FOR IMMEDIATE RELEASE
Broken Arrow Public Schools Earns Nearly $100,000 in PSO Peak Performers Program
TULSA, Okla. (Dec. 16, 2022) – School districts throughout the Public Service Company of Oklahoma service area are saving on energy costs and earning incentives by participating in PSO’s Peak Performers program.
Broken Arrow Public Schools will receive the largest incentive payment among 64 districts participating this year, $99,747.74.
“We strive to be good stewards of the tax dollars allocated to our district and being energy-conscious is just one more way we can ultimately improve the quality of education offered in Broken Arrow,” said Broken Arrow Superintendent Chuck Perry. “The money saved on operational costs – like utilities – can be used to build more efficient facilities, replace outdated equipment, and enhance the learning environment. We are grateful for a partner like PSO who is willing to come alongside us and helps us make the behavioral and operational changes necessary to save money.”
Peak Performers rewards participating business, school, church, and government customers for voluntarily limiting energy use during times of high demand.
When demand for energy is high, as during summer’s hottest days, PSO calls on Peak Performers to help by implementing a usage reduction plan. The reduction plan is developed in advance with the help of PSO. Participants have at least two hours to prepare, and peak events last two to four hours. Reducing the demand during the highest consumption hours of the year helps minimize the need for additional power plant investment. This helps keep energy affordable for all customers.
No more than 16 peak events are called each year between June and September, and participation in each event is voluntary.
PSO pays incentives of $32 per average kilowatt savings. Companies that participate in all peak events earn a bonus of 5% of their average kilowatt savings payment. In 2022, 249 businesses participated in this program to help lower overall energy demanded by customers.
With the end of the peak season, incentive checks are being distributed.
“Broken Arrow is an outstanding Peak Performer among the school districts,” said Michael Gordon, PSO external affairs manager. “I know every dollar counts in education. Nearly $100,000 must really count.”
Media Contact:
Wayne Greene
PSO Corporate Communications
(918) 521-1474
lwgreene@aep.com
About PSO
PSO, a unit of American Electric Power (Nasdaq: AEP), is an electric utility company serving more than 568,000 customer accounts in eastern and southwestern Oklahoma, powering a cleaner, brighter energy future for its customers and 232 communities. Based in Tulsa, PSO has approximately 3,800 megawatts of diverse generating capacity that primarily includes wind and natural gas. It maintains and operates more than 24,000 miles of distribution lines and 3,700 miles of transmission lines and is one of the largest distributors of wind energy in the state. Find news releases and other information at www.PSOklahoma.com. Connect with us on Facebook, Twitter, NextDoor and Instagram @PSOklahoma.
About American Electric Power (AEP)
American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP’s approximately 16,700 employees operate and maintain the nation’s largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 7,100 megawatts of renewable energy. The company’s plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and has committed to achieving net zero by 2045. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP’s family of companies includes utilities 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, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com