Oklahoma Governor Kevin Stitt has signed Senate Bill 480 into law, a measure aimed at supporting businesses in developing their own energy solutions. The bill, authored by Senator Grant Green and supported by Representative Boles, received bipartisan approval and is set to take effect on July 1.
According to the Oklahoma Senate release, the legislation is intended to encourage private investment by allowing companies to create and manage their own power infrastructure. This move comes in response to increasing electricity demands from advanced manufacturing and AI-related industries, such as data centers and processing facilities.
Senator Green, a Republican from Wellston, said the new law positions Oklahoma to accommodate the growing energy needs of businesses while maintaining the role of traditional electric utilities. He noted that Senate Bill 480 is designed to reduce regulatory barriers and support private-sector development.
The legislation is part of a broader strategy to support economic development by offering flexibility to companies looking to expand operations in Oklahoma.
