State Rep Files Brief Challenging PSO's 2021 Winter Storm Bonds

State Rep files brief challenging PSO's 2021 winter storm bonds

OKLAHOMA CITY (KFOR)— It has been four years since a historic and bitterly cold winter storm blanketed Oklahoma. Most of us are reminded of it every time we look at our electricity bill each month. Customers are paying back billions of dollars in debt that utility companies took on when they had to buy natural gas at much higher prices just to keep up with demand. Those extra charges will be on our bills for more than a decade to come, but one s…

Rep. Gann challenges PSO’s 2021 winter storm bonds at OK Supreme Court

Gann Challenges PSO’s 2021 Winter Storm Bonds at OK Supreme CourtOKLAHOMA CITY – An appeal brief filed Thursday by Rep. Tom Gann, R-Inola, asks the Oklahoma Supreme Court to invalidate some $700 million in ratepayer-backed bonds issued to cover costs incurred by Public Service Company of Oklahoma (PSO) during February 2021’s Winter Storm Uri. Payments for those bonds have been collected on the monthly bills of PSO’s customers since the bonds wer…

PSO’s Winter Storm Uri bonds challenged in state’s high court - Sequoyah County Times

OKLAHOMA CITY – An appeal brief filed Thursday by Rep. Tom Gann, R-Inola, asks the Oklahoma Supreme Court to invalidate some $700 million in ratepayer-backed bonds issued to cover costs incurred by Public Service Company of Oklahoma (PSO) during February 2021’s Winter Storm Uri. Payments for those bonds have been collected on the monthly bills of PSO’s customers since the bonds were issued in September 2022. They are scheduled to continue for an…