Ice Storm Sets New Record for OG&E Customer Outages
Company receiving assistance from contractors, utilities, tree crews
OKLAHOMA CITY, Dec. 12 /PRNewswire-FirstCall/ -- OGE Energy Corp. (NYSE: OGE) said today that its OG&E utility subsidiary is restoring service to more than 300,000 customers who lost power following the Oklahoma ice storm of Dec. 8-10, a new record outage total for the company in a single storm.
OG&E has more than 1,000 people in the field working on ice storm response, with OG&E employees assisted by contractors, utility personnel and tree crews from states including Texas, Arkansas, New Mexico, Louisiana, Mississippi and Indiana.
OG&E officials said they appreciate customers' patience as the company works to restore service as safely and quickly as possible.
The service restoration costs associated with the ice storm are expected to be significant, but will not have an immediate affect on customer rates or company earnings. In a rate order approved by the Oklahoma Corporation Commission in 2005, OG&E is allowed to book storm-related expenses related to Oklahoma as a regulatory asset to be reviewed for recovery in future rate cases.
OG&E serves more than 762,000 customers in a service area spanning 30,000 square miles in Oklahoma and western Arkansas. OGE Energy also is the parent company of Enogex Inc., a natural gas pipeline business with principal operations in Oklahoma.
SOURCE OGE Energy Corp.
CONTACT:
Brian Alford
+1-405-553-3187
financial
Todd Tidwell
+1-405-553-3966
both of OGE Energy Corp.