Dec. 20 — According to a press release from Southwestern Electric Power Company (SWEPCO), the company submitted a request on Dec. 16, 2016, seeking a base rate increase in Texas. The company is requesting that the Public Utility Commission of Texas (PUCT) increase the Southwestern Electric Power Company’s rates by approximately $69 million annually. New rates could go into effect in mid-to-late 2017, if approved.
Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.