SWEPCO Press Release

SWEPCO Crews Heading to Florida ahead of Hurricane Ian

September 27, 2022 – Southwestern Electric Power Co., an American Electric Power (Nasdaq: AEP) company, announced today that the company plans to send more than 300 personnel to Florida in preparation for Hurricane Ian.

The company has 106 employees and more than 200 contractors heading to Orlando to assist utility companies in restoration efforts after the hurricane makes landfall later this week. 

SWEPCO to Waive Late Fees, Offer Extended Payment Plans to Help with High Bill Concerns

August 16, 2022 – Southwestern Electric Power Co. announced today new measures to help residential customers facing high bills due to increased demand and rising fuel costs.

All SWEPCO residential customers can get their late fees waived and take advantage of an extended payment plan that gives them up to 12 months to pay their bill in full. In some cases, deposits can also be waived. These are similar programs offered during the height of the COVID-19 pandemic.

SWEPCO Addresses Misconceptions Amid Rise in Residential Solar Panel Interest

August 4, 2022 - SWEPCO supports solar energy but increasingly hears from customers with misconceptions about the cost and process to install solar panels at their home. There are many factors that determine if a solar system will make sense for a customer, and SWEPCO encourages residents to educate themselves before making an investment.

For those considering solar, SWEPCO wants you to consider these things:

Should you lease or buy?

SWEPCO Restoring Power After Severe Storms

April 13, 2022 - Nearly 46,000 SWEPCO customers are without power after severe weather swept through the Ark-La-Tex overnight.

Damage assessors have reported downed power lines and fallen trees throughout the area.

Remember to stay away and keep children and pets away from downed lines. Treat all downed power lines as if they are energized and dangerous.

As of 6am today, about 40,000 customers in Northwest Louisiana and 8,400 customers in East Texas are without power. At the peak, about 65,000 customers were without power.

Texas Commission Approves SWEPCO Rate Increase

February 28, 2022 - The Public Utility Commission of Texas has approved a base rate increase for Southwestern Electric Power Co., a unit of American Electric Power (Nasdaq: AEP).

The PUCT approved the increase in base rates to recover SWEPCO’s investments in generation, transmission and distribution facilities since 2016, plus increased operations and maintenance costs to provide reliable and safe service to Texas customers. The Commission also approved cost recovery for the Dolet Hills Power Plant, which was retired Dec. 31, 2021.

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