News Releases

See also: AEP corporate news releases

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12/11/2008
AEP Texas Launches The Great Texas Refrigerator Roundup
AEP Texas has announced the launch of The Great Texas Refrigerator Roundup,® which will reward electric customers it serves with $35 for each inefficient, operating refrigerator and freezer turned in for recycling.


12/3/2008
AEP Texas electrical safety tips for the holiday season
“The year’s largest and most festive holiday season is upon us and safety should be a priority when decorating the house,” says John Flowers, AEP Texas safety manager. “Electrical safety is especially important during the holiday season due to decorative lights draped through trees and around homes.”


9/11/2008
AEP Texas Prepares for Hurricane Ike
The  AEP Texas Emergency Management Organization is currently making contingency plans for power restoration should Hurricane Ike impact its service area along the Texas Gulf Coast


9/9/2008
AEP Texas urges customers to prepare for Hurricane Ike
As Hurricane Ike approaches the Texas Gulf Coast, electric customers on life support systems are reminded to make arrangements now in case of a prolonged power outage.


8/2/2008
Hurricane Dolly power restoration coming to close
CORPUS CHRISTITexas, Aug. 2, 2008 – Power restoration efforts in the Rio Grande Valley are expected to be completed today as AEP Texas crews work remaining outages  concentrated mainly in the Harlingen area.


5/24/2007
PUCT approves settlement in AEP Texas North Company rate proceeding
American Electric Power  (NYSE: AEP) subsidiary AEP Texas North Company (TNC) announced that the Public Utility Commission of Texas (PUCT) has approved the unanimous settlement of a request by TNC to increase the rates it charges Retail Electric Providers (REPs) for transmission and distribution services. 


3/23/2007
Electrical equipment theft increasing across AEP Texas
A booming scrap metal market and the dramatic increase in wire thefts has AEP Texas officials very concerned. AEP Texas is asking customers and the public to report any suspicious activity near company facilities to local law enforcement officials and to notify the company as well.


2/14/2007
AEP SELLS TCC SHARE OF OKLAUNION TO BROWNSVILLE PUBLIC UTILITIES BOARD

AEP Texas Central Co. (TCC) completed the sale of its 7.8 percent share of Oklaunion Power Station to the City of Brownsville, Texas, (Public Utilities Board Brownsville), for $42.75 million plus adjustments. 



2/1/2007
Winter Storm Preparedness
Parts of the AEP Texas service area in west and south Texas may experience colder than normal temperatures next week. This press release gives electric customers tips on what to do in case of an outage.


11/9/2006
AEP Texas North Company seeks permission
to increase rates charged to retail electric providers

AUSTIN, Texas – AEP Texas North Company (TNC) today filed a request with the Public Utility Commission of Texas (PUCT) to increase the transmission and distribution rates charged to retail electric providers (REPs).


11/9/2006
AEP Texas Central Company seeks permission
to increase rates charged to retail electric providers

AUSTIN, Texas – AEP Texas Central Company (TCC) today filed a request with the Public Utility Commission of Texas (PUCT) to increase the transmission and distribution rates charged to retail electric providers (REPs).


11/6/2006
AEP AND MIDAMERICAN ENERGY HOLDINGS COMPANY TO FORM JOINT VENTURE COMPANY TO BUILD TRANSMISSION IN TEXAS
Announcement part of AEP strategy to grow its transmission business

COLUMBUS, Ohio – American Electric Power (NYSE: AEP) has signed a memorandum of understanding (MOU) with MidAmerican Energy Holdings Co. (MidAmerican) to form a joint venture company to build and own new electric transmission assets within the Electric Reliability Council of Texas (ERCOT).


10/27/2006

AEP Texas completes repair of high voltage transmission line to the Rio Grande Valley



10/19/2006
Temporary transmission line repairs reduce potential for Rio Grande Valley outage
AEP Texas completed some temporary repairs to its damaged high voltage transmission line south of Corpus Christi this afternoon to lessen the potential for a significant outage in the Rio Grande Valley.


