The administrative judge is due to respond to the proposed settlement next month. The OCC may approve, revise or reject this recommendation.
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“It was a hotly contested negotiation between the parties,” said Horeled. ââ¦ No one left with everything they wanted. We gave up a lot in the negotiations with regard to our final position. Other parties have done it too.
âIt’s a good compromise between the company’s position and the positions of the stakeholders in the file. This is why it is a fair, equitable and reasonable rate increase for customers.
PSO filed the joint stipulation with the OCC’s utilities division on September 23, and a week later, talks resulted in an amended stipulation, which was either accepted or not accepted by all parties, to the exception of the AARP, said PSO.
The other parties to the case are the Attorney General of Oklahoma (representing residential taxpayers); industrial energy consumers in Oklahoma; Walmart; the US Department of Defense and the International Brotherhood of Electrical Workers.
Regarding the deal, Sean W. Voskuhl, State Director of AARP, wrote in an email that âMore can be done to reduce costs for residential customers. The Oklahoma utility company still charges one of the highest fixed monthly fees in the country. AARP Oklahoma is fighting for a better deal for residential customers.