The House Utilities Committee is sending House Bill 2747 forward. The bill would modernize state regulations to increase new natural gas generation, creating a level of accountability for out-of-state developers to the state of Oklahoma, and requiring rate changes to be overseen by the Oklahoma Corporation Commission.
House Appropriations and Budget Committee Chair Trey Caldwell is the bill’s author.
“HB 2747 is a crucial step towards ensuring that Oklahoma’s energy future is secure, reliable, and affordable for all Oklahomans,” said Caldwell. “Oklahoma ratepayers and landowners have been disadvantaged by policies of previous federal administrations for way too long. HB 2747 creates a level playing field for reliable natural gas generation to outshine federally subsidized renewable resources and support economic growth. This will help us protect ratepayers and landowners from unregulated transmission developers who have no accountability to Oklahomans while ensuring free market competition on the construction of these projects.”
The next stop for HB 2747 is the House Energy and Natural Resources Oversight Committee.
