After 3-year snow job, when will the truth about the 2021 winter storm be told?
Thu, 01/18/2024 - 5:00am
In just two weeks of February 2021, Oklahoma’s largest public utilities incurred some $2.8 billion in fuel and purchased power costs (compared to $1.3 billion for all of 2020). Then lawmakers and two Oklahoma Corporation Commissioners allowed those utilities to tack on another $2 billion-plus of financing (aka “securitization”) expenses by issuing pricey ratepayer-backed bonds with terms as long as 28 years.
