Oklahoma Corporation Commissioner Kim David
OKLAHOMA CITY – The Oklahoma Corporation Commission (OCC), in a 2-1 vote, has approved Public Service Company of Oklahoma’s (PSO) request to purchase the Green Country Generation Facility and to begin cost recovery through a rider.
The 795-megawatt natural gas power plant, located in Jenks, Oklahoma, will help meet PSO’s growing need for reliable, dispatchable energy. After reviewing the proposal, the Commission determined that PSO had demonstrated both a need for new generation and that it had reasonably evaluated alternative options. The approved cost recovery is capped at approximately $730 million.
“Purchasing this facility is a strategic decision that benefits both PSO and its customers,” said OCC Chairman Kim David. “It’s located in the heart of PSO’s service territory and will provide reliable, affordable power. As Oklahoma attracts new businesses and industries, the demand for electricity continues to grow—this plant helps meet that demand now, not years down the road.”
PSO originally sought approval to recover $753 million. The Commission limited the amount to $730 million to ensure cost control and accountability. Ongoing compliance requirements have been set to ensure the investment continues to benefit customers.
Acquiring an existing facility like Green Country avoids the delays, costs, and regulatory complexities of building a new plant. New construction could take years and cost significantly more. In contrast, this purchase provides immediate generation capacity at a competitive price.
Residential customers will see an estimated 5.44% increase in their total monthly bill—approximately $7.24 more per month.
“I take seriously our duty to ensure reliable service for all Oklahomans,” Chairman David added. “At the same time, I understand that any rate increase has an impact. That’s why we worked to ensure this purchase is fair, justified, and delivers long-term value for customers.”
Commissioners Kim David and Brian Bingman voted to approve the order. Commissioner Todd Hiett opposed the decision and filed a dissenting opinion.
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