AARP launches campaign urging Governor to veto SB998

While the author of the controversial Senate bill 998 contends it will result in lower electrical rates in Oklahoma, the AARP has come out urging Gov. Kevin Stitt to veto it.

The bill won approval Tuesday in the state House and was sent to the governor but the AARP immediately labeled it as a “utility power grab” that will hit Oklahoma customers with higher electric bills.

“This bill forces customers like you to fund the utility companies’ new power generation projects upfront, saddling us with rate hikes and risks while the utilities reap big profits. It also lets utilities bypass Oklahoma Corporation Commission oversight, removing key protections and allowing unchecked spending that will drive rates even higher,” declared the organization as it came out attacking Rep. Trey Caldwell’s bill.

AARP launches campaign urging Governor to veto SB998 - Oklahoma Energy Today