Oklahoma Electric Utilities Comparison

Oklahoma enjoys low electricity rates and is a leader in wind energy development, with wind providing a significant portion of the state's generation.

Lowest Rates

OG&E

~11.5¢/kWh

Highest Rates

PSO

~12.2¢/kWh

Total Customers

1,450,000

across 2 utilities

Key Factors in Oklahoma

Key factors for Oklahoma include being a wind leader, having low rates, exposure to storms, and its status as an energy state.

Oklahoma Utilities by Rate

#1
OG&E (Oklahoma Gas & Electric)
Oklahoma City and central Oklahoma900,000

10-13¢/kWh

OGE Energy Corp. (investor-owned)

Advantages

  • Low electricity rates
  • Strong wind portfolio
  • Reliable service
  • Customer programs

Considerations

  • Summer heat challenges
  • Storm exposure
  • Limited competition
#2
PSO (Public Service Company of Oklahoma)
Tulsa and eastern Oklahoma550,000

11-14¢/kWh

American Electric Power (investor-owned)

Advantages

  • Growing renewable portfolio
  • Reliable service
  • Regional coverage

Considerations

  • Higher rates than OG&E
  • Coal transition

Key Factors in Oklahoma

Wind Leader

Oklahoma is a national leader in wind energy, which significantly contributes to its generation mix and helps keep rates competitive.

Low Rates

The state generally benefits from some of the lowest electricity costs in the nation, driven by abundant natural gas and wind resources.

Storm Exposure

Located in "Tornado Alley," Oklahoma's grid is vulnerable to severe weather, requiring robust infrastructure and storm-hardening measures.

Energy State

As a major producer of oil, natural gas, and wind power, the energy sector is a cornerstone of Oklahoma's economy and policy decisions.

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