Public Service Co. of Oklahoma on Monday said it is seeking proposals from
renewable-energy producers. The request was issued by American Electric Power, parent of PSO and
Southwestern Electric Power Co. Proposals are due Dec. 1 for up to 250 megawatts
of renewable-energy electricity generation within the Southwest Power Pool,
which includes PSO and Southwestern. AEP expects to complete agreements with any
successful bidders in March. AEP is seeking bids from renewable-energy providers that could place new
generating facilities into service by Dec. 31, 2005. The recently extended federal Production Tax Credit provides owners of
renewable resources a tax credit equal to $18 per megawatt- hour for 10 years
beginning on the facilities' in-service date.
Visit http://www.powermarketers.com/index.shtml for excellent coverage on your energy news front.