Exhibit 23.4 Consent of Independent Public Accountants To the Stockholders and Board of Directors of West Texas Utilities Company: As independent public accountants, we hereby consent to the incorporation of our reports dated February 28, 1996, included in, and incorporated by reference in this Form 10-K, into West Texas Utilities Company's previously filed registration statement on Form S- 3 (File No. 33-60801). Arthur Andersen LLP Dallas, Texas March 27, 1996