Drummond Thanks Corporation Commission for PSO Residential Rate Cap

Oklahoma Attorney General Gentner Drummond got what he wanted in the deal to raise rates for customers of the utility, Public Service Company of Oklahoma (PSO). The original decision by the Oklahoma Corporation Commission raised rates higher than what was negotiated by the Attorney General’s Office, AARP and the Corporation Commission. Drummond sent a letter to the Commissioners asking them to hold to what was negotiated.

The new order puts a 2.5 percent residential rate cap for customers. That will in effect take the new rates from $5.35 a month to $3.57 a month for the average residential customer.

“I commend each commissioner for standing with Oklahoma families in support of lower utility bills. I am grateful the commissioners thoughtfully considered our argument to protect PSO residential customers. Oklahoma families struggling with the effects of inflation deserve greater relief when it comes to utility costs, and today they received that relief. I look forward to working with the Commission on future rate cases to protect the interests of all ratepayers,” said Drummond.


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