Energy (Transmission)

This Oklahoma bill requires investor-owned electric utilities to evaluate and potentially deploy grid-enhancing technologies that increase the capacity and efficiency of existing transmission lines without building new infrastructure. The law mandates that utilities analyze the cost-effectiveness of advanced technologies like dynamic line rating and high-performance conductors in their planning processes and report findings to the Oklahoma Corporation Commission. If the Commission determines these technologies are cost-effective, utilities can recover the associated costs through rates paid by customers. The legislation specifically applies to investor-owned utilities and does not cover cooperatives or municipal providers.

SB 998, now law in Oklahoma, changes how electric utilities regulated by the Corporation Commission recover costs for specific projects. It presumes certain transmission upgrade costs (including those for wind development approved by the Southwest Power Pool) and environmental compliance costs (like Clean Air Act upgrades) are recoverable through rate adjustments, unless rebutted by evidence. The bill also streamlines approval for new power generation facilities or purchased power contracts, requiring the Commission to act within 240 days (180 days for natural gas plants) after applications, with costs deemed recoverable upon approval. These changes directly affect Oklahoma utilities seeking to recover infrastructure and compliance expenses from ratepayers.