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Utility Customers Could See Rate Increase

Posted on 04/30/23 by The AARP Bulletin

More than half a million Oklahoma residents could see their monthly electricity bills rise under a proposed rate increase by the Public Service Company of Oklahoma.

Under the proposal, the average PSO residential customer who uses 1,100 kilowatt-hours per month would see an increase of about $14.11, or 10 percent, a month, according to the utility. If approved, it would be the third rate increase by PSO since December 2021.

PSO says the increase is needed to help pay for infrastructure improvements. AARP Oklahoma opposes the rate hike, noting that older Oklahomans on fixed incomes already struggle to afford higher costs for food, health care and prescription drugs.

The Oklahoma Corporation Commission, a state regulatory agency, is considering the proposal. Go to action.aarp.org/No2PSO to voice your opinion on the rate hike request.

This story is provided by AARP Oklahoma. Visit the AARP Oklahoma page for more news, events, and programs affecting retirement, health care, and more.

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