{"data":{"id":"us-ok/okla.-stat.-tit.-17-17-253","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 17, § 17-253","heading":"Rules for considering adjustment applications","body":"A. No proposed monthly fuel adjustment, purchased power\n\nadjustment or purchased gas adjustment shall become effective until\n\nafter the Corporation Commission has had an opportunity to determine\n\nthat the adjustment is calculated in accordance with the terms and\n\nconditions of the applicable fuel adjustment clause.\n\nB. The Commission shall promulgate rules requiring each company\n\nas a necessary part of the monthly filing with the Commission and\n\ncondition to consideration of any adjustment application to submit\n\nthe following information:\n\n1. A statement by each company subject to a fuel adjustment\n\nclause of the items and costs making up the average cost of fuel per\n\nmillion BTU and associated costs in dollars and cents or fraction\n\nthereof;\n\n2. A summary of its fuel and gas purchase invoices and its\n\ncomputations of the proposed monthly fuel adjustment or purchased\n\ngas adjustment charges;\n\n3. A summary of inventory records of fuel and gas going into\n\nand taken out of stockpile or storage;\n\n4. A report containing the average unit price, the change in\n\nthe average unit price, the volume purchased and a brief explanation\n\nof such unit cost increase; and\n\n5. Any other records deemed necessary by the Commission\n\nincluding, but not limited to, the heat rate efficiency and delivery\n\nefficiency for affected electric public utilities and the actual\n\ncapacity factor for each generating facility utilized to produce\n\nelectric power.\n\nThe records and computations filed shall be open to public\n\ninspection at the office of the Commission.\n\nC. The Commission shall have five (5) business days after the\n\nrecords and computations prescribed in subsection B of this section\n\nhave been filed to determine the necessity of an administrative\n\nproceeding thereon. If the Commission does not determine that a\n\nhearing is required, the proposed adjustment charge shall become\n\neffective as filed. In the event the Commission decides to hold a\n\nhearing on the information filed, it shall notify the public utility\n\nwithin such five-day period, set the matter for a public hearing to\n\ncommence within thirty (30) business days thereafter, and give\n\nnotice thereof at least three (3) days prior to the commencement of\n\nsuch hearing by publication in a newspaper of general circulation in\n\nthe area served by such company. The issue to be determined at such\n\nhearing shall be either or both of the following determinations:\n\n1. Whether charges or credits made under the fuel adjustment\n\nclauses are based upon the actual prices paid for fuel, purchased\n\ngas or purchased power and are properly computed in accordance with\n\nthe applicable adjustment clause; or\n\n2. Whether the fuel adjustment clauses should be discontinued,\n\namended or suspended. In the event that the Commission determines\n\nthat it is necessary to set any proposed adjustment charge for\n\nhearing, the proposed charge shall nevertheless become effective at\n\nthe option of the utility following the expiration of the five-day\n\nperiod after its records and computations have been filed, pending\n\nthe Commission's finding with respect to such charges. However, in\n\nthe discretion of the Commission, the effectiveness of the proposed\n\ncharge may be conditioned upon the filing by the utility with the\n\nCommission of an assurance satisfactory to the Commission, which may\n\ninclude a bond with surety, of the utility's ability and willingness\n\nto refund to its customers any such amounts as the utility may\n\ncollect from them in excess of the charge approved by the Commission\n\nin its finding. If the Commission has not approved, in whole or in\n\npart, or denied the proposed charge within a seven-day period\n\nsubsequent to the commencement of such hearing, the Commission shall\n\npromptly submit a written explanation of the Commission's failure to\nrefund to its customers any such amounts as the utility may\n\ncollect from them in excess of the charge approved by the Commission\n\nin its finding. If the Commission has not approved, in whole or in\n\npart, or denied the proposed charge within a seven-day period\n\nsubsequent to the commencement of such hearing, the Commission shall\n\npromptly submit a written explanation of the Commission's failure to\n\ndo so to the President Pro Tempore of the Senate, the Speaker of the\n\nHouse of Representatives and the office of the Governor.","path":["OK Code","Title 17"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os17.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"f48b290023667d5009830600282d340ea88d1100ed9a03d4de5b7d587b2baf19","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-17-17-252","next":"us-ok/okla.-stat.-tit.-17-17-254"},"notice":"GroundRules: Original legal text. Not legal advice."}