© 2024 KOSU
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations

Oklahoma Corporation Commission to consider historic OG&E rate hike

Matthew Henry
Power lines

A hearing was held Monday morning before an Oklahoma Corporation Commission Administrative Law Judge.

The judge heard public comments regarding Oklahoma Gas and Electric's request for a rate increase.

Various stakeholders, such as OG&E, Walmart Inc. and the Public Utility Division presented arguments to an administrative law judge. After the scheduled hearings, the judge will make a recommendation to three Corporation Commission members who will ultimately make the final decision.

OG&E is asking for a 6.6% rate increase. If approved, the average residential customer could pay as much as $19 more per month. This would be the third hike in customers’ bills since 2017.

The company originally sought a 13.85% increase but cut its request by more than half this week following a settlement between Corporation Commission’s Public Utility Division, the Oklahoma Attorney General, the Oklahoma Industrial Energy Consumers, Federal Executive Agencies, Association of Electric Cooperatives, OG&E Shareholders Association, Petroleum Alliance of Oklahoma, CMC Steel and Walmart Inc.

AARP is one of the biggest opponents of the increase because it would increase financial stress for Oklahomans living on fixed incomes.

“Oklahomans should not have to choose between buying prescription drugs, putting food on the table, or keeping the lights on and staying warm,” according to an AARP press release.

While AARP did not sign the agreement, lowering the requested rate hike, they did not oppose it either.

The Corporation Commission will meet on Tuesday and Thursday for the final two hearings. The commissioners’ final decision has no set date.

* indicates required

Corrected: June 18, 2024 at 6:22 PM CDT
An earlier version of this story described a Corporation Commission hearing before an Administrative Law Judge as a commission meeting. That has been changed.
Anusha Fathepure is a summer intern at KOSU as part of the Inasmuch Foundation's Community Fellowship Class.
KOSU is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.
Related Content