Tuesday, June 19th 2018, 12:33 pm
The Oklahoma Corporation Commission voted to approve the settlement in the Oklahoma Gas & Electric rate case. The settlement calls for a $64 million rate reduction and an $18.5 million tax refund.
OG&E customers will receive a one-time refund as a result of the federal corporation income tax cut. Residential OG&E customers will see an average approximate reduction of $18.71 on their July bills. Each subsequent month, the average savings for a standard residential customer will be approximately $4.40.
6/13/2018 Related Story: AG Hunter Announces Largest Rate Reduction For OG&E Customers
“The timing of this couldn’t be better, as the savings will begin at a time when electric bills are the highest because of the summer heat," said Commission Chairman Dana Murphy.
June 19th, 2018
November 13th, 2024
October 28th, 2024
October 17th, 2024
December 24th, 2024
December 24th, 2024
December 24th, 2024
December 24th, 2024