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Oklahoma Corporation Commission hears changes to energy efficiency rules for electric utilities

Updated rules for energy efficiency programs offered by electric utilities will be finalized later this month after the Oklahoma Corporation Commission heard from participants in a hearing Tuesday.
By Paul Monies Published: February 5, 2014
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Changes to the rules for electric utility energy efficiency programs will be back before the Oklahoma Corporation Commission later this month after a hearing Tuesday didn’t get to a vote.

Many of the rule...

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Commission OKs wind contracts

The Corporation Commission, by a 3-0 vote, approved three contracts for wind generation for PSO. The approval will allow PSO to recover costs for almost 600 megawatts of electricity from three new wind farms to be built by 2016. PSO est imates the wind contracts will save about $53 million in the first year, with savings growing annually over the 20-year term of the contracts. “These contracts were based on extraordinary pricing opportunities that will provide substantial savings for our customers,” Stuart Solomon, PSO president and CEO, said in a statement after the approval. “Another benefit is the diversity that an additional 600 megawatts of Oklahoma wind energy will bring to our fuel mix.” The approved contracts will give PSO 1,137 megawatts of wind capacity by 2016. The wind farms will be built in Seiling, Balko and Goodwell.

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