© 2023 KGOU
KGOU_Header_72dpi-01.jpg
News and Music for Oklahoma
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Public Service Company of Oklahoma proposes price increase

electrictylines.jpg
Matthew Henry
/
Unsplash

The Public Service Company of Oklahoma is proposing a price increase to pay for improvements to the electrical grid.

The average resident will see an increase of about $14 a month. PSO says it needs $173 million more revenue annually to update the power grid. It would use the money to expand its renewable energy fleet and bolster the grid so power outages are less frequent, shorter and smaller. PSO serves about 562,000 customers, the vast majority of whom live in the Tulsa area.

In a press release, PSO says it acknowledges the extra financial strain on families, but the extra costs will help protect customers long-term from the expensive fallout of disaster events.

This proposal comes on top ofanother one earlier this month, which asks for an increase of about $3.50 a month to cover purchasing renewable energy facilities. The state’s Corporation Commission will have to weigh in on the proposals before they can go forward.

StateImpact Oklahoma is a partnership of Oklahoma’s public radio stations which relies on contributions from readers and listeners to fulfill its mission of public service to Oklahoma and beyond. Donate online.

Beth reports on education topics for StateImpact Oklahoma.
StateImpact Oklahoma reports on education, health, environment, and the intersection of government and everyday Oklahomans. It's a reporting project and collaboration of KGOU, KOSU, KWGS and KCCU, with broadcasts heard on NPR Member stations.
More News
Support nonprofit, public service journalism you trust. Give now.