Over 9,000 SWEPCO Customers Are in the Dark This Morning
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The weather this morning would give you the impression that somewhere in the darkness, Noah is busily building another ark.
The torrential downpours and high winds have caused a huge swath of the Arklatex to awaken to the eerie sound of nothing. No buzz from light bulbs, no breeze from the ceiling fans, and certainly no central air.
Due to a number of downed trees and high winds, Southwestern Electric Power Company is reporting at this writing at 4:19 am on Tuesday, May 11 that there are 9,255 SWEPCO customers without power.
Thousands of East Texans without power after Sunday storms Power is out in some areas. (Source: WALB) By Gary Bass | May 9, 2021 at 6:05 PM CDT - Updated May 10 at 6:43 AM
EAST TEXAS (KTRE) - Hours after a storm system moved through the Deep East Texas area, thousands of people are dealing with power outages.
According to the outage map on the Oncor website, the lion’s share of the company’s power outages is in Angelina and Nacogdoches counties, which had 2,190 and 3,365 outages, respectively. As of 6:00 a.m. Monday, Oncor’s outages also include 3 in Anderson County; 4 in Houston County; and 17 in Cherokee County.
Courtesy / Batesville School District
In 2018, the Batesville School District voted to work with Entegrity Partners to go solar to make room in its budget for salary increases for teachers. Now, Entegrity is working with 20 other school districts to harness the power of the sun to save money. Aside from becoming more affordable overall, Arkansas laws like the Solar Access Act of 2019, have made it more economically feasible for public entities like school districts to make the switch to solar power.
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EPS based on 497 million shares 1Q 2021, 495 million shares 1Q 2020, 497 million shares YTD 2021 and 495 million shares YTD 2020.
American Electric Power (Nasdaq: AEP) today reported first-quarter 2021 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $575 million or $1.16 per share, compared with GAAP earnings of $495 million or $1.00 per share in first-quarter 2020. Operating earnings for first-quarter 2021 were $571 million or $1.15 per share, compared with operating earnings of $504 million or $1.02 per share in first-quarter 2020.
Operating earnings is a non-GAAP measure representing GAAP earnings excluding special items. The difference between 2021 GAAP earnings and operating earnings for the quarter was due to the mark-to-market impact of economic hedging activities.
La-Z-Boy Signs Long-Term Renewable Energy Deal
MONROE, Mich., April 21, 2021 (GLOBE NEWSWIRE) La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, has finalized a 10-year resource-backed virtual power purchase agreement (VPPA), extending through the end of 2030, with AEP Energy Partners, a competitive energy subsidiary of American Electric Power (Nasdaq: AEP). The agreement signifies a meaningful initiative as La-Z-Boy expands its environmental programs in its quest to reduce its carbon footprint. La-Z-Boy’s VPPA will support approximately 70,000 MWh of renewable energy per year, from AEP’s principally owned Santa Rita East wind energy center in Irion County, Texas, throughout the term of the agreement. Once fully implemented, La-Z-Boy will receive renewable energy certificates (REC) equivalent to roughly 16 MW of wind power capacity representing more than 90% of La-Z-Boy’s current total annual domestic energy consumption.