Bill > HB3397

This bill establishes new regulations for data centers in Oklahoma, defining terms like "costs of serving" (expenses an electric company incurs to provide electricity), "electric company" (a business distributing electricity), "facility" (buildings and equipment at a single site), "large energy use facility" (a facility using at least 20 megawatts primarily for services like data processing, defined by a specific industry code), and "retail electricity consumer" (the end user of electricity). The Corporation Commission, the state's regulatory body for utilities, is required to create a distinct service classification and tariff schedule for these large energy use facilities, ensuring their costs are fairly allocated and do not unfairly burden other electricity consumers. This classification and its associated tariff schedule will be in effect until January 1, 2029, unless approved by the Commission. Furthermore, electric companies must enter into contracts with these large energy use facilities for electricity service, with contracts lasting at least ten years and including specific terms regarding payment obligations and projected service start dates, though contracts can also include charges for excess demand. These contracts cannot prevent the Corporation Commission from fulfilling its regulatory duties, and the bill specifies that it will become effective on November 1, 2026.

http://www.oklegislature.gov/BillInfo.aspx?Bill=hb3397&Session=2600