10/17/2006
Transmission Line Failure Creates Potential for Rio Grande Valley Outage
A major transmission line failure outside Corpus Christi has created the potential for a significant outage in the Rio Grande Valley if additional transmission failures or generation outages occur.


10/13/2006
Change a light bulb, save $30 and protect the environment
Saving $30, and protecting the environment, is as easy as changing a light bulb. If every American household changed a single light bulb to an Energy Star bulb, it would save enough energy to light more than 2.5 million homes, while also saving consumers money. AEP Texas is helping to spread the word about "Change A Light, Change The World," an annual campaign that encourages Americans to replace a conventional bulb or fixture in their home or workplace with one that has earned the government´s Energy Star label for energy efficiency.


10/10/2006
AEP TO PURSUE TEXAS TRANSMISSION OPPORTUNITIES
THROUGH FORMATION OF JOINT VENTURE COMPANY

American Electric Power (NYSE: AEP) will form a joint venture company to fund and own new electric transmission assets in Texas, the company announced today.



8/31/2006
GE ENERGY’S VFT TECHNOLOGY CHOSEN BY AEP FOR GRID RELIABILITY PROJECT AT LAREDO
(News release from GE Energy) ATLANTA, GA.—August 31, 2006 — American Electric Power (AEP) has selected GE Energy’s Variable Frequency Transformer (VFT) technology to maintain grid reliability in the Laredo, Texas area along the United States border with Mexico. The VFT will establish an asynchronous transmission link between AEP’s Texas Central Company (TCC) and Mexico’s Comisión Federal de Electricidad (CFE).

5/22/2006
AEP Texas Central reaches settlement in securitization proceedings; Securitization bonds issuance expected in Fall 2006
AEP Texas Central Company (TCC), a Texas electric transmission and distribution unit of American Electric Power (NYSE: AEP), today filed a unanimous settlement agreement with the Public Utility Commission of Texas in its securitization financing order proceedings. As part of the settlement, all parties agreed not to appeal the securitization financing order when issued by the PUCT.

“Reaching a settlement proactively resolves any issues that could otherwise result in lengthy appeals of the order and will allow us to move forward as quickly as possible to issue the securitization bonds after we receive the order from the Texas commission,” said Michael G. Morris, AEP’s chairman, president and chief executive officer. “Issuing the bonds as soon as practical after the order benefits all parties and will save our TCC customers significant interest charges on the true-up balance that would otherwise have continued to accrue during any appeals of the order.”

TCC hopes to receive a securitization financing order from the PUCT by the end of June and expects to issue the securitization bonds in fall 2006.


5/2/2006
SWEPCO and Texas North Company Seeking Transfer of Customers in Texas Panhandle



4/18/2006
ERCOT Not Anticipating Rolling Blackouts for Tuesday; Voluntary Conservations Efforts Encouraged as Heat Wave Continues
News Release Issued by ERCOT, 10:55 a.m.

AUSTIN, April 18, 2006 – The Electric Reliability Council of Texas (ERCOT) anticipates adequate generation for today´s electricity demand -- barring unforeseen circumstances -- but is still asking Texas electric consumers to conserve electricity during peak hours due to the continuing high temperatures.


4/17/2006
AEP Texas implements controlled outages in response to statewide emergency
AEP Texas temporarily interrupted power to parts of its service area Monday afternoon in answer to a statewide emergency called by the Electric Reliability Council of Texas (ERCOT). AEP Texas rotated the areas affected by the controlled outages so electricity users would not be without service for more than 30 to 45 minutes whenever possible.

ERCOT is appealing to customers across the region to voluntarily curtail electric usage between the hours of 3 p.m. and 7 p.m. on Tuesday, when the heat wave is expected to continue:
  • Turn thermostats up
  • Reduce lighting
  • Avoid running non-essential electric equipment and appliances


3/3/2006
AEP Texas Central Company files to issue
securitization bonds to fund true-up balance

AEP Texas Central Company (TCC), a Texas electric transmission and distribution unit of American Electric Power (NYSE: AEP), today filed with the Public Utility Commission of Texas for approval of a financing order to issue $1.804 billion in low-cost securitization bonds to fund the stranded costs and regulatory assets balance authorized by the commission.


