Oklahoma Energy Data
See how utility rates, kilowatt-hour pricing, OG&E and PSO filings, and rising power costs shape the solar payback math for Oklahoma homes.
Current Rates
One-year price shock
June 2021 to June 2022, all-sector EIA data
Residential increase since 2020
10.12¢ to 13.12¢ annual average
OG&E + PSO Uri bonds
$2.89B statewide across four utility securitizations
PSO adjustment in effect
Effective July 1, 2026; subject to refund
Sources: EIA annual Oklahoma profile, EIA electricity price and bill tables, OCC securitization reports, PSO rate filing page
If you are trying to benchmark the average electric bill in Oklahoma, start with two things: the average electricity rate in cents per kilowatt hour and the way OG&E or PSO layers fuel, storm, and base-rate charges on top of household usage.
Here is the part that matters. Rates already proved they can jump hard. And even after that spike, Oklahoma's average residential electric baseline never went back to where it was in 2020. Smart thermostats and efficiency help, but the utility rate itself still does the heavy lifting on your monthly bill.
Case status checked October 5, 2026
OG&E filed case PUD2026-000067 on September 30. Its testimony requests approximately $395 million in additional annual Oklahoma retail revenue and estimates $23.88 more per month for the average residential customer. These are requested figures, not an approved increase. The filing itself did not change rates.
OG&E anticipates a spring 2027 public hearing. Check the case record for scheduled proceedings and any order before treating a proposed tariff as effective. Fuel adjustments and the separate large-load tariff proceeding are outside this request.
Read the filed testimony, page 3, OG&E's rate-review explanation, and our guide to the proposal and solar savings.
Average bill benchmark
The useful benchmark is not one bill number. It is monthly kWh usage multiplied by the current Oklahoma electric rate, then adjusted for fixed charges, fuel riders, storm bonds, and utility-specific filings.
OG&E rate search
When people ask for OG&E cost per kWh, they are usually trying to explain why the full bill moved. Energy charges matter, but the bill stack can also include fuel adjustments, securitization charges, base-rate changes, and fixed monthly fees.
PSO / OG&E filings
For OG&E and PSO customers, rate-case timing matters because approved infrastructure, fuel, and storm-recovery costs can show up as recurring monthly charges long after the original event or project.
The Trend
Data: U.S. Energy Information Administration. Oklahoma statewide residential annual average price, cents per kWh.
Year by Year
The annual trend tells you where rates settled. The 2021 to 2022 shock tells you why so many people felt blindsided.
On the residential annual average, Oklahoma went up 8.8%, then 12.3%, dipped in 2023, and climbed again in 2024 and 2025. That is the cleaner long-view chart.
But the shock people remember was faster than that. In the separate all-sector monthly EIA series, Oklahoma went from the cheapest state in June 2021 to the 18th cheapest in June 2022. That is the 49% spike people were talking about.
OG&E
This is what the statewide graph hides. OG&E customers did not get hit by one clean percentage. They got hit by charge after charge landing on the same bill.
Between March 2022 and January 2023, OG&E customers saw fuel, rate-case, and securitization charges stack onto the same bill in quick succession. That same year, OG&E reported $439.5 million in net income.
+$8.11/month. Interim fuel factor adjustment passed through to customers.
+$2.07/month. OG&E requested $163.5M, OCC approved $30M settlement (3-0 vote).
+$3.34/month for 28 years. $761.6M in securitized storm costs. Originally estimated at $2.12/month but rose due to interest rate increases.
+$9.73/month for 24 months. OG&E implemented this unilaterally while an OCC investigation was pending. AARP intervened.
+$5.46/month for 21 months. To collect fuel costs incurred through December 2022.
$28.71 per month added in less than a year.
That stack combined fuel adjustments, a base-rate increase, and securitized storm charges into one fast-moving run of bill pressure.
Source: AARP Oklahoma, News9
The Record
Serves ~900,000 customers in central and western Oklahoma. Additional riders and fees can affect your bill.
| Year | Requested | Approved | Type | Monthly Impact |
|---|---|---|---|---|
| 2002 | OCC-initiated | -$25.0M | Decrease | Reduced bills |
| 2005 | $89M | $42.3M | Increase | ~$3-5/mo |
| 2009 | $110M | ~$48M | Increase | ~-$0.63/mo |
| 2012 | $73.3M | $4.3M | Increase | Minimal |
| 2017 | $92.5M | $8.9M | Increase | ~$0.71/mo |
| 2018 | OCC/AG-initiated | -$64M | Decrease | ~-$4.40/mo + one-time credit |
| 2022 | $163.5M | $30M | Increase | ~$2.07/mo |
| 2024 | $332.5M | $126.6M | Increase | ~$9.58/mo (6.6%) |
| 2026 request | ~$395M filed Sept. 30 | Not approved | Proposed increase | ~$23.88/mo proposed average |
Serves ~580,000 customers in eastern Oklahoma. Additional riders and fees can affect your bill.
