Utilities Restructuring Act of 1996 did not. Since, 1998, customers have been able to choose a supplier other than Narragansett Electric.

Marketers are generally not seen as being as willing to court consumers as they are large businesses, due to the relatively high cost needed to attract a small amount of additional consumer sales. One part of the bill would allow municipalities to solicit bids from suppliers on behalf of their residents, and switch all residents' to the least expensive supplier except for those who opted not to be switched. Thirty-four Rhode Island towns are already realizing savings based on a deal negotiated by the Rhode Island League of Cities and Towns for a duration of five years beginning in 1999.

Despite the bill's focus on allowing aggregation of tens of thousands of customers, it would also give individual customers an option to select higher-priced "green power" produced from renewable resources.

Rate structures would have to reflect different time-of-day costs. In Washington state, a move to higher charges for customers during day-time peak periods have coincided with a shift in power usage towards off-peak periods, when lower prices are in place.

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