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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.
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.
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.
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.