SWEPCO Warns Regions Bank Tenants of Possible Power Loss

Shreveport, La. – Concerns are rising for tenants of the Regions Bank building in downtown Shreveport as the local utility company, SWEPCO, has issued a warning about the potential shutdown of power. This situation arises from an overdue electricity bill linked to the property owners, Hertz Investment Group.

Power Disconnection Scheduled

Notices have been posted at the entrances of the Regions Center, specifically at 301 and 333 Texas Street, indicating that the electric power might be disconnected as early as Monday, August 26, 2024. The sign reads: “The electric power is scheduled to be disconnected… for an undetermined duration of time. Questions regarding this notice or time frame for power restoration… should be discussed with your property management company.”

Unanswered Questions from Property Management

Attempts to reach out to the property managers for Regions Center have directed inquiries to the corporate office of Hertz Investment Group. However, both phone calls and emails to Hertz have gone unanswered, leaving tenants in the dark about their predicament.

SWEPCO’s Response

When contacted for further details, SWEPCO’s External Affairs Manager, Michael Corbin, explained that the situation stems from an ongoing account issue. “This is… the result of an account issue and it’s been ongoing,” said Corbin. “SWEPCO has been working with Hertz Investment Group to resolve the issue”

Long-Standing Payment Issues

Reports suggest that the electricity bill for this location has remained unpaid for nearly six months. As SWEPCO prepares for the possibility of disconnection, tenants are being urged to make preparations for potential power loss as the company emphasizes the need for timely resolution with the property management.

Impact on Tenants

The potential power loss is raising concerns among office personnel and businesses operating within the Regions Bank building. With uncertainty looming, many are left hoping for a quick resolution and to avoid any disruption to their operations.

Next Steps for Tenants

As the deadline inches closer, it is advised that tenants stay vigilant and maintain communication with both SWEPCO and their property management company. It remains crucial for all parties involved to address the matter swiftly to avoid any inconvenience.