OG&E is asking the Oklahoma Corporation Commission to approve a settlement agreement that will require ratepayers to cover $760 million in costs attributable to last February’s severe winter weather. The Commission is tasked to make sure OG&E is made whole, but does not take advantage of the crisis to amass more revenue than necessary to maintain the proper balance of consumer price and rate of return. It also would be useful if the Commission would use this opportunity to strongly criticize OG&E for its past poor judgment and demand plans for reform.Andrew C. Spiropoulos - October 27, 2021 at 03:13PM
Right Thinking: Severe weather event to affect bills for 28 years
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