TULSA, Okla. (AP) - Public Service Company of Oklahoma customers
will see their average bills rise by about $4 this summer, but the
utility says the reduced cost of natural gas kept the level of
PSO said Friday says the increase of $4.01 during the peak
months of June to October is due to the "fuel cost" portion of
The utility says that without the drop in natural gas prices,
average bills could have increased by $6.39 for customers who use
1,000 kilowatt-hours of electricity a month. Such customers now
will pay $94.21 per month.
Natural gas rose 4.7 cents Friday on the New York Mercantile
Exchange to settle at $4.341 per 1,000 cubic feet.
PSO spokesman Stan Whiteford says the fuel cost should return to
off-peak levels in November.
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