| Year | Requested | Approved | Type | Monthly Impact |
|---|---|---|---|---|
| 2019 | $88M | $46M | Increase | ~$2.38/mo |
| 2021 | $172M | $50.7M | Increase | ~$5.07/mo |
| 2023 | $294.5M | $131.2M | Increase | ~$5.35/mo |
| 2025 | $218M initial filing | $119.5M | Increase | ~$12/mo interim rate |
| 2026 | $299M net annual request | Final order pending | Interim since July 1; subject to refund | 8.95% of residential base-rate charges |
The PSO interim tariff, sheet 78-1 applies the residential adjustment to base-rate charges, excluding fuel and other riders. It is subject to refund. The OCC's October 1 agenda listed further review of the case. As of October 5, case PUD2025-000075 remains pending a final order.
For OG&E's earlier case, the $332.54 million request and $126.66 million approved increase were stages of the same proceeding. The OCC affirmed those interim rates in March 2025; that affirmation was not another new increase.
The Hidden Cost
The 2021 storm did not show up as one giant bill and disappear. It got converted into long-term bond charges, which means OG&E and PSO customers are still paying for that event every month.
During two weeks in February 2021, natural gas spot prices spiked from ~$3 to over $1,200 per unit. Oklahoma utilities incurred billions in emergency fuel costs. Without securitization, PSO estimated a one-time charge of $476 for the average residential customer.
OG&E and PSO together securitized about $1.46 billion. Statewide across four Oklahoma utility securitizations, the total principal is about $2.89 billion.
| Utility | Monthly charge | Bond term | How it shows up |
|---|---|---|---|
| OG&E | ~$3.34/month | 28 years | Winter Event Securitization (WES) |
| PSO | ~$4.06/month | 20 years | Winter Storm Cost Recovery Rider |
State legislators have filed multiple Supreme Court appeals over storm bonds, fuel charges, and later rate orders. Those challenges span statewide totals well beyond just the OG&E and PSO amounts shown in the table above.
The Projection
This projection starts at roughly $144 a month and assumes 5% annual rate growth.
Cumulative electricity cost
2025-2050 at 5% annual growth
Monthly bill by 2040
1,100 kWh at projected rate
Monthly bill by 2050
1,100 kWh at projected rate
Projection assumes 5% annual rate growth (conservative vs the actual 5.3% CAGR from 2020-2025) and 1,100 kWh monthly consumption. Actual rates depend on OCC rulings, fuel costs, and legislative action.
Data center construction is a major driver of future rate increases. See every data center project in Oklahoma.
Next Step
Compare your recent usage, roof, electrical scope and financing before choosing solar.
Start with the installation scope
Review panel sizing, utility interconnection, hail exposure and battery requirements before asking for pricing.
Review solar installationGet a modeled estimate
Use your address, average electric bill, and utility provider to compare estimated system size, pricing and savings for your home.
Free Instant ProposalCompare financing assumptions
If utility-rate pressure is pushing you toward solar, compare cash price, loan fees, interest rate, batteries, panel upgrades and export-credit assumptions before you compare payment quotes.
Compare Oklahoma solar financingThe Comparison
Publicly reported Oklahoma electric bills.
Without Solar
"$480 past two months. Last year $250 in same conditions."
"Highest bill in '20-21: $300. This year: $400. Using less energy."
"August 2018: $170. This August: $345. Same house."
With Solar
"Last month was $23.96. Thanks to the sun."
"$15. 100% electric house with solar panels."
"We went solar. Electric bill is $13. We are generating equity, not throwing money into a giant OG&E pit."
Publicly reported bill examples. Individual results vary by system size, usage, and rate plan.
"It shouldn't be a choice to pay my PSO bill or eat."
Jearl from Allen, OK. AARP Oklahoma testimony
"My utilities are presently 37% of my Social Security check."
Terry from Miami, OK. AARP Oklahoma testimony
Rate data and case figures: public records, utility filings and EIA datasets. Resident bill examples and testimony: public reports and AARP. OG&E and PSO case status checked October 5, 2026. Historical statistics retain their stated periods.
Common Questions
Read next: see six months of real hourly solar production · why rising utility bills change solar savings · how OG&E and PSO net billing affects system design
MODEL YOUR ENERGY COSTS
Compare what you pay today with a solar proposal based on your home and electricity use.
