§ 52-181.1. - Annual fee assessed on investor-owned utility or rural electric cooperatives.
(a) Pursuant to the authority granted municipalities pursuant to Section 158.43 of Title 17 of the Oklahoma Statutes, the City does hereby assess an annual fee upon all investor-owned utilities and rural electric cooperatives that have entered into an agreement approved by the Oklahoma Corporation Commission with another retail electric supplier within an "affected area" of the City or that have been assigned territory by the Oklahoma Corporation Commission pursuant to Section 158.43 of Title 17 of the Oklahoma Statutes.
(b) The annual fee assessed by Subsection (a) of this section shall be remitted to the City beginning 30 days after the effective date of this ordinance.
(c) The annual fee assessed by Subsection (a) of this section is hereby set at 5.125 percent of gross proceeds or gross receipts of each investor-owned utility or rural electric cooperative to which it applies.
(d) Pursuant to Section 158.43 of Title 17 of the Oklahoma Statutes, the annual fee assessed by Subsection (a) of this section shall be collected from the customers of all retail electric suppliers on the gross receipts from all retail sales made within the "affected area" within the municipal corporate limits and shall be remitted by the retail electric suppliers to the City.
(e) For purposes of this subsection, "affected area" means an area located within the Oklahoma City limits, which as a result of annexation, has two or more retail electric suppliers, excluding the Grand River Dam Authority but including investor-owned utilities, rural electric cooperatives, municipalities that provide electricity either directly or through a trust authority, or other political entity and any other retail supplier of electricity, that have been authorized to serve consumers in that annexed area.
(Ord. No. 23898, § 1, 7-21-09; Ord. No. 26072, § 1, 1-2-19)
