As states grapple with the repercussions of last year's severe winter storms, VOICE-OKC condemns a related Oklahoma Corporation Commission decision. With only one dissent, the Oklahoma Corporation Commission approved a plan from Oklahoma utility companies to recover costs for the February 2021 winter storm by transferring them to residents over decades.
[Excerpts]
The dissenting opinion comes from the one corporation commissioner who voted against the utility plans.
Bob Anthony, who wrote the dissenting opinion, is saying “Oklahoma rate payers deserve an explanation.” In the filing he also asks “why are resulting energy costs so shockingly high and who pays how much?”...
“We are being stuck with the bill for that and getting nothing in return,” Nick Singer [with the VOICE Coalition] said. “There’s nothing that is requiring these companies now to invest in infrastructure to prepare for future cold weather or natural disasters.”
[Photo credit: KFOR]
Oklahoma Corporation Commissioner issues dissenting opinion on winter storm cost recovery plans for Oklahoma companies, KFOR News [pdf]