Senate Bill No. 335, introduced by Senators Green and Archer, aims to regulate the practices of rate-regulated retail electric suppliers in Oklahoma. The bill prohibits these suppliers from offering any ratepayer-funded incentives, rebates, or inducements to customers for the purpose of encouraging a switch from natural gas to electricity. This new provision will be codified as Section 801.10 of Title 17 in the Oklahoma Statutes.

The bill is set to take effect on July 1, 2025, and includes an emergency clause, allowing it to be enacted immediately upon passage and approval to ensure the preservation of public peace, health, or safety.