Oklahoma Corporation Commissioners may have a decision Thursday on the request of Public Service Company of Oklahoma for approval to complete the $730 million acquisition of a gas plant in Jenks.
An administrative law judge had been hearing arguments for and against the request since last week.
Commissioners announced Wednesday they would meet at 8:30 a.m. on Thursday to hold a “hearing on the merits” in the case. The request faced opposition this week from the AARP whose state director Sean Voskuhl argued the utility’s customers are already facing a significant financial burden with the recent approval of a $12 a month rate hike.
“This increase came with an agreement PSO would not seek another rate hike in 2025. Instead of waiting to recover the costs. PSO seeks to immediately pass the cost onto customers, adding $7.24 per month to residential customer bills.”
The Green Country Energy plant went on the market in September 2023 and PSO quickly moved to make the buy, explaining it was needed to meet increased consumer demands.