PSO files for rate increase

Story Comments Share

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.

Story Comments Share

1 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

The views expressed here do not necessarily represent those of KOKI FOX23 - Tulsa

Mayor Maynot - 1/17/2014 12:51 PM
0 Votes
Inflation due to a doomed economy based on that greasy slippery pit of petroleum.
FOX23 Weather Center
Feels Like: 61°
High: 78° | Low: 48°
Top Stories
Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.