Oklahoma Electricity Rates: OG&E and PSO Compared

Oklahoma Electricity Rates: OG&E and PSO Compared

Oklahoma is served primarily by two major utilities: Oklahoma Gas & Electric (OG&E) and Public Service Company of Oklahoma (PSO). Here's how they compare.

Oklahoma Utilities

Oklahoma Gas & Electric (OG&E)

Service area: Oklahoma City metro, central Oklahoma

Customers: ~880,000

Average rate: ~10.2 cents/kWh

Public Service Company of Oklahoma (PSO)

Service area: Tulsa metro, eastern Oklahoma

Customers: ~560,000

Average rate: ~11.5 cents/kWh

Rate Comparison

| Utility | Avg. Rate | Base Charge | TOU Available |

|---------|-----------|-------------|---------------|

| OG&E | 10.2¢ | $13.00 | Yes |

| PSO | 11.5¢ | $14.50 | Yes |

Available Rate Plans

OG&E SmartHours

A time-of-use program with significant savings potential.

Structure:

• Standard rate most hours
• Variable peak pricing (2-7 PM, June-September)
• Smart thermostat integration available

Potential savings: 20-30% for participants who reduce peak usage.

PSO Time-of-Use

Structure:

• Off-peak: ~8 cents/kWh
• On-peak: ~16 cents/kWh

Oklahoma Rate Trends

Oklahoma rates have increased approximately 3.2% year-over-year, driven by:

• Wind energy integration costs
• Grid modernization
• Fuel cost adjustments

Key Takeaways

• OG&E offers lower rates than PSO
• SmartHours program can save 20-30% for engaged customers
• Oklahoma rates are well below the national average
• Use Utility Check to optimize your rate plan — view pricing