The Oklahoma Corporation Commission approves a plan allowing Oklahoma Natural Gas to recoup expenses from the February 2021 winter storm. However, the Commission said “No” to a proposal that would have imposed a fee on ONG customers who terminate their natural gas service to switch to a different fuel source.
OCC Chairman Dana Murphy said today’s order was the result of a review of the evidence, testimony, and proposals in the case. Murphy said the order allows the costs to be securitized under a law passed by the legislature after the February winter emergency event.
The increase will be $7.82 per month for up to 25-years.