News from the Oklahoma Corporation Commission

Jim Palmer, Director of Information

Phone: (405) 522-2100, FAX: (405) 522-1623, www.occ.state.ok.us

June 6, 2001

NEWS ADVISORY

What’s the real status of Oklahoma’s electric system?

Prestigious lab presents first phase results of study on the Oklahoma electric system and the potential economic impact of electric restructuring in Oklahoma

What would electric restructuring (commonly called “deregulation”) mean for Oklahoman’s electric bills? How would it impact Oklahoma’s economy?

Specific answers to those questions will be discussed by the Oklahoma Corporation Commission Thursday, June 7, as the Oak Ridge National Laboratory presents the results of its phase I analysis of the likely economic impacts of electric restructuring in Oklahoma.

The presentation will be held as the Oklahoma Corporation Commission continues to work to insure that utility customers’ needs are being adequately met. In this mission, the OCC constantly examines resource planning efforts by regulated utilities and associated modeling tools to provide instructive future information.

WHERE: the main Commission Courtroom (301) on the third floor of the Jim Thorpe Building at 2101 N. Lincoln Blvd. in the Oklahoma State Capitol Complex.

WHEN: Thursday, June 7, 1:30 p.m.

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All Corporation Commission News Releases and advisories are available for review and downloading from the OCC web site at www.occ.state.ok.us