AEP Ohio and Intel are asking state regulators to sign off on an agreement they’ve reached in which AEP will provide a load of electricity to Intel’s 1,000-acre site in Licking County that is so vast it could run up to 450,000 homes.
AEP Ohio will provide 500 megawatts of electricity to the site where Intel is spending $28 billion to build two factories, according to the agreement that the two companies filed with the Public Utilities Commission of Ohio .
The electricity will run the two factories and other operations around the plant.
“The proposed arrangement supports the clear state policy of encouraging the development of high-tech manufacturing in Ohio and encouraging Intel, in particular, to locate its new facilities in Licking County,” the companies said in the filing. “By approving the proposed arrangement, the commission adds its voice to the chorus of federal, state, and local policymakers recognizing that the new Intel facilities are vital not only for their profound economic benefits but also for the serious national security and supply chain concerns that are addressed through the onshoring of semiconductor manufacturing.”