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ENGROSSED HOUSE
BILL NO. 3053 By: Boles and Williams of the
House
and
Rader of the Senate
An Act relating to energy; requiring Secretary of
Energy and Environment to evaluate relationship of
the Southwest Power Pool and the state; requiring
preparation of certain report ; providing for
staffing; requiring report encompass certain areas;
providing report be completed by certain date;
providing for distribution of report; providing for
codification; and declaring an emergency.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as S ection 294 of Title 17, unless there is
created a duplication in numbering, reads as foll ows:
A. The Secretary of Energy and Environment shall lead the
evaluation of the regulatory and statutory frameworks governing the
relationship between the Southwest Power Pool (SPP) and the State of
Oklahoma. The objective of this evaluation is to prepare a
comprehensive report containing recommendations aimed at enhancing
the benefits for electricity ratepayers in Oklahoma by assessing the
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impact of the SPP on Oklahoma's electricity infrastructure and
recommending improvements. The staff of the Oklahoma Corporation
Commission shall provide support to the Secretary in conducting this
evaluation.
B. The report shall encompass the following areas for
examination:
1. The impact of the SPP on Oklahoma ratepayers and the l evel
of input from the Corporation Commission regarding SPP decisions;
2. Implications of SPP decisions on the Oklahoma state budget;
3. The reliance of SPP base load capacity on intermittent power
sources;
4. The current availability of SPP base load p ower generation
to meet existing demand;
5. Future projections and adequacy of planned SPP base load
power generation to meet anticipated needs ;
6. Overall impact of the SPP on Oklahoma 's oil and natural gas
companies and the state economy ;
7. Identification of areas requiring modificati on within the
regulatory and statutory framework, prioritizing the best interests
of Oklahoma ratepayers and taxpayers ;
8. The amount of power produced in Oklahoma by each entity
subject to the jurisdiction of the Corporation Commission;
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9. The amount of power produced within Oklahoma which is
transmitted outside of the state as well as the market value of said
power; and
10. The cost, if any, that is built into rate cases before the
Corporation Commission for the construction and maintenance of
generation and transmission infrastructure which is used in whole or
in part for the generation and transmission of power for sale
outside of Oklahoma.
C. 1. The Secretary shall ensure the completion o f the report
no later than November 1, 2024.
2. A copy of the finalized report shall be submitted to the
following entities:
a. Governor of the State of Oklahoma,
b. Speaker of the Oklahoma House of Representatives ,
c. President Pro Tempore of the Oklahoma State Senate,
d. Chair of the Utilities Committee of the Oklahoma House
of Representatives or successor committee ,
e. Chair of the Energy Committee of the Oklahoma State
Senate or successor committee , and
f. Chair of the Energy and Natural Res ources Committee of
the Oklahoma House of Representatives or successo r
committee.
SECTION 2. It being immediately necessary for the preservation
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of the public peace, health or safety, an emergency is hereby
declared to exist, by reason whereof this act shall take effect and
be in full force from and after its passage and approval.
Passed the House of Representatives the 27th day of February,
2024.
Presiding Officer of the House
of Representatives
Passed the Senate the ____ day of __________, 2024.
Presiding Officer of the Senate