Public Service Co. of Oklahoma wants permission to build a $4,500,000,000.00 wind farm and the utility is pushing for a quick answer from the Oklahoma Corporation Commission.
PSO claims a quick approval is needed for the company to take advantage of federal tax credits for wind farms. The Trump Administration is planning on cutting back on the liberal policies of the Obama Administration concerning public funding for private energy firms.
PSO filed an application asking for preapproval to recover PSO’s share of costs from the Wind Catcher project in the Oklahoma Panhandle when it goes in service by the end of 2020. PSO wants a decision from the Oklahoma Corporation Commission by March 31, 2018.
PSO expects to get “100 percent production tax credits” under federal law and officials claim that it will eventually save customers money.