Bill No. 480, introduced by Senators Green and Boles, amends the definition of a public utility in Oklahoma law. The bill modifies existing language to clarify that the term "public utility" includes various entities involved in the production and delivery of electricity, gas, and water, while also specifying exceptions for certain non-profit corporations focused on rural water supply and sewage disposal. Notably, the bill deletes previous exceptions related to private businesses in Washington County that manufacture products and operate private electric or water plants, while also updating the definition of the Corporation Commission.

Additionally, the bill introduces new provisions that exempt entities producing electricity for their own use or for specific customers from being classified as public utilities, provided they do not resell the electricity for public use. It emphasizes that these entities must still comply with state and federal regulations regarding grid interconnection. Furthermore, the bill mandates that any projects developed under this act must incorporate a natural gas component in their power generation capacity. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage.

Statutes affected:
Introduced: 52-288.3
Committee Substitute: 17-151
Floor (Senate): 17-151
Engrossed: 17-151