|Updated: 1/17 6:39 pm
||Published: 1/17 12:43 pm
Public Service Company of Oklahoma filed a base rate increase proposal at the Oklahoma Corporation Commission.
PSO recommended the increase be delayed until late 2014. The filing supports a 3.9 percent increase, which is about $45 million increase.
“This case includes PSO’s plan to provide advanced, digital metering infrastructure for all of our customers across the state, which provides more options and information for customers to manage their energy use,” said Stuart Solomon, PSO president and chief operating officer. “The case also reflects the significant investments PSO has made in its electric system infrastructure, totaling more than $500 million since 2010.”
If the rate changes requested are approved, the increase for a residential customer using 1,000 kilowatt-hours per month would amount to $3.97 per month. After the increase, PSO’s overall rates would be ten percent below the state average and 29 percent below the national average.