The Arkansas Public Service Commission has given SWEPCO the go ahead with its wind farm energy project.
Wind Catcher Energy Connection is a major wind farm and a dedicated power line that will bring low-cost, clean, reliable energy to AEP customers in Arkansas, Louisiana, Oklahoma and Texas. The $4.5 billion project includes the acquisition of a 2,000-megawatt wind farm under construction in the Oklahoma Panhandle, and construction of an approximately 350-mile dedicated power line that will carry the wind energy to the Tulsa area, where the existing grid will deliver it to customers. SWEPCO will own 70 percent of the project. SWEPCO’s sister company, Public Service Company of Oklahoma (PSO), will own 30 percent.
SWEPCO says the ‘Wind Catcher Energy Connection’ project will save its customers more than $4 billion over the 25-year life of the wind farm.
SWEPCO estimates customers will begin to see savings through a reduction in the fuel portion of their bills, beginning in 2021.