Oklahoma Gas & Electric Selects PCI Software Systems for the upcoming SPP Integrated Marketplace

Norman, OK – August 20, 2012 – Oklahoma Gas & Electric Company (OG&E) has selected Power Costs, Inc. (PCI) to supply market operating software to support OG&E’s participation in the upcoming Southwest Power Pool (SPP) Integrated Marketplace. OG&E will deploy PCI GenManager SPP Integrated Marketplace for its turnkey bid-to-bill requirements, as well as the following complementary modules:

  • ISO Communication – used for maintenance-free communication with the SPP API.
  • ISO Settlements – used for downloading and verifying SPP invoices, data extracts and settlement statements.
  • Shadow Settlements – used to independently verify SPP invoices and statements.

The addition of GenManager for the SPP Integrated Marketplace will seamlessly integrate with other PCI components that OG&E already uses such as PCI GenTrader and GenPortal. This allows OG&E to recognize a higher return on their existing software investment with PCI. OG&E and PCI will be working together to prepare for the upcoming SPP Integrated Marketplace through 2014.

“The energy software industry is constantly evolving, and we are very excited that OG&E has decided to continue to work with PCI,” said Jason Hebert, vice president of professional services and sales at PCI. “It demonstrates that PCI is a good software partner, and we continue to make the correct software investment decisions to keep our existing and potential clients happy.”

“OG&E went through a thorough process to review available Integrated Marketplace solutions from a variety of software providers,” said Daneta Pankratz Combs, OG&E I/T project manager. “Based on our team’s assessment, PCI was chosen because of their product functionality as well as OG&E’s previous familiarity with PCI products. By partnering with PCI, OG&E will benefit from PCI’s knowledge in multiple markets and the possibility of using other PCI products to benefit marketplace participation.”

Oklahoma Gas and Electric Company (NYSE: OGE) is a regulated electric utility serving more than 789,000 customers in a service territory spanning 30,000 square miles in Oklahoma and western Arkansas. OG&E is owned by OGE Energy, which also owns OGE Enogex Holdings LLC, a natural gas pipeline business with principal operations in Oklahoma. Learn more at OG&E.com.
Power Costs, Inc. (PCI) is the leading provider of generation supply management and optimization software to energy focused companies. Founded in 1992 by Dr. Fred Lee, PCI continues to develop power industry software solutions, superior customer support and value-added services for top-tier energy customers. Over half of all power generation in the United States implements PCI software solutions. PCI is based in Norman, Oklahoma and is a privately held company. To learn more about PCI, please visit Powercosts.com.
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