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Oklahoma

Oklahoma

Incentives/Policies for Renewables & Efficiency

Printable Version
Renewable Energy Goal   

Last DSIRE Review: 08/12/2014
Program Overview:
State: Oklahoma
Incentive Type: Renewables Portfolio Standard
Eligible Efficiency Technologies: Unspecified Technologies
Eligible Renewable/Other Technologies: Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Municipal Solid Waste, Anaerobic Digestion, Small Hydroelectric, Fuel Cells using Renewable Fuels, Other Distributed Generation Technologies
Applicable Sectors: Utility
Standard:Goal: 15% by 2015
Credit Trading:No
Web Site: http://www.occeweb.com/pu/puregelectric.htm
Authority 1:
Date Enacted:
Date Effective:
17 Okl. St. ยง 801.1, et seq.
5/27/2010
11/1/2010
Summary:

In May 2010 the Oklahoma Energy Security Act (H.B. 3028) established a renewable energy goal for electric utilities operating in the state. The goal calls for 15% of the total installed generation capacity in Oklahoma to be derived from renewable sources by 2015. There are no interim targets, and the goal does not extend past 2015. The Oklahoma Corporation Commission reported that 17.3% (3,779 megawatts) of installed capacity came from eligible renewable energy resources in 2012.

Eligible Technologies

Eligible renewable energy resources include wind, solar, hydropower, hydrogen, geothermal, biomass, and other renewable energy resources approved by the Oklahoma Corporation Commission (OCC). Energy efficiency and demand-side management may be used to meet up to 25% of the overall 15% renewable energy goal.

Compliance

Unlike the renewables portfolio standards adopted by other states, which require utilities to retire renewable energy credits (RECs) to demonstrate compliance, Oklahoma's law does not require utilities to purchase and retire RECs. Instead, each utility in Oklahoma that owns or operates electricity generation facilities must file a report with the OCC each year by March 1. The report must document the total installed capacity of all generation facilities, the number of kilowatt-hours (kWh) generated by each facility, and the energy source for each facility.


 
Contact:
  George Kiser
Oklahoma Corporation Commission
Public Utility Division
2201 N. Lincoln Boulevard
Oklahoma City, OK 73105
Phone: (405) 521-6878
Fax: (405) 522-3371
E-Mail: g.kiser@occemail.com
Web Site: http://www.occ.state.ok.us
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.