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Oklahoman Oklahoma s lawmakers are hoping to minimize the impact of February s severe weather on consumers and prevent exorbitant rate spikes for households. Power providers conservatively spent billions of extra dollars to keep energy flowing to customers during this latest storm. This meant customers could see astronomical increases in their bills if utilities passed their costs along to consumers in the usual way. For example, before the storm, an average residential customer of a regulated natural gas utility was paying about $100 a month for service, said Brandy Wreath, the Oklahoma Corporation Commission s legislative liaison. That same average customer could have faced a bill of $1,967 during the first month of a traditional repayment term, and could have expected to see similarly high bills for another seven months because providers are required to retire additional costs incurred during a storm in a relatively short period of time. ....
By: Jordan Dafnis OKLAHOMA CITY - New information is expected Monday from state and energy officials about proposed legislation to address high energy and utility bills due to February s winter storm. We re expecting to hear from Attorney General Mike Hunter, the state secretary of energy, and the state corporation commission. Right now, the commission is working on a time frame for when OG&E customers will start paying recovery costs for the February cold snap. But they say the costs will be spread out for customers over the next ten years. OG&E and Oklahoma Natural Gas both said the record cold temperatures around Valentine s Day, combined with soaring fuel prices cost them more than a billion dollars each. ....
State Officials To Address High Energy Prices From February Winter Storm newson6.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newson6.com Daily Mail and Mail on Sunday newspapers.
ONE Gas First Quarter 2021 Conference Call and Webcast Scheduled prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.