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Fortnightly Magazine - July 1 1997

Oklahoma Plans to Introduce Competition by 2002

Oklahoma Gov. Frank Keating has signed into law the "Electric Restructuring Act of 1997," S.B. 500, which allows customers choice of electric suppliers by July 1, 2002.

The legislation was written by state Sen. Kevin Easley (D), who originally had called for competition by 2000. The new law calls for the Oklahoma

Corporation Commission to resolve issues surrounding stranded costs.

According to Keating, "[Deregulation] should help strengthen our economic development position when we're in competition with other states for jobs."

Byline: 
Lori A. Burkhart
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In Brief...

Sound bites from state and federal regulators.

Gas Curtailment. New York PSC approves updated curtailment and interruption tariffs for many of the state's natural gas local distribution companies. It had asked the LDCs to develop new rules to reflect growing competition and ensure gas deliveries for core customers during a supply crunch. Case 93-G-0932, March 24, 1997 (N.Y.P.S.C.).

T & D Classification. New York PSC opens proceeding to distinguish between electric transmission and distribution facilities.

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