New Report Takes Aim at CWIP Laws, Calling Them a “Hidden Tax” on Power Bills A new blistering report from the Manhattan Institute targets the growing use of CWIP — Construction Work in Progress — and takes the policy to the woodshed. The report argues that CWIP laws allow utilities to “gold plate” projects, stretch …
Hiett Explains His Opposition to CWIP Denial Oklahoma Corporation Commissioner Todd Hiett says he voted against a plan to deny Construction Work in Progress for Oklahoma Gas and Electric not because he was against denial of CWIP but because there was no cost cap on one of the utility’s energy expansion projects. Commissioners approved the …
Commission to Rule on Controversial Construction Cost Recovery Oklahoma Gas and Electric (OG&E) will learn Thursday whether Oklahoma Corporation Commissioners will approve or deny the utility’s request for Construction Work in Progress (CWIP) on major energy improvement projects. If approved, CWIP would allow OG&E to charge its nearly 900,000 customers for project costs while construction …
Oklahoma and Missouri Ratepayers Could See Early Utility Hikes If Oklahomans think they are the only ones facing possible rate hikes to pay for energy projects still under construction, they are not alone. Missouri ratepayers face the same situation because of a new law similar to one recently passed in Oklahoma. Both laws allow utilities …
