Former Oklahoma regulator says legislators should pass bill to stop utility rate hikes

One former Oklahoma Corporation Commissioner contends the state legislature has an opportunity to stop the kind of soaring utility bills that have hit customers following the 2021 Winter Storm Uri.

Writing in The Oklahoman, Jeff Cloud, now Executive Director of the Alliance for Security Energy, said legislators should pass SB1103 which he says is a “major step in the right direction.”

He said it is one way of stopping utility hikes for Oklahomans.

“A yes vote for SB 1103 would stop price shocks from extreme winter storms by requiring electric utilities to store adequate supplies of natural gas and add much needed protections for Oklahoma ratepayers,” wrote Cloud.

Click here for The Oklahoman

The post Former Oklahoma regulator says legislators should pass bill to stop utility rate hikes first appeared on Oklahoma Energy Today.