{"data":{"id":"us-ok/okla.-stat.-tit.-74-74-9052","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 74, § 74-9052","heading":"Definitions","body":"As used in this act:\n\n1. \"Authority\" shall mean the Oklahoma Development Finance\n\nAuthority pursuant to Section 5062.1 et seq. of Title 74 of the\n\nOklahoma Statutes;\n\n2. \"Extraordinary costs\" shall mean costs incurred by an\n\nunregulated utility related to the extreme weather that occurred\n\nbeginning February 7, 2021, and ending February 21, 2021, including\n\nbut not limited to fuel-related storage and associated costs,\n\nemergency compressed or liquified natural gas supplies, contracts\n\nfor services providing additional pressurization on lines and\n\ntransportation pipeline penalties. Extraordinary costs shall not\n\ninclude extreme purchase costs, as defined in this section;\n\n3. \"Extreme purchase costs\" shall mean expenses incurred for\n\nthe purchase of fuel, purchased power, natural gas commodity or any\n\ncombination thereof, whether at spot pricing, index pricing or\n\notherwise with delivery from February 7, 2021, through February 21,\n\n2021;\n\n4. \"Qualified costs\" shall mean the extreme purchase costs and\n\nextraordinary costs, as calculated and set out by the Oklahoma\n\nDevelopment Finance Authority following a review of a loan\n\napplication of an unregulated utility submitted pursuant to this\n\nact, less any insurance proceeds, governmental grants or other\n\nfunding sources;\n\n5. \"Unregulated utility\" shall mean any utility, as defined in\n\nthis act, doing business in this state, or any public trust\n\ndesignated for the benefit of a utility or municipality, which is\n\nnot a regulated utility subject to the regulatory jurisdiction of\n\nthe Oklahoma Corporation Commission with respect to its rates,\n\ncharges and terms and conditions of service;\n\n6. \"Utility\" shall mean any person or entity doing business in\n\nthis state that furnishes natural gas or electric current to its\n\ncustomers or members located at an address in this state and within\n\nthe service area of the utility;\n\n7. \"Utility revenue bond\" shall mean any bond, revenue bond,\n\nnotes or other evidence of obligations of the Oklahoma Development\n\nFinance Authority issued by the Authority pursuant to this act\n\nincluding, but not limited to, bond anticipation notes and refunding\n\nbonds, for the purpose set forth in this act; and\n\n8. \"Unregulated Utility Consumer Protection Fund\" shall mean\n\nthe fund created pursuant to Section 7 of this act.","path":["OK Code","Title 74"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os74.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"1d9bab65dbbc22745110f3e3eae01a3fde7aee5d75f8b67dfe00e1db65b02e31","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-74-74-9051","next":"us-ok/okla.-stat.-tit.-74-74-9053"},"notice":"GroundRules: Original legal text. Not legal advice."}