February 9, 2024
In a recently filed request with the Oklahoma Corporation Commission, it was revealed that Public Service Company of Oklahoma is seeking another rate increase.
PSO services parts of western and south west Oklahoma.
According to the filing, PSO is seeking a $218 million rate hike which if approved, would bump residential customers rates by at least another 7% or $10 more a month.
Matthew A. Horeled, Vice President of Regulatory and Finance for PSO said in a statement that the power provider is seeking the approval in an attempt to continue to recover costs.
PSO officials say if the request is approved, the total impact on customer bills would be 11% while the residential customer’s impact would be $10 or 7% more a month.
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