OG&E proposing major bill changes

Posted at 11:27 AM, May 01, 2016
and last updated 2016-05-01 16:19:28-04

OKLAHOMA CITY (AP) -- Billing changes proposed in a rate case filed by Oklahoma Gas and Electric Co. could double the standard residential customer charge and lower winter electricity prices.

The Oklahoman reports that the $92.5 million case goes before an administrative law judge beginning Tuesday at a hearing at the Oklahoma Corporation Commission. Testimony could last several weeks.

If fully implemented, OG&E's plan could hike residential bills by $7.22 per month. OG&E says lower natural gas prices already passed along to customers mean an increase of about 47 cents per month on the bills of typical residential customers.

The rate increase is designed to recover investments made by OG&E since its last rate increase in 2012. OG&E is Oklahoma's largest electric utility with more than 800,000 customers in Oklahoma and western Arkansas.

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