Oklahoma § 17-257 - Electric generation cooperatives - Report of fuel

§ 17-257. Electric generation cooperatives - Report of fuel

adjustment clauses.

Electric generation cooperatives which determine to utilize a

fuel adjustment clause shall report such fuel adjustment clause to

the Commission. The Commission shall promulgate reasonable rules

requiring each such cooperative to file monthly with the Commission,

the following:

1. A report of adjustments charged or credited to its wholesale

electric customers on its current monthly billing;

2. A statement of the items and costs making up the average

cost of fuel per million BTU and associated costs in dollars and

cents or fraction thereof;

3. A summary of its fuel and gas purchase invoices and its

computation of the proposed monthly fuel adjustment charges;

4. A summary of inventory records of fuel going into and taken

out of stockpile or storage;

5. A report containing the average unit price, the change in

the average unit price, the volume purchased and a brief explanation

of any change in such unit cost; and

6. Any other records pertaining to fuel adjustment charges

deemed necessary by the Commission including, but not limited to,

the heat-rate efficiency and delivery efficiency for affected

electric generating cooperatives and the actual capacity factor for

each generating facility utilized to produce electric power. The

records and computations provided for in this section shall be open

to public inspection at the office of the Commission.

Added by Laws 1977, c. 252, § 8, emerg. eff. June 15, 1977. Amended

by Laws 1981, c. 272, § 6, eff. July 1, 1981; Laws 1998, c. 364, §

10, emerg. eff. June 8, 1998.