Corporation Commission; requiring promulgation of rules regarding certain rates. Effective date.

SB 1487 requires Oklahoma's Corporation Commission to create rules allowing public utilities to set customer rates based on actual usage (e.g., electricity or water consumption) rather than flat fees. This directly affects public utilities that set rates and their customers, particularly those in specific customer classes. The bill mandates the Commission to promulgate these rules by November 1, 2026, and states it amends constitutional provisions governing utility regulation. The law aims to modernize rate structures without changing existing constitutional requirements.