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Stars and Stripes - Fort Sill power plant plan in jeopardy after regulators slash cost recovery amount

The plan put forward by the Army and utility about a year ago proposed building a new power facility that would use natural gas-fired reciprocating engines and solar power. PSO asked regulators for the ability to recover $117.9 million from rate payers, but those regulators recently slashed that amount nearly in half. ....

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Oklahoma utilities turn to banks, investors to stay afloat after storm

Oklahoman
This cost energy providers billions.
In the storm s aftermath, regulated utilities, electric cooperatives and power authorities across Oklahoma await final energy transaction tabulations from the Southwest Power Pool, operator of the regional grid, to determine just how much they owe.
But regulated utilities in Oklahoma are already approaching banks and investors for short-term financial help.
Those regulated utilities are seeking to recover their costs with customers help.
To do this, plans to retire what s owed must be approved by the Oklahoma Corporation Commission on a case-by-case basis.
Most consumers across Oklahoma are expected to see bill increases as a result of the storm, but just how big and how long those will last depend on all three of these pending issues. ....

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Journal Record Week in Review for the week ending March 5, 2021

The retail sector is bouncing back from the pandemic with new businesses opening and increased sales forecast. Roy Williams, president and CEO of the Greater Oklahoma City Chamber, noted two programs launched last year that helped small retailers stay in business. The chamber, in partnership with the city’s commercial districts, kicked off the Stand Tall Shop Small for OKC campaign in June. The chamber also joined the Alliance for Economic Development of Oklahoma City as partners with the city to implement the Small Business Continuity Program, which offered business owners and nonprofits with 100 or fewer full-time employees COVID-19 disaster relief funds. The program shined light on the challenges small businesses were facing, Williams said. ....

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Avoiding the next energy crisis

Avoiding the next energy crisis
By: Kathryn McNutt
The Journal Record
February 26, 2021
Energy experts discuss the road to the future in protecting the electrical system during Friday’s JR/Now webinar. (JR Screenshot)
Oklahoma residents learned getting electricity into their homes isn’t as simple as flipping a light switch when the demand skyrocketed in mid-February amid serious supply issues.
“For the first time the general public is beginning to realize through this storm the interdependency of our energy system,” Mark Yates, vice president of Advanced Power Alliance, said Friday. “This event has really elevated the grid, which is a very complicated system.” ....

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Oklahoma Power Companies Propose Ways To Prevent Utility Bill Spikes

Oklahoma Power Companies Propose Ways To Prevent Utility Bill Spikes
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