Oklahoma attorney general seeks rate cut for consumers

The Associated Press - December 29, 2017 10:05 am

OKLAHOMA CITY (AP) – Oklahoma Attorney General Mike Hunter says utility companies that stand to save an estimated $100 million in new federal corporate tax cuts should pass those savings on to Oklahoma residents.
Hunter announced Thursday he has filed five motions with the Oklahoma Corporation Commission seeking a reduction in rates for Oklahoma customers.
The utility companies include Oklahoma Gas & Electric, Public Service Company of Oklahoma, Oklahoma Natural Gas, CenterPoint Energy, and Arkansas Oklahoma Gas.
Hunter filed the motions on the day President Donald Trump signed the sweeping overhaul of federal tax law that includes a reduction in the highest corporate tax rate from 35 percent to 21 percent.
A hearing on the matter is scheduled for next week.

 

Latest Stories

Thunder post their highest point total of the season in 147-106 win over Wizards

By TIM WILLERT Associated Press OKLAHOMA CITY (AP) — Shai Gilgeous-Alexander scored 30 points and the...

Video shows Owasso nonbinary teen after attack in school bathroom, the day before their death

By KEN MILLER, PHILIP MARCELO, and JAMIE STENGLE Associated Press OKLAHOMA CITY (AP) — A 16-year-old...

Inside the enduring movie homes of Jack Fisk, production design legend

By JAKE COYLE AP Film Writer NEW YORK (AP) — Jack Fisk, the legendary production designer,...