Supreme Court approves Ratepayer Backed Bonds For PSO

high-voltage-electric-tower-on-a-snowy-day-in-the-mountains

May 26, 2022

By News Director Jared Atha

The Oklahoma Supreme Court, in three separate rulings this week, signed off on more than $2.2 billion in ratepayer bonds for three utilities as they seek rate hikes to recover 2021 winter storm costs.

One of those utilities provides service to portions of western Oklahoma.

The rulings issued on Wednesday came in the cases that involved $725,000,000 in bonds for Public Service Company of Oklahoma. Others included $1.45 billion for Oklahoma Natural Gas and $95 million for Summit Utilities. The court had previously approved nearly $1 billion in bonds for Oklahoma Gas and Electric.

Each of the ratepayer bond cases had been requested by the Oklahoma Development Finance Authority using a year-old February 2021 Regulated Utility Consumer Protect Act created by the legislature immediately after the winter storm hit the state and the region.

Copyright 2022 Paragon Communications. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.

2603171345_1481669

Mountain Park Homicide Suspect Found Guilty

Mountain Park, OK – On March 14, 2025, the Mountain Park Police Department requested the Oklahoma State Bureau of Investigation to investigate a homicide. Around 2:30 a.m., officers responded to a shooting call at a residence off

2603100736_1952593

Fires Being Investigated in Roger Mills County

Roger Mills County, OK — Local firefighters responded Monday to three separate grass fires in Roger Mills County, with authorities saying evidence suggests the fires may have been intentionally set. According to Roger Mills County Sheriff Darren

2603051757_1435090

Fatal Crash Reported South of Foss

Foss, OK – A fatal two-vehicle collision occurred early Thursday morning, March 5, on State Highway 44 in Washita County, according to the Oklahoma Highway Patrol. The crash happened at approximately 4:14 a.m. at the intersection of

2603021239_2113873

Celebrating 125 Years of Excellence at SWOSU

Weatherford, OK — On March 6, 2026, the SWOSU community will come together to celebrate an incredible milestone, 125 years of Southwestern Oklahoma State University. For more than a century, SWOSU has been a place where tradition,

2602231339_1231807

Voter Registration Deadline Approaches

Cheyenne, OK – Friday, March 13th, is the last day to apply for voter registration in order to be eligible to vote in the April 7th Reydon Board of Education General Election, Roger Mills County Election Board