A so-called “Behind the Meter” bill is becoming law after it was signed this week by Oklahoma Gov. Kevin Stitt.
Sen. Grant Green, R-Wellston authored Senate Bill 480 which he contends will increase economic development in the state. Green says the law could generate billions in new private-sector investment, empower businesses to develop and manage their own power and electric facilities. Instead of resorting on electricity from a supplier, business will be able to develop their own storage system such as batteries and solar projects and not be charged for it.
“This legislation puts Oklahoma on the forefront of energy innovation and economic competitiveness while ensuring we continue to support and respect the role of our longtime electric utilities,” Green said.
This legislation is designed to increase energy generation as the demand for electricity rises nationwide due to a growing number of large-scale manufacturing facilities, data centers and artificial intelligence processing centers.
“Senate Bill 480 sends a clear message that our state is ready to welcome major investment from companies looking to build, expand and lead in emerging fields. By giving businesses the flexibility to develop their own power infrastructure, we’re cutting red tape, relieving pressure on the electric grid and making Oklahoma more attractive to advanced manufacturers and AI-driven businesses. I was grateful to work with Representative Boles on this important legislation, and I appreciate the governor signing it into law.”
SB 480 passed both chambers unanimously. It will take effect July 1.