Oklahoma Governor Signs Two Bills Aimed At Limiting Utility Costs After February Winter Storm
/ Oklahoma Gov. Kevin Stitt has signed two bills to help utility customers avoid high bills because of winter storms. Senate Bill 1049 and Senate Bill 1050 will establish bond-financed, pooled loan programs for unregulated and regulated utilities currently holding about $4.5 billion in debt. Sen. James Leewright (R-Bristow) said without the measures, Oklahomans would have seen utility bills skyrocket. "The impact on our economy, just as we are recovering from the pandemic, would have been devastating," Leewright said. "These may be two of the most important bills of the session." The increase...