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Oklahoma Governor Signs Two Bills Aimed At Limiting Utility Costs After February Winter Storm - Vimarsana News

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...

Source: kosu.org
Oklahoma City civic group seeks answers about $4.5 billion in storm-related fuel costs - Vimarsana News

Oklahoma City civic group seeks answers about $4.5 billion in storm-related fuel costs

Oklahoma City civic group seeks answers about $4.5 billion in storm-related fuel costs Jack Money, Oklahoman © BRYAN TERRY/THE OKLAHOMAN Eric Jergensen, a member of VOICE OKC, wants to make sure unreasonable fuel costs from the recent winter storm are not passed on to consumers. Oklahoma City religious and community leaders are raising questions about how power providers plan to recover an estimated $4.5 billion spent on fuel during February's severe winter storm. Popular Searches Some legislators recently submitted plans to mitigate these costs over time, but leaders of ...

Source: msn.com
OKC leaders seek transparency on recouping Oklahoma's storm costs - Vimarsana News

OKC leaders seek transparency on recouping Oklahoma's storm costs

VOICE is seeking answers to several questions related to the storm, including: • Who made a profit from the storm, and will the Oklahoma Attorney General conduct a grand jury investigation into that issue? • What policies were in place that allowed this to happen, and who, if anyone, will be held accountable? • How did utility companies fail to have hedging contracts in place that could have capped at least some of their fuel costs during the storm? • Why won't shareholders of publicly traded utilities have to carry some of the financial responsibility for decisions made by those co...

2-7 State business briefs - Vimarsana News

2-7 State business briefs

Reps. Phillips, Caldwell call on AG to investigate stock trading app

Quinn, O'Donnell receive awards from
 State Chamber of Oklahoma
 | News - Vimarsana News

Quinn, O'Donnell receive awards from
 State Chamber of Oklahoma
 | News

State Rep. Terry O'Donnell Sen. Marty Quinn (R-Claremore) and Rep. Terry O’Donnell (R-Catoosa) were two out of six legislators recognized by the State Chamber of Oklahoma, the state’s leading voice of business, for helping Oklahoma thrive by fighting for pro-business policies at the Capitol. Sen. Marty Quinn (R-Claremore), along with Sen. Zack Taylor (R-Seminole), received the OK 2020 Visionary Award for the legislation they carried during the 2020 session that would have made critical improvements to the unemployment insurance system. Rep. Terry O’Donnell (R-Catoosa) and Sen. ...