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OG&E and Google Announce Contract for Three Data Centers in Oklahoma

LCG, April 30, 2026--OG&E, the operating subsidiary of OGE Energy Corp., announced today that it will power three new data centers that Google announced in Muskogee and Stillwater, Oklahoma last year. As part of the agreement, Google will also make power generation capacity available from two solar facilities in Stephens and Muskogee Counties that are currently under construction. The data centers and associated Electric Service Agreements are expected to provide economic growth for local communities and the state, contribute to grid stability, and benefit OG&E's current customers.

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Graphic Packaging and NextEra Energy Resources Sign 250-MW Virtual Power Purchase Agreement

LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

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Industry News

Retail Electric Competition Comes to Texas

LCG, Jan 2, 2002--Retail electric competition came to Texas yesterday and it appears that not only are there sufficient alternative power providers to assure a competitive market, the "prices to beat" set by regulators leave them a little room to earn a profit.

In recent weeks, the Public Utility Commission of Texas set "competitive prices" for the state's investor-owned utilities. In the Dallas-Fort Worth area served by TXU Corp.'s Texas Utilities Co., the company's rate was lowered from 9.67 cents per kilowatt-hour to 8.25 cents.

Under deregulation, existing utilities, such as TXU, will continue to have prices in their home territories fixed by the state until 40 percent of its customer base has switched. That may not happen soon, even with competitive prices from new power suppliers.

In Pennsylvania, which deregulated its electricity market two years ago, only about 5 percent of homeowners have switched providers. "We've learned that residential customers are concerned first and foremost with reliability of service and that price is important but not the only consideration," TXU spokesman Chris Schein said.

But some of the prices offered by the alternative suppliers are plenty attractive, though most require a one-year contract.

According to the Fort Worth Star Telegram, customers who want to sign a one-year contract with New Power Holdings can get a rate as low as 7 cents per kilowatt-hour. First Choice Power, the former Texas-New Mexico Power Co. of Fort Worth, is offering a one-year rate of 7.4 cents per kilowatt-hour. Reliant Energy of Houston, whose rates are frozen in its service territory, is offering a monthly rate of 7.3 cents per kilowatt-hour. For those interested in all-renewable energy from Texas solar arrays and wind farms, Green Mountain Energy is offering a rate of 8.2 cents per kilowatt-hour.

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