SB1487

Oklahoma SB1487 mandates the Corporation Commission to create rules for public utilities to use usage-based rates for customer classes.

Oklahoma SB1487 requires the Corporation Commission to establish rules for public utilities to implement usage-based rates when setting rate tariffs for different customer classes. This bill amends Sections 18 through 34 of Article IX of the Oklahoma Constitution, as permitted by Section 35 of Article IX. The new rules will ensure that public utilities base their rates on actual usage, affecting how rates are calculated and charged to customers.