Oklahoma Administrative Code › Title 165 - Corporation Commission › Chapter 50 - Fuel, Purchased Gas, and Purchased Power Adjustment Clauses › Subchapter 1 - General Provisions › Section 165:50-1-2 - Definitions

Current through Vol. 41, No. 20, July 1, 2024
The following words and terms, when used in this Chapter,
				  shall have the following meaning, unless the context clearly indicates
				  otherwise:
"Act"
means 17 O.S. 1977 Supp. §§
				  250-64 and as it may hereafter be amended.
"Affiliate," "affiliated person," "corporation,"
				  "firm,"
or
"subsidiary"
means any person, subsidiary, firm,
				  or corporation which is controlled by an entity that also controls the utility,
				  or the utility or an entity controlling the utility has directly or indirectly
				  the power to control.
"Commission"
shall mean or refer to the Oklahoma
				  Corporation Commission.
"Electric distribution cooperative"
means a
				  cooperative corporation organized and doing business under the Rural Electric
				  Cooperative Act, 18 O.S. 1971, §
									§ 437-437.30, engaged in the retail
				  distribution of electric energy.
"Electric generation cooperative"
means a
				  cooperative corporation organized and doing business under the Rural Electric
				  Cooperative Act, 18 O.S. 1971, §
									§ 437-437.30 engaged in the
				  generation and distribution for resale of electric energy.
"Emergency sales of gas"
means sales of natural
				  gas made by a public utility or subsidiary thereof to one or more interstate
				  pipelines or other out-of-state customer pursuant to federal law which exempts
				  such transactions from the jurisdiction of the Federal Power Commission.
"Fair field price"
means the value attributed to
				  gas produced from wells owned by a public utility, or a subsidiary, or
				  affiliate of a public utility, which shall be the going price paid by the
				  utility, subsidiary, or affiliate to others in the field where such production
				  is located. If the utility, subsidiary, or affiliate is not purchasing gas in
				  such field, then such value shall be the price paid by the utility, subsidiary,
				  or affiliate in the nearest field where conditions are similar. The value to be
				  attributed to residue gas owned by a public utility, or a subsidiary, or
				  affiliate of a public utility, from gas processing plants shall be the going
				  price paid by the utility, subsidiary, or affiliate to others from the same
				  plant. If the utility, subsidiary, or affiliate is not purchasing gas from said
				  plant, then the value shall be the price paid by the utility, subsidiary, or
				  affiliate at the nearest plant where conditions are similar. However, the
				  Commission may require an adjustment of the fair field price when it deems it
				  proper to do so based on information before it.
"Fuel adjustment clause"
means any mechanism
				  which allows a public utility or electric generating cooperative to
				  automatically adjust its charges above or below the base amount included in its
				  rates, based upon changes in costs of fuel for generation of electricity,
				  purchased power, or purchased gas, and shall include purchased gas adjustment
				  clauses.
"Heat rate"
means a measure of the efficiency of
				  an electric generating station, computed by dividing the total British thermal
				  unit content of the fuel burned by the resulting net kilowatt-hours generated.
"Line loss"
means the kilowatt-hours of
				  electricity lost in the operation of an electric transmission or distribution
				  system.
"Public utility"
or
"utility"
means
				  any individual, firm, association, partnership, corporation, or any combination
				  thereof, other than a municipal corporation or their lessees, trustees and
				  receivers, owning or operating for compensation in this state equipment or
				  facilities for producing, generating, transmitting, distributing, selling, or
				  furnishing electricity, or transmitting, directly or indirectly, or
				  distributing combustible hydrocarbon natural or synthetic natural gas for sale
				  to the public or for wholesale, unless its wholesale rates are regulated by a
				  federal agency.
"PUD"
means the Public Utility Division of the
				  Oklahoma Corporation Commission.
"Purchased gas adjustment clause"
means fuel
				  adjustment clause which allows a public utility to automatically adjust its
				  charges above or below the base amount included in its rates, based upon
				  changes in the cost of purchased gas.
"Purchased power adjustment clause"
means any
				  mechanism which allows an electric public utility or electric distribution
				  cooperative to adjust its charges above or below the base amount included in
				  its rates based upon changes in costs of wholesale power purchased from others.
"Thousand cubic feet"
or
"Mcf"
means that quantity of gas occupying one thousand cubic feet of space at 60
				  degrees Fahrenheit (60° F) and an absolute pressure as stated in the
				  utility's tariffs.