Okla. Stat. tit. 2, § 2-11-11
This is the official text of Okla. Stat. tit. 2, § 2-11-11, part of Oklahoma’s Stat. tit. 2, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 2,." Browse the sections below, each linked to its official government source.
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Definitions
Official statutory text
As used in this act:
1. "Extraordinary costs" means costs incurred by an
incorporated municipality's unregulated utility related to the
Oklahoma Statutes - Title 2. Agriculture Page 495
extreme weather that occurred beginning February 7, 2021, and ending
February 21, 2021, including but not limited to fuel-related storage
and associated costs, emergency compressed or liquified natural gas
supplies, contracts for services providing additional pressurization
on lines and transportation pipeline penalties. Extraordinary costs
shall not include extreme purchase costs, as defined in this
section;
2. "Extreme purchase costs" means expenses incurred for the
purchase of fuel, purchased power, natural gas commodity, or any
combination thereof, whether at spot pricing, index pricing, or
otherwise with delivery beginning February 7, 2021, and ending
February 21, 2021;
3. "Utility" shall mean any person or entity doing business in
this state that furnishes natural gas or electric current to its
customers located at an address within this state and within the
service area of the utility; and
4. "Unregulated utility" shall mean any utility, as defined in
this section, which is not subject to the regulatory jurisdiction of
the Corporation Commission with respect to its rates, charges, and
terms and conditions of service.
1. "Extraordinary costs" means costs incurred by an
incorporated municipality's unregulated utility related to the
Oklahoma Statutes - Title 2. Agriculture Page 495
extreme weather that occurred beginning February 7, 2021, and ending
February 21, 2021, including but not limited to fuel-related storage
and associated costs, emergency compressed or liquified natural gas
supplies, contracts for services providing additional pressurization
on lines and transportation pipeline penalties. Extraordinary costs
shall not include extreme purchase costs, as defined in this
section;
2. "Extreme purchase costs" means expenses incurred for the
purchase of fuel, purchased power, natural gas commodity, or any
combination thereof, whether at spot pricing, index pricing, or
otherwise with delivery beginning February 7, 2021, and ending
February 21, 2021;
3. "Utility" shall mean any person or entity doing business in
this state that furnishes natural gas or electric current to its
customers located at an address within this state and within the
service area of the utility; and
4. "Unregulated utility" shall mean any utility, as defined in
this section, which is not subject to the regulatory jurisdiction of
the Corporation Commission with respect to its rates, charges, and
terms and conditions of service.
Status: in_force · Read it on the official government site
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