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OGE Energy Corp (Holding Co) (OGE) Q1 2021 Earnings Call Transcript

Operator Good day and thank you for standing by. Welcome to First Quarter 2021 OGE Energy Earnings conference call [Operator Instructions] I would now like to turn the conference over to your host, Mr. Jason Bailey. Jason Bailey Director of investor relations Thank you, May, and good morning, everyone, and welcome to OGE Energy Corp.s First Quarter 2021 Earnings Call. Im Jason Bailey, Director of Investor Relations. And with me today, I have Sean Trauschke, Chairman, President and CEO of OGE Energy Corp.; and Bryan Buckler, CFO of OGE Energy Corp. In terms of the call today, we will first hear from Sean, followed by an explanation from Bryan of first quarter results. And finally, as always, we will answer your questions. Id like to remind you that this conference is being webcast and you may follow along on our website at ogeenergy.com. In addition, the conference call and accompanying slides will be archived following the call on that same website. Before we begin the presen

OGE announces plan to double size of Choctaw Nation Solar Farm

Oklahoman Oklahoma Gas and Electric Co. s solar portfolio continues to heat up as it hones its focus on boosting its renewable energy assets. The utility, which serves about 850,000 customers across parts of Oklahoma and Texas, announced Wednesday it will double the size of the Choctaw Nation Solar Farm it operates in Durant. Operations at both the Choctaw farm and the Chickasaw farm near Davis are going well, said Jeff Wood, a lead account executive at OG&E. The utility is continuing to see growing demand for the technology as its portfolio of solar assets expands, Wood said earlier this year. 

OG&E announces 5-megawatt solar expansion at Choctaw Nation/OG&E Solar Energy Center in Durant, Oklahoma

Share this article Share this article OKLAHOMA CITY, April 21, 2021 /PRNewswire/  Oklahoma Gas and Electric (OG&E), a subsidiary of Oklahoma City-based OGE Energy Corp. (NYSE: OGE), announced today that it will expand its Choctaw Nation/OG&E Solar Energy Center in Durant, Oklahoma by an additional 5-megawatts (MW), bringing the total solar capacity to 10 MW. OG&E will construct, own and operate the additional 5MW expansion, which is expected to come online by the end of 2021. We are proud to continue our collaboration with the Choctaw Nation with this expansion of the Solar Energy Center in Durant, said OGE Energy Chairman, President and CEO Sean Trauschke. OG&E remains an industry leader in reducing its impact on the environment, while at the same time maintaining some of the lowest rates in the nation. With this addition, we continue to advance our popular customer driven renewable energy offerings.  

Oklahoma City civic group seeks answers about $4 5 billion in storm-related fuel costs

Oklahoma City civic group seeks answers about $4.5 billion in storm-related fuel costs Jack Money, Oklahoman © BRYAN TERRY/THE OKLAHOMAN Eric Jergensen, a member of VOICE OKC, wants to make sure unreasonable fuel costs from the recent winter storm are not passed on to consumers. Oklahoma City religious and community leaders are raising questions about how power providers plan to recover an estimated $4.5 billion spent on fuel during February s severe winter storm. Popular Searches Some legislators recently submitted plans to mitigate these costs over time, but leaders of the civic organization VOICE OKC want assurance the process won t pass unreasonable fuel costs on to consumers.

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