Oklahoma § 17-608 - Corporation Commission - Jurisdiction over sales of

§ 17-608. Corporation Commission - Jurisdiction over sales of

compressed natural gas - Notice of price increases - Hearing.

A. The Corporation Commission shall have jurisdiction over all

sales in this state of compressed natural gas to the state or any

county, municipality or public trust authority located within this

state, the State Department of Education or any school district

within this state, if the compressed natural gas is utilized in a

government vehicle or a school vehicle as defined in Section 2 of

this act.

B. Any entity engaged in the sale of compressed natural gas, in

the manner specified in subsection A of this section, and not

otherwise determined to be a public utility pursuant to Section 151

of this title, shall be required to give notice to the Commission

prior to increasing the price of compressed natural gas more than

five percent (5%). The Commission shall either approve the increase

within five (5) business days of the notification or notify the

entity of the suspension of the price increase pending further

investigation of such increase. The Commission shall give notice

and conduct hearings concerning such price increases as the

Commission deems appropriate and the Commission shall notify the

Attorney General of the time and place any such hearings are to be

Oklahoma Statutes - Title 17. Corporation Commission

held. In determining whether the increase should be granted, the

Commission shall consider:

1. the costs of the entity to provide the compressed natural

gas;

2. the availability of alternate fuel supplies to consumers;

and

3. the potential impact of the proposed increase on the

availability of compressed natural gas.

Any public utility engaged in the sale of compressed natural gas in

the manner specified in subsection A of this section shall not sell

such compressed natural gas at a price greater than the applicable

tariff rate for commercial customers of such public utility plus the

costs of compressing such gas.

C. Notice to the Commission shall be given by filing a verified

statement with the Director of the Public Utility Division which

sets forth:

1. the name and address of the entity;

2. the current price and the proposed price;

3. documentation which supports the need for the increase; and

4. the proposed date of the increased price.

D. The Commission shall have the authority to promulgate any

rules and regulations as it may deem necessary concerning the

regulation of compressed natural gas prices pursuant to the

provisions of this section.

Added by Laws 1990, c. 336, § 8, operative July 1, 1990.