News

Public Service Company of Oklahoma settles on Fuel-Free Power Plan case

Under a proposed settlement between Public Service Company of Oklahoma (PSO) and five other parties, the company would add 999.5 MW of renewable energy to its generation mix in 2025 and decrease monthly bills beginning the following year.

In this Fuel-Free Power Plan case, yet to be reviewed by an administrative law judge from the Oklahoma Corporation Commission (OCC), PSO’s more than 568,000 customers in eastern and southwestern Oklahoma would be affected. Currently, the company runs approximately 3,800 MW of generating capacity, so a 999.5 MW addition would be a major influx of clean energy.

“PSO’s Fuel-Free Power Plan is a balanced approach that enables PSO to continue providing reliable, affordable power to our customers and reduce price volatility from fuel,” Leigh Anne Strahler, PSO president and COO, said. “We appreciate the Oklahoma Corporation Commission’s Public Utility Division and other interested parties recognizing the benefits this plan will provide for our customers and moving it forward for the Commission’s consideration.”

For the average residential customer using 1,100 kW hours per month, the new plan would initially add about $1.95 per month to their bills beginning in mid-2025. However, a 64-cent decrease would follow in early 2026 owing to federal tax incentives and lower fuel costs. These would offset some of the costs of launching the new facilities.

However, all of this will depend on the administrative law judge, who will in turn make a recommendation to the OCC commission members to either accept, reject or revise the final order.

Chris Galford

Recent Posts

Biden Administration provides guidance on Qualifying Advanced Energy Project Tax Credit

The Department of Energy (DOE), along with U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued guidance…

15 hours ago

Ameren Illinois to upgrade underground natural gas storage fields for reliability assurance

In a bid to diversify its energy portfolio and improve winter reliability, Ameren Illinois recently announced plans to upgrade infrastructure…

15 hours ago

Duke Energy completes upgrades to pumped storage facility in South Carolina

Duke Energy finished upgrades to the four units at the Bad Creek pumped storage facility in Salem, S.C., adding 320…

15 hours ago

WEC Energy Group to secure 90 percent ownership of 300 MW Texas solar project

The Delilah I Solar Energy Center in Dallas, Texas will soon gain a new majority owner, ahead of its June…

15 hours ago

Vogtle Unit 4 nuclear power plant enters commercial operation in Georgia

Plant Vogtle Unit 4 officially entered commercial operation this week and is now serving customers in the state of Georgia,…

2 days ago

Auburn University, Oak Ridge National Lab to create pilot SE Regional Cybersecurity Collaboration Center

Thanks to a $10 million grant award from the U.S. Department of Energy (DOE), Auburn University’s McCrary Institute for Cyber…

2 days ago

This website uses cookies.