Friday - July 10, 2026
Energy Department Closes Loan to AEP Texas, Delivering Millions in Electricity Cost Savings for Texans
July 09, 2026
WASHINGTON, July 9 -- The U.S. Department of Energy issued the following news release on July 8, 2026:

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Energy Department Closes Loan to AEP Texas, Delivering Millions in Electricity Cost Savings for Texans

The U.S. Department of Energy's (DOE) Office of Energy Dominance Financing (EDF) today announced it has closed a loan up to $3.26 billion to AEP Texas to lower electricity costs and strengthen and modernize the Texas grid. Thanks to President T . . .

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