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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 2, § 2-11-11: Definitions

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Where this section sits in the code
  1. OK Code
  2. Title 2

As used in this act:

1. "Extraordinary costs" means costs incurred by an

incorporated municipality's unregulated utility related to the

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.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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