Hotter weather in Oklahoma means not only higher electricity prices from Oklahoma Gas and Electric Company but a change in an advisory from the Southwest Power Pool.
OGE notified customers Monday that the Tuesday rate would be 32 cents per kilowatta hour from 2-7 p.m. but it was followed by a Special Notice that OG&E called a “critical event for 04:00 PM-06:00 PM—-the OG&E SmarHours price for electricityu will be 56 cents per kilowatt hour.”
Under the utility’s Smart Hours program, the lower costs are 12 cents which were in effect earlier in the month. Last week, the rate grew to 19 cents per kilowatt hour.
With temperatures forecast in the upper 90s, the Southwest Power Pool changed its previously declared Resource Advisory for its entire Balancing Authority to now take effect on Tuesday, July 29, from 8:00 a.m. CT until an anticipated end time of Wednesday, July 30 at 8:00 p.m. CT.
This advisory was previously declared to begin Monday, July 28, at 11:00 a.m. CT and last until an anticipated end time of Tuesday, July 29, at 9:00 p.m. CT.
- Resource Advisories do not require the public to conserve energy, but are issued to raise awareness of potential threats to reliability among entities responsible for operating transmission and generation facilities.
- This Resource Advisory is being declared due to forecasts of potential high peak loads, potential low output from wind and other variable energy resources (*also known as low VER forecast) leading into peak hours, and possible increase in resource outages.
- Individuals should contact their local utility for details specific to their area.
- SPP generation and transmission operators have been provided instructions on applicable procedures, including reporting any limitations, fuel shortages or concerns.
- To mitigate risks to reliability associated with these factors, SPP may use greater unit commitment notification timeframes, including making commitments before standard day-ahead market procedures and/or committing resources in reliability status.