Back and forth they went, the Oklahoma Corporation Commission and OGE.Finally, the two parties settled things, and it seems to be final.WATCH: Corporation Commission, OGE finally settle matters Corporation Commission, OGE finall y settle mattersHeres the long and short of it.OGE wants to build more infrastructure on Horseshoe Lake, to increase capacity.The catch: OGE wanted a funding boost, through a special provision in Oklahoma law, called Construction While in Progress (CWIP). The plan was to raise rates, to more quickly pay down the construction, claiming customers would save $176 million in interest.Commissioner Todd Hiett was not convinced.I cant imagine. The math is so absolutely clear that CWIP treatment is a detriment to rate payers. Where they if they, enjoy any savings at all, its going to be 25 years and beyond, before they get that savings. Those customers may not be customers, they may not be alive. These businesses may not be alive, Hiett said during a commission meeting.No permission for the provision. No rate hikes, though, the project itself is moving forward, despite a request from AAPR and the Oklahoma Industrial Energy Consumers to reopen the case.Weve got enough information that we dont want to rehash any of this anymore, Commissioner Brian Bingman said during a commission meeting.Hiett, for one, is opposed to the project on the whole, as it stands.Horsehoe Lake was not the lowest cost alternative that OGE had at its disposal.LOOKING BACK>>> Derek Rogers, of Ryan Mfg., originally alerted KJRH to the storyStatement from OGE Vice President of Marketing and Communications Christi Woodworth We are pleased the Oklahoma Corporation Commission affirmed its order from November 13. While every party has the right to request a reconsideration, in this case, all commissioners recognized the need for these projects and addressed concerns by OIEC and AARP in their original order.OGE looks forward to bringing this new generation that will provide reliable electricity at low costs to all of our customers. These projects do not fully meet the future capacity needs projected in our 2025 Integrated Resource Plan, and we continue to negotiate additional projects to meet those needs.OGE customers depend on us to provide them with reliable electricity at low costs. We will continue to prioritize and balance reliability and affordability to ensure our customers can live their lives and run their businesses uninterrupted.Stay in touch with us anytime, anywhere -- 2 News Oklahoma on your schedule | Download on your TV, watch for free. How to watch on your streaming device Download our free app for Apple, Android and Kindle devices. Like us on Facebook Follow us on Instagram Watch LIVE 24/7 on YouTube ...read more read less