Alva Review-Courier -

PSO seeks $88 million electricity rate increase in Oklahoma


September 27, 2018

TULSA, Okla. (AP) — Oklahoma's second largest electricity provider says it's seeking an $88 million rate increase to upgrade aging infrastructure and become more efficient.

Public Service Company of Oklahoma asked the Oklahoma Corporation Commission on Wednesday to authorize a rate increase to replace and upgrade infrastructure and invest in new technology to improve reliability and efficiency. PSO says the rate increase would amount to about $7 per month for a typical residential customer.

PSO also says it's adopting a performance-based rate plan to lower electricity costs for most of th...

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