Pso’s $130 million rate case increase back before oklahoma regulators _ news ok

Oklahoma regulators heard Wednesday that Public Service Co. Gas tax in ct of Oklahoma should either be granted a $130 million rate increase or should instead cut existing rates by up to $7 million.

The wide variation in recommended changes to PSO tariffs came in a hearing before the three-member Corporation Commission over issues parties in the case had with recommendations from an administrative law judge. Electricity in costa rica for travelers She recommended PSO be granted a nominal rate increase of $676,000.

PSO filed the rate case in July 2015. Electricity word search answers After not getting a final decision in the case within a six-month period set by law, the utility put an interim $75 million rate increase in place in January.

The interim rate increase is subject to refund if the commission finds the utility wasn’t entitled to the extra revenue. Gas laws worksheet chapter 5 answers When the interim rates went into effect in January, PSO also passed along $140 million in lower fuel charges, meaning the net bill savings were about $2.44 a month for the typical residential customer.

PSO said the pending rate increase was needed to recover $453 million in system investments from February 2014 to July 2015. Gas in oil causes The utility also spent another $215 million this year on plant upgrades to meet federal environmental regulations.

At the time of filing, PSO said the full rate increase could mean an extra $14 per month for the typical residential customer using 1,100 kilowatt-hours of electricity.

Much of the conflict in Wednesday’s hearing came over whether PSO should be allowed to recover costs that went beyond the test year used to calculate new rates. Electricity projects in pakistan The test year is from February 2014 to January 2015, but state law gives regulators the discretion to include investments six months after the test year.

Plant upgrades to meet environmental regulations were finished at one of PSO’s Northeastern coal units in February and at the Comanche natural gas plant in June. Gas constant in kj PSO said those investments should be part of the current rate case even though they went beyond the six-month, post-test year timeline.

Jack Fite, an attorney for PSO, said the commission should be flexible in its interpretation of the six-month rule. 5 gases He said if the utility wasn’t allowed to recover the environmental upgrades, it could have meant filing concurrent rate cases with different test years.

Fite praised Administrative Law Judge Jacqueline Miller, who recommended PSO be allowed to recover the environmental expenditures, with conditions.

But Tom Schroedter, an attorney for Oklahoma Energy Industrial Consumers, said the utility was in control of the timing for filing its rate case. Electricity through wood He said the commission has typically stuck to the six-month, post-test year limit for investments to be included in a rate case.

“They’re profiting from their approach,” Schroedter said of PSO. Electricity sound effect “This is a huge issue. Gas bloating pain It’s easy to address. Gas hydrates You just do what you’ve always done. R gas constant kj If you don’t do what you’ve always done, it’s going to get messy.”

The environmental expenditures stem from a settlement reached in 2012 with the Environmental Protection Agency. Electricity clipart To meet federal Regional Haze and Mercury and Air Toxics Standards, PSO agreed to retire one of its coal units at Northeastern by 2016.

The utility said it would install emissions-control equipment on the other Northeastern coal unit and run it at reduced capacity until retiring it in 2026.

The settlement also involved the Oklahoma Secretary of Environment’s office, the Oklahoma Department of Environmental Quality and the Sierra Club.

The attorney general’s office, which represents consumers in utility rate cases, was active in brokering the early negotiations on the settlement but wasn’t happy with the final agreement because it phased out PSO’s coal units in Oklahoma.

Assistant Attorney General Dara Derryberry said Wednesday the commission should be consistent in its definition of fuel diversity. Ortega y gasset la rebelion de las masas The commission earlier this year approved a plan by Oklahoma Gas and Electric Co. Gasbuddy map to spend about $500 million to put coal scrubbers on OG&E’s Sooner plant near Red Rock.

Derryberry said the attorney general still has concerns over the costs of PSO’s environmental plan. Electricity facts label She said those costs shouldn’t be approved because they fell outside the six-month window after the test year, with one project put in service 17 months after the end of the test year.

In his rebuttal, Fite said the attorney general’s contention that OG&E’s environmental compliance plan would work for PSO ignores the differences in the utilities’ generating portfolio.

“These scrubbers are not purchased at Lowe’s or Home Depot,” Fite said. Gas vs electric heat “I’m not trying to be funny, but these are specific to the plant. 76 gas credit card login Their (OGE’ s) cost structure and PSO’s cost structure are different. Kite electricity generation When we ran our studies, we showed very little difference between three of the options.”

Fite said it was easy for intervening parties to take an accounting statement and make adjustments to PSO’s costs, a process he called “death by a thousand cuts.”

“You’ve got to wonder, when you look at the charts, how a company can invest hundreds of millions of dollars and be told, ‘You need to reduce your rates,'” Fite said. Electricity in water experiment “The last rate order was April 14, 2015. Gas pain in chest Did you make such a mistake that you made PSO so bloated with cash that they now deserve a rate reduction? I don’t think so.”