Oklahoma § 17-161.1 - Restrictions on charges for reselling electric current

§ 17-161.1. Restrictions on charges for reselling electric current

or natural gas.

A. Except for any person, public utility, or public service

corporation subject to the jurisdiction of the Corporation

Commission, or a municipal utility, or a public trust which has as

its beneficiary the municipality, no owner of any interest in real

property in this state who purchases electric current or natural gas

from a municipality and who resells such electric current or natural

gas to any residential lessee of any interest in such real property

for the purpose of heat, light or power shall charge such lessee any

amount in excess of ten percent (10%) of the cost to such reseller

for each billing cycle of the electricity or natural gas purchased

by the reseller from the supplier. Provided the provisions of this

section shall not apply to the resell of electric current or natural

gas pursuant to a commercial lease.

Oklahoma Statutes - Title 17. Corporation Commission

B. The reseller shall separately disclose in its electric or

gas bills to the lessee the per unit cost of its purchased power and

the actual amount of each fee or charge in dollars and cents to be

paid by the lessee to the reseller.

C. Any person who willfully violates the provisions of this

act, upon conviction by a district court, shall be guilty of a

misdemeanor. In addition to the punishment prescribed by this

subsection, said reseller is liable in treble damages to the lessee

injured, said damages to be recovered in a civil action by the

consumer so injured. Treble damages shall be based on the total

amount to be paid to the reseller by the lessee for each bill which

exceeds the authorized percentage pursuant to this section.

D. The Office of the Attorney General of this state shall have

the power and duty to investigate and prosecute any violations of

the provisions of this section.

Added by Laws 1987, c. 163, § 1, eff. Nov. 1, 1987.