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OK HB1227

OK HB1227
Utilities; requiring certain retail electric suppliers submit certain annual report; effective date.


summary

Introduced
02/03/2025
In Committee
02/04/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

An Act relating to utilities; amending 17 O.S. 2021, Section 158.25, as amended by Section 1, Chapter 95, O.S.L. 2023 (17 O.S. Supp. 2024, Section 158.25), which relates to exclusive rights within territory; requiring certain retail electric suppliers submit certain annual report; requiring the promulgation of certain rules; and providing an effective date.

AI Summary

This bill amends Oklahoma's existing utility regulations by adding a new reporting requirement for retail electric service providers. Specifically, any electric service provider that extends service to a large electric-consuming facility (1,000 kilowatts or larger) outside its certified territory must submit a comprehensive annual report to the Oklahoma Corporation Commission by January 31st each year. The report must demonstrate that the special tariffs used for these out-of-territory services are truly cost-based and do not unfairly subsidize or get subsidized by other rate classes. The Corporation Commission is also required to develop and promulgate rules specifying the exact data and information that must be included in these annual reports. This requirement aims to ensure transparency and fairness in how electric service providers handle service extensions to large facilities outside their primary service territories, with the goal of preventing unfair cost shifting to residential consumers. The bill will become effective on November 1, 2025.

Sponsors (1)

Last Action

Second Reading referred to Rules (on 02/04/2025)

bill text


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