By Ben Morgan and FOX23.com News Staff
OKLAHOMA — Public Service Company of Oklahoma (PSO) has filed a rate review with the Oklahoma Corporation Commission that would lead to a rate increase for residential customers.
If the request is approved, residential customers using 1,100 kWh per month would see an increase of around $25, or 15 percent, by July.
PSO has proposed special terms and conditions for new large customers to ensure they pay full costs to connect to the grid as Oklahoma attracts investments and economic growth. These new terms prevent cost shifting and maintain grid reliability, while enabling PSO to serve new large loads responsibly and sustainably.
PSO said the request reflects investments already in place and ensures PSO can meet Oklahoma’s growing energy needs through grid updates, advanced technologies, and smart tools that reduce outages, speed restoration, and provide accurate billing and real-time alerts.
PSO said its vegetation management program has cut tree-related outages by 91 percent, while the Grid Enhancement and Resiliency (GEAR) program has saved more than 144 million customer minutes of service interruption since 2020 through automation and smart reclosures.
Additional investments in pole replacements, undergrounding lines, and advanced metering improve safety and communication with customers on outage restoration efforts, PSO said.
PSO shared a statement on the rate increase that says in part:
“PSO understands affordability matters for every family and business it serves. Through smarter grid investments, energy efficiency programs, and bill payment assistance, PSO remains committed to delivering long term value and supporting communities.”
You can learn more about PSO by clicking here.
