OG&E to refund more than $7 million to customers

Oklahoma Gas and Electric Co. will refund more than $7 million to customers in Oklahoma after failing to let state regulators sign off on a natural gas transportation deal with corporate sibling Enogex.
BY JAY F. MARKS jmarks@opubco.com Published: August 30, 2011

Oklahoma Corporation Commission Chairwoman Dana Murphy said agency staff, the state attorney general and Oklahoma Industrial Energy Consumers rightfully raised objections to OG&E's newest contract with its corporate sibling.

“The refund will provide needed relief for consumers who have experienced abnormally high utility bills this summer due to the heat,” said Diane Clay, spokeswoman for Attorney General Scott Pruitt.

Monday's order also includes additional safeguards for OG&E customers, calling for an independent review of the company's future natural gas transportation and storage needs.

“The commission will review the alternatives next year, and make a determination to be sure the ratepayers are not paying more than necessary,” Commissioner Jeff Cloud said.