Wind Catcher Energy Connection Project
AEP is investing $4.5 billion in the Wind Catcher Energy Connection Project, a 2,000-megawatt wind farm in the western panhandle of Oklahoma and a dedicated power line to deliver energy produced by the turbines. The project will be owned by and serve customers of two AEP companies – Public Service Company of Oklahoma and Southwestern Electric Power Company.
The wind farm and power line will deliver high-quality, low-cost wind energy and save PSO and SWEPCO customers more than $7 billion over 25 years.
Customers benefit from cost savings that include no fuel cost for wind, which lowers the overall fuel and purchased power costs; a tax credit for construction of new wind farm projects; and the cost-efficient delivery of the wind generation to customers through the new, dedicated power line.
Customers will see savings primarily through a reduction in the fuel portion of their bills, beginning in 2021. The project is subject to regulatory approvals in Arkansas, Louisiana, Oklahoma and Texas as well as the Federal Energy Regulatory Commission.