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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: December 8, 1999
Commission file number 1-12579
OGE ENERGY CORP.
(Exact name of registrant as specified in its charter)
Oklahoma 73-1481638
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
321 North Harvey
P. O. Box 321
Oklahoma City, Oklahoma 73101-0321
(Address of principal executive offices)
(Zip Code)
405-553-3000
(Registrant's telephone number, including area code)
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Item 5. Other Events
OKLAHOMA GAS & ELECTRIC COMPANY WITHDRAWS PERFORMANCE BASED
INCENTIVE PLAN
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OGE Energy Corp. announced, December 8, 1999, that its subsidiary, Oklahoma
Gas and Electric Company ("OG&E") has withdrawn its Performance Based Incentive
Plan, which was filed on July 15, 1999 with the Oklahoma Corporation Commission
("OCC").
The Performance Based Incentive Plan would have lowered OG&E's rates by
approximately $83 million during a 30-month transition to electric utility
deregulation and is discussed in the press release attached hereto as Exhibits
99.01.
Some of the matters discussed in this Form 8-K may contain forward-looking
statements of OGE Energy that are subject to certain risks, uncertainties and
assumptions. Actual results may vary materially. Factors that could cause actual
results to differ materially include, but are not limited to: general economic
conditions, including their impact on capital expenditures; business conditions
in the energy industry; competitive factors; unusual weather; regulatory
decisions and other risk factors listed in OGE Energy's Form 10-K for the year
ended December 31, 1998 and other factors described from time to time in OGE
Energy's reports to the Securities and Exchange Commission.
Item 7. (c) Exhibits
EXHIBIT NUMBER DESCRIPTION
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99.01 OGE Energy's press release dated December 8, 1999 announcing
Oklahoma Gas & Electric Company withdraws Performance Based
Incentive Plan, which was filed on July 15, 1999 with the
Oklahoma Corporation Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
OGE ENERGY CORP.
(Registrant)
By /s/ Donald R. Rowlett
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Donald R. Rowlett
Vice President and Controller
(On behalf of the registrant and in his capacity
as Vice President and Controller)
December 8, 1999
EXHIBIT INDEX
EXHIBIT INDEX DESCRIPTION
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99.01 OG&E Withdraws Performance Based Incentive Plan