Gov. Kevin Stitt and other Oklahoma officials addressed the effect of last week's severe winter storm on utility bills at 11 a.m. Monday. Oklahoma Gas & Electric Co. said Sunday it's likely the recent frigid weather will cost customers more in terms of higher utility bills."It’s too early to estimate how customer use and higher fuel costs will affect utility bills" the Oklahoma City-based utility said in a statement issued Sunday. "As a regulated utility, OG&E will work with the Oklahoma Corporation Commission to determine a path forward."The prices that regulated utilities pay for fuel are passed along to customers through periodic rate adjustments that are reviewed and authorized by the Oklahoma
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Oklahoma Gas & Electric Co. said Sunday it's likely the recent frigid weather will cost customers more in terms of higher utility bills.
"It’s too early to estimate how customer use and higher fuel costs will affect utility bills" the Oklahoma City-based utility said in a statement issued Sunday. "As a regulated utility, OG&E will work with the Oklahoma Corporation Commission to determine a path forward."
The prices that regulated utilities pay for fuel are passed along to customers through periodic rate adjustments that are reviewed and authorized by the Oklahoma Corporation Commission’s Public Utility Division. Those authorizations are carried out as part of rate cases filed by the utilities that are approved
Two of Oklahoma’s regulated natural gas suppliers are asking customers to conserve the fuel between now and Friday morning.
Sunday morning, Oklahoma Natural Gas joined CenterPoint Energy in asking its customers to keep an eye on how much gas they are using.
ONG, a division of ONE Gas that serves about 884,000 Oklahoma homes and businesses, said it began preparing for last week’s conditions when it sent notices to commercial and industrial customers to advise that shortages might occur.
Kent Shortridge, ONG’s operations vice president for Oklahoma, said the utility doesn’t expect to see any significant issues with the system it uses to deliver fuel to its customers.