Commissioners consider OG&E rate hike

OKLAHOMA CITY (AP) - The Oklahoma Corporation Commission plans to consider a $48 million rate hike for Oklahoma Gas & Electric Co.

The three-member commission meets Wednesday to consider a proposed agreement between OG&E, Attorney General Drew Edmondson's office, the commission's staff and intervening parties.

The utility's parent company, OGE Energy Corp., says the rate hike would result in a monthly increase of about $6 for the average residential customer. That would be offset by a reduction in monthly fuel costs resulting from lower natural gas prices.

OG&E, the state's largest utility, had requested a rate hike of a little more than $110 million. That would have raised average electric rates for OG&E's residential customers in the state by about $8 per month.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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  • by luckystrike07 Location: texoma on Jul 26, 2009 at 07:15 PM
    anybody know what would be an effective way to protest this rate hike?
  • by Jess on Jul 23, 2009 at 09:19 AM
    Ok, if I read the story right, they are asking for an increase because of a reduction of monthly fuel costs resulting from lower natural gas prices. So why are they needing to increase our electric bills? It seems like they are just trying to pinch people either one way or another. When one energy price is going down and giving people much needed relief at the wallet, here comes the corporate big wigs (since they aren't making any profit) saying we need to raise this other energy price so that we can "offset" the difference. They shouldn't have to "offset" or raise anything. It's not the customers fault that natural gas prices are lower.
  • by Bill Location: Ardmore on Jul 22, 2009 at 06:21 PM
    OG&E has done nothing but ask for raises for the last ten years. Over those ten years they have closed down local offices and laid off customer service personell, line crews and other employees while raising stock holder profits. The service they offer now is slim to none to be polite. They do not need or deserve another raise. They should use funds paid to stock holders and use it to provide service to their customers. If this raise is granted customer service will continue to decline and stock holder profits with continue to rise. Hopefully people like myself will begin to work to have new commissioners elected if they do approve another raise.
Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
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