OG&E seeking to raise utility rates for customers across the state
OKLAHOMA CITY – With summer just around the corner, some Oklahomans already have their air conditioning turned on in their homes.
As the temperatures rise, so do the electric bills for many Oklahomans across the state.
However, you may be paying even more if a proposal by OG&E is approved.
Recently, Oklahoma Gas & Electric told customers that it wanted to raise its utility rates, which would account for an extra $7.22 per month on the average residential customer’s bill.
Overall, the Norman Transcript reports that the company is asking for an annual increase of $92.5 million to “recover increased business costs and electric infrastructure investments” that were made since 2012.
The proposed increase must be approved by the Oklahoma Corporation Commission after it is heard by an administrative law judge.
The hearing will begin at 10 a.m. on May 3.
If the rate increase is approved, general service customers would see a 12.6 percent rate increase, according to the newspaper.