Power providers to seek billions from Oklahomans in wake of storm – By Jack Money (The Oklahoman) / Feb 26 2021
More regulated utilities kicked off cases seeking to recover billions of dollars of storm-related costs from customers at the Oklahoma Corporation Commission this week.
On Thursday, Oklahoma Gas and Electric (OG&E) and Public Service Co. of Oklahoma (PSO) filed requests to start regulatory recovery proceedings with the agency. Oklahoma Natural Gas (ONG), which supplies residential and many commercial customers with that fuel, filed its case before the commission last week.
While it isn’t yet clear what the total costs will be, OG&E alone aims to recover $1 billion in costs — more than what it spent in all of 2020 to keep power flowing into the grid, officials said Thursday morning.
PSO, meanwhile, reported on Thursday that its preliminary estimates on storm-related costs stand at about $825 million.
