SWEPCO, PSO Issue RFP For 2010-2012 Capacity And Energy

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COLUMBUS, Ohio, Aug. 1, 2008 – American Electric Power (NYSE: AEP) operating subsidiaries Southwestern Electric Power Company (SWEPCO) and Public Service Company of Oklahoma (PSO) have issued a Request for Proposals (RFP) for the purchase of capacity and associated energy that will allow SWEPCO and PSO to satisfy planning reserve requirements of the Southwest Power Pool (SPP) for the 2010-2012 time period.

The RFP seeks proposals for capacity and associated energy in amounts up to 500 megawatts (MW) for calendar years 2010 and 2011 and up to 100 MW for 2012. Smaller quantities in 20 MW blocks will also be considered and are encouraged.

American Electric Power Service Corp. (AEPSC), a unit of AEP, will administer this short-term RFP for SWEPCO and PSO. Neither SWEPCO nor PSO or any affiliate of SWEPCO or PSO will submit proposals in response to this RFP. The deadline for submitting proposals is Aug. 29, 2008.

View the SWEPCO RFP at http://swepco.com/news/rfp/

View the PSO RFP at http://psoklahoma.com/news/rfp/

For questions regarding the RFP, contact Woody Lally at welally@aep.com

SWEPCO, a unit of AEP with headquarters in Shreveport, La., serves approximately 460,000 customers in Louisiana, Arkansas, East Texas and the Panhandle area of North Texas.

PSO, a unit of AEP with headquarters in Tulsa, Okla., serves approximately 525,000 customers in eastern and southwestern Oklahoma.

SWEPCO and PSO’s parent company, American Electric Power, is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning more than 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.W. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP’s headquarters are in Columbus, Ohio.
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MEDIA CONTACTS:
Scott McCloud (SWEPCO)
Corporate Communications 318-673-3532

Stan Whiteford (PSO)
Corporate Communications 918-599-2574