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Stock impact report

Oklahoma's data center boom is about to hit the grid — and your power bill [Yahoo! Finance]

OGE Energy Corp (OGE) 
Last oge energy corp earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Some will require enough electricity to power entire cities. Oklahoma's two largest utility companies are investing more than a billion dollars in new sources of power to keep up with demand and plan to pass on some of the cost to residential customers. The Frontier found at least 18 data center projects in the state that are either now under construction or awaiting government approvals . The newsroom used public announcements, land records, meeting agendas and air permit applications to compile that count. The state's two largest utilities, Oklahoma Gas and Electric and Public Service Company of Oklahoma, have said in regulatory filings that new demand from data centers and other industries will require more power than they can now produce. The utilities are already looking to pass the cost of new transmission lines and power generation on to all customers, including residential users. Though power prices are lower compared to the nation at large, Oklahoma residential customers Show less Read more
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