SECTION 165:45-11-43. Equalized Monthly Payment Plan (EMP)

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(a) Each utility shall offer to its residential consumers the option of being billed on an Equalized (Average, Budget, Equal, Levelized, etc.) Monthly Payment Plan. Each utility's plan shall be submitted to the Commission for approval and shall then become a part of that utility's approved tariffs.
(b) At least once a year, and consistent with OAC 165:45-11-4(b) above, the utility shall give written notice to its residential consumers of the availability of an Equalized Monthly Payment Plan.

[Source: Added at 13 Ok Reg 3259, eff 7-25-96; Amended at 19 Ok Reg 1977, eff 7-1-02]

                    
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