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Quick Take: As regular readers know, equitable cost recovery has emerged as a high profile issue in the eyes of regulators — so it seems like a very good idea to keep an eye on how they're ruling on cost recovery filings. Remember Xcel Energy and BG&E?
Oklahoma Gas & Electric (OG&E) has asked the Arkansas Public Service Commission for approval of a proposal to recover costs for smart meter and related smart grid technology installations in the utility's western Arkansas service area. The utility won approval from Oklahoma regulators earlier this year to expand its Oklahoma smart grid initiative following a successful pilot program, and has already begun installing smart meters and related smart grid technologies there. If regulators approve the utility's plan submitted Friday, OG&E intends to install about 70,000 smart meters and related technology in its Arkansas service area in the second half of 2011. "Smart technology benefits OG&E and our customers in a number of important areas," said Howard Motley, OG&E VP for regulatory affairs. "It supports reliability and shortens the duration of outages, and will provide customers with new tools to better manage their energy use. It also will help improve operating efficiency, which can translate into lower customer costs." The OG&E filing also identifies part of a $130 million ARRA stimulus grant it received that would be used to help reduce costs for Arkansas customers.
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