{"data":{"id":"us-ok/okla.-stat.-tit.-17-17-258","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 17, § 17-258","heading":"Approval of purchased power adjustment clauses","body":"A. No purchased power adjustment clause of any kind shall apply\n\nnor be used in computing bills for retail electric service which has\n\nnot been first approved by the Commission.\n\nB. If the Commission finds that the changed price of purchased\n\nwholesale power required for distribution by any electric\n\ndistribution cooperative threatens the ability of the cooperative to\n\nearn a reasonable rate of return, the Commission may, after\n\ninvestigation and public hearing, approve a suitable purchased power\n\nadjustment clause to be superimposed upon the existing retail\n\nelectric rate schedules of the cooperative and designed only to\n\nrecapture such increased costs of wholesale power.\n\nC. The Commission shall design the purchased power adjustment\n\nclause to allow the electric distribution cooperative to increase or\n\ndecrease its charges for retail electric service as provided in its\n\napproved electric rates only for the changes in the cost of\n\npurchased power when the price of such purchased power differs from\n\nthe price which is reflected in its basic approved retail rates. It\n\nshall include in a purchased power adjustment clause an allowance\n\nfor line losses if a preponderance of evidence points to the\n\nprobable conclusion that failure to do so will result in less than a\n\nreasonable rate of return for the cooperative.","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":"39edc231c762ede747dddbc7f4b38ee9087879e0b5e8f44daa3931b802e0f2b0","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-17-17-257","next":"us-ok/okla.-stat.-tit.-17-17-259"},"notice":"GroundRules: Original legal text. Not legal advice."}