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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

PG&E Requests Rate Decrease

LCG, April 17, 2002--Yesterday Pacific Gas & Electric asked the California Public Utilities Commission for permission to decrease its electricity rates by an average of 3.6 percent.

To be active June 1st, the utility's filing is in response to the expiration of a half cent per kilowatt-hour surcharge applied last year in June. In January 2001, rates were increased by 1 cent, and in March 2001 the utility received approval to increase rates by three cents, but the rate increase only became effective on June 1, 2001. The expiring half-cent surcharge was meant to make up for lost revenue in the delay between March and June.

The effect of the new filing, if approved, will be to decrease agricultural rates by 4 tenths of a cent per kilowatt-hour from 14.6 to 14.2 cents/kWh; large business rates would decrease by 6 tenths of a cent per kWh, and residential rates by about 2 tenths of a cent per kWh, from 13.5 to 13.2 cents/kWh.

PG&E and the California Public Utilities Commission have meanwhile submitted competing plans as to what to do about PG&E's $13.5 billion debt. The utility filed for bankruptcy last year, and, according to the U.S. Bankruptcy court, PG&E creditors will have an opportunity later this year to vote on which plan to implement.

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