CleanTechnica•about 1 month ago
Arkansas PSC Opens Door For Higher Electricity Bills
Key Takeaway
A 23% rate increase in Northwest Arkansas significantly raises operational costs for large power consumers and alters the economic landscape for new generation and PPA opportunities in the region.
AI Summary
- •The Arkansas Public Service Commission (PSC) has approved a 23% electricity rate increase for SWEPCO customers in Northwest Arkansas.
- •This decision, made by governor-appointed commissioners, will significantly raise electricity costs for consumers in the affected region.
- •For large power consumers and datacenters, this represents a substantial increase in operational expenses, potentially impacting site selection and energy procurement strategies.
- •The rate hike alters the economic landscape for developers and IPPs considering new generation projects or PPA opportunities in Northwest Arkansas.
Topics
datacenterpolicy
Article Content
Governor-appointed commissioners allow SWEPCO to raise rates by 23% Little Rock, Arkansas — Yesterday, as the region focused on an impending winter storm, the Arkansas Public Service Commission approved a move to raise customers’ electricity costs in much of Northwest Arkansas. With the go-ahead from the three governor-appointed PSC commissioners, SWEPCO will ... [continued] The post Arkansas PSC Opens Door For Higher Electricity Bills appeared first on CleanTechnica .