Alva Review-Courier -

Oklahoma regulators agree to $46 million rate hike for PSO

 

March 15, 2019



OKLAHOMA CITY (AP) — Oklahoma regulators have approved a $46 million annual rate increase for the state's second largest electrical utility.

The three-member Oklahoma Corporation Commission voted unanimously Thursday to approve the hike for Public Service Company of Oklahoma, which serves about 550,000 electrical customers in eastern and southwestern Oklahoma.

Under the $46 million agreement, the average residential customer will pay about $2.38 more per month for electrical service. PSO originally requested an $88 million rate hike, which would have increased residential rates an average...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019