bombermwc
04-08-2022, 01:35 PM
https://www.oklahoman.com/story/business/2022/04/08/oklahoma-gas-and-electric-co-plan-increase-rates-opens-public-comments/9499891002/
I seem to remember the Corporation Commission rejecting a rate increase proposal 5 or 6 years ago, heck maybe it was longer than that, when OG&E was wanting to build at least one coal plan as part of the plan. This was just as renewables were really taking off, and the CC finally did something right.
I dont recall a rate hike really in quite a while other than related to last year's winter debacle. Can someone remind me on that? As much as I don't like a lot of how OG&E operates, i do want to be fair and raising rates once every 10 years seems fair. Now raising it 10% (excuse me, 9%) at that time means basically you're looking for for 1% a year. And, hey, is that still fair? Going 1% each year would probably be an easier rate to absorb than a 10% shock for lower income folks. Thoughts?
I seem to remember the Corporation Commission rejecting a rate increase proposal 5 or 6 years ago, heck maybe it was longer than that, when OG&E was wanting to build at least one coal plan as part of the plan. This was just as renewables were really taking off, and the CC finally did something right.
I dont recall a rate hike really in quite a while other than related to last year's winter debacle. Can someone remind me on that? As much as I don't like a lot of how OG&E operates, i do want to be fair and raising rates once every 10 years seems fair. Now raising it 10% (excuse me, 9%) at that time means basically you're looking for for 1% a year. And, hey, is that still fair? Going 1% each year would probably be an easier rate to absorb than a 10% shock for lower income folks. Thoughts?