AEP Texas Central and AEP Texas North have petitioned the Public Utility Commission of Texas for approval of a transaction under which the companies would be merged into their parent, which will be renamed AEP Texas.

AEP Texas proposes to maintain two distinct divisions under the merger — AEP Texas-Central Division and AEP Texas-North Division, which will maintain their current rates and tariffs.

Keep reading at Energy Choice Matters.

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