Oklahoma 2024 Regular Session

Oklahoma House Bill HB3053

Introduced
2/5/24  
Refer
2/6/24  
Report Pass
2/15/24  
Engrossed
2/28/24  
Refer
3/19/24  
Report Pass
4/4/24  
Enrolled
5/7/24  

Caption

Energy; directing Corporation Commission to evaluate relationship between Southwest Power Pool and the state; requiring report; establishing deadline; distribution; emergency.

Impact

By requiring a structured report on SPP’s influence over Oklahoma's electricity sector, HB 3053 is expected to enhance transparency and accountability. The specifics of the report are critical as they will inform the state about how SPP decisions might affect the state's energy budget, the viability of local energy sources, and the overall economic implications for ratepayers. This bill positions the Corporation Commission as a more informed authority regarding regional energy governance, which could influence future energy policy decisions in Oklahoma.

Summary

House Bill 3053 mandates the Oklahoma Corporation Commission to collaborate with the Southwest Power Pool (SPP) to develop a comprehensive report on the regulatory framework governing electricity in Oklahoma. This legislation aims to assess the impact of the SPP on the state's electricity infrastructure and detail how SPP decisions affect Oklahoma ratepayers. The bill stipulates that the report should include the last twelve months of data, covering various aspects of the SPP's operations, including decision-making processes, financial impacts, and the utilization of intermittent power sources to meet energy demands.

Sentiment

The sentiment around HB 3053 appears largely supportive among stakeholders in energy regulation and policy. Legislators and energy proponents view it as a proactive measure to ensure that Oklahoma's energy framework remains robust amidst changing power dynamics within regional markets like the SPP. However, there may be some apprehension from certain sectors about the report’s findings and underlying implications for existing energy policies.

Contention

Notable points of contention around the bill may revolve around the potential implications of the report's findings. Critics may express concern regarding how this report will influence the autonomy of local utilities and the extent of SPP's control over Oklahoma's power. Additionally, discussions may arise about the representation and input from local stakeholders during the evaluation process, as well as how the findings will translate into actionable policies that could impact both users and providers within the state's energy framework.

Companion Bills

No companion bills found.

Previously Filed As

OK SB205

Oil and gas; creating State Strategic Petroleum Reserve; directing appropriation; directing Corporation Commission to maintain Reserve; establishing conditions to be met for release of oil from Reserve. Emergency.

OK SB745

Incentive Evaluation Commission; modifying terms of appointment; modifying membership; modifying frequency of evaluations; requiring development of schedule. Effective date. Emergency.

OK SB583

Ad Valorem Reimbursement Fund; requiring Tax Commission to provide certain reports. Emergency.

OK SB781

Apportionments; requiring certain monthly reporting. Emergency.

OK HB2359

Corporation Commission; requiring submission of certain annual report; requiring report contain certain items; requiring submission of evidence of financial security; effective date.

OK HB2360

Corporation Commission; requiring certain attestation; modifying means of service for certain notice; modifying entities to receive certain notice; emergency.

OK SB200

Carbon sequestration; requiring certain state agencies to compile and submit certain report to certain state officials by specified date. Emergency.

OK HB2858

Construction Industries Board; powers and duties; reports; votes; workforce development; contacts; reporting requirements; effective date; emergency.

OK SB852

Corporation Commission; providing for certain emission extraction; allowing Commission to obtain carbon credits for certain purpose. Emergency.

OK HB1348

Heavy equipment rentals; recovery fee; exemptions; requiring report to Tax Commission; effective date; emergency.

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