Enogex, OG&E should extend distribution contract for natural gas, judge recommends

An administrative law judge at the Oklahoma Corporation Commission says the two sister companies of OGE Energy Corp. should extend an agreement for another year pending the completion of a contract review.
by Paul Monies Published: October 10, 2012
Advertisement
;

OG&E paid $41.9 million a year to Enogex for natural gas distribution and storage. That amount fell to $39.8 million a year in 2009 and will stay at that level until April 2014 under a joint stipulation and settlement agreement recommended Tuesday by Administrative Law Judge Jacqueline Miller.

Consumers won't be affected by the one-year extension, since it essentially preserves the existing terms of the contract. Those costs are already factored into customers' bills.

The proposed extension still needs the approval of the three-member Corporation Commission.

| |

by Paul Monies
Energy Reporter
Paul Monies is an energy reporter for The Oklahoman. He has worked at newspapers in Texas and Missouri and most recently was a data journalist for USA Today in the Washington D.C. area. Monies also spent nine years as a business reporter and...
+ show more

Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Authorities: Dozen arrested in Oklahoma ranch meth lab investigation
  2. 2
    Photo Of Obama In Attack Ad Is Photoshopped From Hospital Trip After Aurora Shooting
  3. 3
    WATCH: Trailer for 'Iverson' documentary
  4. 4
    Herschel Walker says he could still play in NFL
  5. 5
    School Bus, Motorcycle Crash In NW OKC - News9.com - Oklahoma City, OK - News, Weather, Video and...
+ show more