Overview |
As required by the Capital Investment Rider case completed in 2009, on July 9, 2010 Public Service Company of Oklahoma (PSO) filed a request with the Oklahoma Corporation Commission (OCC) to increase base rates. PSO is requesting an $82.7 million increase in base rates or an approximate 16.99 percent increase in non-fuel base revenues based on a historic test year ended February 28, 2010.
This includes approximately $30 million in revenues currently being collected under the capital investment rider, so the proposed net increase to retail customers is $52.4 million (4.97 percent).
Existing rates were established by OCC order in case No. PUD 200800144 issued in January, 2009 based upon a test year ended February 29, 2008 with an ROE of 10.5%.
PSO has requested that any change in rates take place in June, 2011. |
