Southwestern Electric Power Company's Annual Contributions to RTOs Under Scrutiny
A recent investigation has shed light on the financial contributions of Louisiana utilities to two Regional Transmission Organizations (RTOs), revealing that Southwestern Electric Power Company pays $14 million annually to the Southwest Power Pool, while other utilities and cooperatives collectively allocate $48 million to the Midcontinent Independent System Operator. These allocations have raised concerns regarding the allocation of ratepayer funds, particularly given the significant compensation packages for SPP's leadership, including a CEO who received $2.5 million in compensation and benefits in 2023.
