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May 22, 2015 11:05 PM ET

Electric Utilities

Company Overview of Oklahoma Gas and Electric Company

Company Overview

Oklahoma Gas and Electric Company generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. The company owns and operates coal-fired, natural gas-fired, and wind-powered generating facilities. As of December 31, 2013, it owned and operated an interconnected electric generation, transmission, and distribution system, which included 12 generating stations with an aggregate capability of 6,785 megawatts. The company’s transmission system comprised 51 substations with a total capacity of 12.0 million kilovolt-amps (kVA) and 4,589 structure miles of lines in Oklahoma; and 7 substations with a total capacity of 2.4 million kVA and 278 structure miles of lines i...

321 North Harvey

PO Box 321

Oklahoma City, OK 73101

United States

Founded in 1902

1,884 Employees

Phone:

405-553-3000

Key Executives for Oklahoma Gas and Electric Company

Chairman, Chief Executive Officer, Chairman of OGE Energy and Chief Executive Officer of OGE Energy
Age: 60
President
Age: 46
Chief Financial Officer
Age: 49
Chief Operating Officer
Age: 52
Chief Accounting Officer, Controller, Chief Accounting Officer of OGE Energy Corp and Controller of OGE Energy Corp
Age: 56
Compensation as of Fiscal Year 2014.

Oklahoma Gas and Electric Company Key Developments

Oklahoma Gas and Electric Co. Intends to Pass on $4.3 Million Wind Legal Settlement

Oklahoma Gas and Electric Co. wants consumers to pay $4.3 million in extra fuel charges on their bills as part of a legal settlement over charges of wind curtailment at a project in Woodward County. In 2030, CPV Keenan has a 20-year power purchase agreement with OG&E at its 152MW wind farm that expires. In August 2013, the firm filed a lawsuit against OG&E, claiming utility did not pay it for curtailment charges when wind farm was in operation but transmission issues caused it not to be able to push electricity out to the grid. The company said in a legal filing, Beginning shortly after the wind farm began operations in late 2010, OG&E repeatedly curtailed the delivery of energy from the Keenan Wind Farm. When CPV invoiced OG&E for the curtailed energy, OG&E refused to pay.

Oklahoma Gas and Electric Company, 2014 Earnings Call, Feb 26, 2015

Oklahoma Gas and Electric Company, 2014 Earnings Call, Feb 26, 2015

E. Keith Mitchell Joins Oklahoma Gas and Electric Company as Chief Operating Officer

E. Keith Mitchell, Executive Vice President and Chief Operating Officer of Enable GP, LLC, the general partner of Enable Midstream Partners, LP notified the partnership on January 6, 2015, that he is resigning effective January 31, 2015 to become Chief Operating Officer of Oklahoma Gas and Electric Company.

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