Constantine's questions to OGE Energy Corp (OGE) leadership • Q1 2025
Question
Constantine asked about the potential impact of tariffs on the company's new generation RFP and CapEx plan, the reasons for lower industrial load growth, and the likelihood of implementing a formula rate plan in Oklahoma.
Answer
Chairman, President and CEO R. Trauschke stated that the company has secured key components like transformers through 2026, anticipating little to no disruption to the current CapEx plan. CFO and Treasurer Charles Walworth explained that the softness in the industrial class was due to transitory events like maintenance outages and that the company remains confident in its annual forecast. R. Trauschke added that while they will continue to pursue a formula rate, it is a longer-term objective.