Lawmakers announce plan to prevent Oklahomans’ utility bills from skyrocketing due to winter storm

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State lawmakers introduced a brand new plan that may attempt to keep away from Oklahomans’ utility payments from taking pictures up due to the winter storm in February.Throughout that winter storm, issues obtained very costly very quick not. Not solely have been utilities shopping for rather more energy than they normally do, however additionally they have been paying exorbitant costs for it.That cash was to be paid again someway, and lawmakers stated they’ve discovered a approach to cease it from inflicting large will increase in your month-to-month invoice.“We used report ranges of vitality, and gasoline costs soared to report ranges,” stated state Sen. James Leewright, R-Bristow. “The invoice is coming due, and we’re taking steps to ease the burden of paying it again.”Lawmakers stated Monday that they’ve drafted a proposal that may cease month-to-month vitality payments from skyrocketing. The proposal makes use of bonds to assist utilities unfold invoice will increase over a for much longer time frame, which means you pay much less per thirty days.They stated, for instance, with out this proposal, a mean $100 fuel invoice might leap to almost $2,000 over eight months. The proposal would maintain that leap method smaller.“We predict that is the absolute best in a nasty state of affairs, the perfect consequence in a nasty state of affairs,” Secretary of Vitality and Setting Ken Wagner stated.This plan would have an effect on massive utility corporations like OG&E, which have already submitted some plans on the way to unfold out prices. Officers, nevertheless, stated this additionally might convey assist to small cities.“We’re not speaking about our giant cities,” stated Mike Fina, govt director of the Oklahoma Municipal League. “We’re speaking about our small municipalities that can’t afford these payments. They want a lifeline.”We haven’t seen the precise laws on this. It’ll should cross the Home and Senate and be signed by the governor.

State lawmakers introduced a brand new plan that may attempt to keep away from Oklahomans’ utility payments from taking pictures up due to the winter storm in February.

Throughout that winter storm, issues obtained very costly very quick not. Not solely have been utilities shopping for rather more energy than they normally do, however additionally they have been paying exorbitant costs for it.

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That cash was to be paid again someway, and lawmakers stated they’ve discovered a approach to cease it from inflicting large will increase in your month-to-month invoice.

“We used report ranges of vitality, and gasoline costs soared to report ranges,” stated state Sen. James Leewright, R-Bristow. “The invoice is coming due, and we’re taking steps to ease the burden of paying it again.”

Lawmakers stated Monday that they’ve drafted a proposal that may cease month-to-month vitality payments from skyrocketing. The proposal makes use of bonds to assist utilities unfold invoice will increase over a for much longer time frame, which means you pay much less per thirty days.

They stated, for instance, with out this proposal, a mean $100 fuel invoice might leap to almost $2,000 over eight months. The proposal would maintain that leap method smaller.

“We predict that is the absolute best in a nasty state of affairs, the perfect consequence in a nasty state of affairs,” Secretary of Vitality and Setting Ken Wagner stated.

This plan would have an effect on massive utility corporations like OG&E, which have already submitted some plans on the way to unfold out prices. Officers, nevertheless, stated this additionally might convey assist to small cities.

“We’re not speaking about our giant cities,” stated Mike Fina, govt director of the Oklahoma Municipal League. “We’re speaking about our small municipalities that can’t afford these payments. They want a lifeline.”

We haven’t seen the precise laws on this. It’ll should cross the Home and Senate and be signed by the governor.

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