12/10/2005
AEP TEXAS CREWS CONTINUE EAGLE PASS/DEL RIO
SERVICE RESTORATION ACTIVITIES

AEP Texas service crews worked through the night to restore power to customers in the Eagle Pass and Del Rio areas.  As of 11 a.m. Saturday morning, 1,100 customers in the Eagle Pass area and 400 customers in the Del Rio area still did not have power.



12/9/2005
ELECTRICITY OUTAGE AFFECTS DEL RIO/EAGLE PASS AREA
Currently, 17,000 electric customers in the Del Rio/Eagle Pass area are without power due to a transmission line failure. It is estimated that customers will be brought back into service incrementally this morning. Currently, the estimated time for complete restoration is noon today.


10/5/2005
AEP TEXAS ASSISTS WITH HURRICANE RITA RECOVERY
The massive electric power restoration effort in the wake of Hurricane Rita, now in its second week, includes 164 AEP Texas company and contract personnel from south and west Texas, along with more than 630 company and contract personnel from other parts of the 11-state American Electric Power (AEP) system.


9/22/2005
AEP TEXAS OFFERS STORM PREPARATION AND SAFETY TIPS
With Hurricane Rita threatening the Texas Gulf Coast, AEP Texas offers the following storm preparation and safety tips


9/21/2005
PREPARATION FOR HURRICANE RITA
As Hurricane Rita approaches the Texas Gulf Coast, electric customers on life support systems are reminded to make arrangements now in case of a prolonged power outage.


8/29/2005
AEP TEXAS ASSISTING IN HURRICANE KATRINA RECOVERY
AEP Texas is sending 151 employees and company contractors from throughout its service area to assist with power restoration efforts in Mississippi in the wake of Hurricane Katrina.


7/22/2005
Hurricane Emily News Release # 8

AEP Texas and support crews have completed major service restoration efforts to all areas of the Rio Grande Valley affected by Hurricane Emily.   Activities have moved from the restoration phase to the cleanup phase.


7/21/2005
Hurricane Emily News Release # 7
As of 4:30 p.m. Thursday, approximately 750 electric consumers in the Rio Grande Valley were without power. This number is down from a peak number of 27,500 in the wake of Hurricane Emily. Service restoration has been completed in many areas of the Valley, and most, if not all outages associated with Hurricane Emily are expected to be completed by 9 p.m. Friday, if not sooner.


7/21/2005
Hurricane Emily News Release # 6
As of 8:30 a.m. Thursday, approximately 7,055 electric consumers in the Rio Grande Valley were without power. This number is down from a peak number of 27,500 in the wake of Hurricane Emily.  


7/20/2005
POWER RESTORATION CONTINUES IN RIO GRANDE VALLEY
Hurricane Emily Release No. 5
Charles Patton, AEP President and Chief Operating Officer, said about 95% of customers in the areas hit hardest by Hurricane Emily will have power restored by 9 p.m. Friday. “We want to give electric consumers a realistic restoration completion time so they can make necessary arrangements,” he said.


7/20/2005
HURRICANE EMILY - ELECTRIC OUTAGE UPDATE
Hurricane Emily Release No. 4
Here are the outage numbers for the Rio Grande Valley as of 2 p.m. Wednesday.


7/20/2005
ELECTRIC OUTAGES INCREASE AS HURRICANE EMILY HEADS INLAND
Hurricane Emily Release No. 3
AEP Texas crews have begun restoring power in the Rio Grande Valley in the wake of Hurricane Emily. Currently, there are about 23,300 electric consumers without power.


7/19/2005
Hurricane Emily Preparedness
Hurricane Emily Release No. 2
In anticipation of high winds, lightning and heavy rains from Hurricane Emily’s landfall later tonight,  AEP Texas cautions Rio Grande Valley residents to be mindful of downed power lines.


7/18/2005
AEP TEXAS ISSUES HURRICANE ADVISORY
FOR RESIDENTS ON LIFE SUPPORT SYSTEMS

As tropical weather threatens the South Texas coastline, residents on life support systems are reminded to make arrangements now in case of a prolonged power outage.


