Back and forth they went, the Oklahoma Corporation Commission and OG&E.

Finally, the two parties settled things, and it seems to be final.

Heres the long and short of it.

OG&E wants to build more infrastructure on Horseshoe Lake, to increase capacity.

The catch: OG&E wanted a funding boost, through a special provision in Oklahoma law, called Construction While in Progress (CWIP). The plan was to raise rates, to more quickly pay down the construction, claiming customers would save $176 million in interest.

Commissioner Todd Hiett was not convinced.

I cant imagine. The math is so absolutely clear that CWIP treatment is a detriment to rate payers. Where they if they, enjoy any savings at all, its going to be 25 years and beyond, before they get that savings. Those customers may not be c

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