American Electric Power, the parent company to Public Service Company of Oklahoma, reported its revenues of $5.31 billion rose 13.2% from the year-ago quarter’s level of $4.70 billion. Full-Year Revenue Performance For 2025, the company recorded revenues of $21.88 billion, which missed the Zacks Consensus Estimate of $21.96 billion. The full-year top line, however, improved …
Tag: grid infrastructure
Utilities Sought $31B in Rate Hikes in 2025,PowerLines Finds
Utility Rate Hike Requests Double in 2025, PowerLines Finds A nationwide non-profit organization says utility rate increases continued to accelerate in 2025, placing growing pressure on consumers across the country — including Oklahoma ratepayers who are already paying higher monthly bills tied to past storm-related fuel costs. In a year-end analysis titled “Utility Bills Are …
AEP Seeks Approval for Stephens County Vision Substation
Transmission expansion supports Beaver Creek Solar development As AEP Oklahoma advances construction of a $260 million transmission project across southern Oklahoma, the utility has asked state regulators for approval to build a new electrical substation in Stephens County to support a major solar development. AEP recently filed an application with the Oklahoma Corporation Commission (OCC) …
Boles Files Bill Protects Ratepayers From Data Center Costs
Marlow State Rep. Brad Boles says he is moving to protect Oklahoma utility customers from paying higher power bills tied to the explosive growth of data centers across the state. Boles, a Republican who is also running for the Oklahoma Corporation Commission, announced he has filed legislation designed to stop utilities from passing the electricity …
Energy Brief: US Grid Spend, Nuclear Shift, PJM Priorities
American Electric Power Expands Grid Spending in $72B Plan Energy Brief highlights major utility capital expansion. AEP increased its five-year capex plan 33% to $72 billion as power demand grows across multiple states. Company leaders said new spending targets long-term grid infrastructure reinforcement, capacity additions, and modernization for reliability. Executives emphasized major investment will be …