- Associated Press - Friday, June 30, 2017

TULSA, Okla. (AP) - Public Service Company of Oklahoma has filed a rate increase request that would raise the average residential customer’s monthly bill by $14.

The request filed Friday with the Oklahoma Corporation Commission asks to raise rates by 11 percent, or $156 million, after the company spent more than $625 million on new infrastructure and other equipment and to comply with federal environmental regulations.

PSO says in a news release that current rates are based on costs from 2014 and 2015 and don’t include the recent investments.

PSO is the state’s second-largest power company with about 545,000 customers in eastern and southwestern Oklahoma.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide