UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549







Public Utility Holding Company Act of 1935
File No. 70-8869
Report for Period:  October 1, 2002 to December 31, 2002



In the matter of:

CENTRAL AND SOUTH WEST CORPORATION, ET AL



      This report is filed under Rule 24 of the Public Utility Holding Company
Act of 1935 by AEP Texas Central Company (TCC) [formerly known as Central Power
and Light Company (CPL)], Public Service Company of Oklahoma (PSO), and AEP
Texas North Company (TNC) [formerly known as West Texas Utilities Company
(WTU)] (collectively, "Applicants"), each a public utility subsidiary company
of Central and South West Corporation. Under HCAR 35-26548, dated July 30, 1996,
it is required that the Applicants file quarterly reports with respect to the
obligations relative to pollution control revenue bonds issued by the Red River
Authority of Texas (Red River). The following information is provided for the
Red River pollution control revenue bonds for each cap and collar position that
has been opened at any time during the quarter: 1) the transaction date,
2) the type of transaction, 3) the notional amount, 4) the name of the
counterparty, 5) a description of the material terms of the transaction,
including the maturity or termination date of each transaction and the cap
and/or floor strike rates, 6) the market value of all open cap or collar
positions at the end of each quarter, and 7) any gains or losses realized from
the liquidation of any cap or collar positions during such quarter. This report
covers the period October 1, 2002 through December 31, 2002.


      No cap or collar position has been open during the reporting period.









                                S I G N A T U R E


        As requested by order of this Commission pursuant to the Public Utility
Holding Company Act of 1935, the Applicants have duly caused this report to be
signed on its behalf on this 21st day of January 2003.

                AEP Texas Central Company
                   (formerly known as Central Power and Light Company)

                Public Service Company of Oklahoma

                AEP Texas North Company
                   (formerly known as West Texas Utilities Company)

                                /s/ Armando Pena
                               ------------------
                                    Armando Pena
                                      Treasurer