6/17/2005
AEP ANNOUNCES ADDITIONAL ENVIRONMENTAL INVESTMENTS AT FIVE PLANTS IN FOUR STATES
American Electric Power (NYSE: AEP) today announced five additional locations where it will invest in advanced equipment to continue to improve the environmental performance of its coal-fired power plants. These projects are part of the company’s previously announced plan to invest at least $3.7 billion in environmental retrofits through 2010.



6/17/2005
PUCT APPROVES RATE CASE SETTLEMENT
FOR AEP TEXAS SUBSIDIARY

The Public Utility Commission of Texas (PUCT) on Thursday approved a settlement in the AEP Texas Central Company (TCC) rate case, which when coupled with earlier decisions in the case, results in a net decrease of $8.8 million in base rates charged to retail electric providers and wholesale transmission customers.



5/27/2005
AEP SUBSIDIARY SUBMITS TRUE-UP FILING IN TEXAS
TCC moves forward with final step in Texas electricity restructuring

American Electric Power (NYSE: AEP) subsidiary AEP Texas Central Co. (TCC) today submitted the company’s true-up filing to the Public Utility Commission of Texas (PUCT) for a final determination of stranded costs and other true-up amounts as required by the Texas Electric Choice Act of 1999.


5/19/2005
AEP COMPLETES SALE OF ITS SHARE OF SOUTH TEXAS PROJECT TO CO-OWNERS
Company preparing to file for stranded cost recovery in Texas

American Electric Power (NYSE: AEP) subsidiary AEP Texas Central Company (TCC) completed the sale of its 25.2 percent share of the South Texas Project (STP) nuclear plant to STP co-owners Texas Genco LLC and CPS Energy (formerly City Public Service of San Antonio) for approximately $314 million. AEP will use the proceeds from the sale to reduce capitalization at AEP Texas Central Company.



3/30/2005
AEP Texas to Help Sponsor Performance
with Powerful Message for Students

SAN JUAN, TEXAS, Mar. 30, 2005--- AEP Texas, a unit of American Electric Power, will join the Pharr San Juan Alamo Independent School District (PSJA ISD) in sponsoring two Patsy Torres Positive Force concerts for students at LBJ, Liberty, Austin, Alamo and San Juan middle schools.   The concerts will take place at 9:30 a.m., and 12:30 a.m., Thursday, Mar. 31, at the Oso Dome, located at 1229 South Road, in San Juan.


11/30/2004
ALJ recommendations in TCC transmission and distribution rate case send wrong message to South Texas
AEP Texas, a unit of American Electric Power (NYSE: AEP), will file exceptions strongly objecting to revised recommendations issued by administrative law judges (ALJs) in its Texas Central Company (TCC) rate case. TCC is seeking a $41 million increase in rates to cover the costs associated with meeting the increasing energy delivery demands of south Texas’ growing economy. The revised ALJs´ recommendations call for a $51 million decrease.


7/21/2004
AEP Texas files strong exceptions to adverse recommendations by ALJs in TCC transmission and distribution rate case

AEP Texas, a unit of American Electric Power (NYSE: AEP), today filed strong exceptions to the preliminary recommendations issued by administrative law judges in its Texas Central Company (TCC) rate case. The exceptions urge that the Public Utility Commission of Texas (PUCT) reject the judges’ recommendations and approve a rate increase for TCC.


6/21/2004
AEP, Sempra Energy Partners, Carlyle/Riverstone Announce Marine Development Center Lease Extension

American Electric Power joined Sempra Energy Partners and Carlyle/Riverstone Global Energy and Power Fund in announcing a 10-year lease extension for property and facilities at the Marine Development Center at the Barney M. Davis Power Station in Corpus Christi.

5/26/2004
AEP Reorganizes into Regional Utility Divisions;
Charles Patton Named AEP Texas President, COO

New structure places decision-making closer to customers

American Electric Power is reorganizing its distribution and customer service operations into seven regional utility divisions, placing operational authority in the hands of division presidents and their support staffs. AEP Texas, led by President and Chief Operating Officer Charles Patton, will include all customers currently served by AEP´s Texas Central and Texas North subsidiaries.