Corporation Commission; requiring submission of information regarding certain technology usage. Effective date.

SB 610 amends Oklahoma law to change how electric utilities regulated by the Corporation Commission recover costs for specific investments. It establishes that transmission upgrade costs (especially for wind generation projects approved by the Southwest Power Pool) and capital expenditures for environmental compliance (like the Clean Air Act) are presumed recoverable through rate adjustments, subject to Commission review. Utilities must submit detailed information about these projects, including grid technology usage, when applying for cost recovery. The bill also creates a new process for approving new power plants or long-term energy contracts, requiring the Commission to act within 240 days. This directly affects Oklahoma electric utilities seeking to recover infrastructure and compliance costs from ratepayers.