Fund us, please

Apparently OG&E doesn’t think an insert in the monthly bill is sufficient warning to the customers, so I got this in email:

Oklahoma Gas & Electric Company (“OG&E” or “Company”) is seeking an annual increase of approximately $76.6 million, which reflects a 4.4% increase over rates set in July of 2018, to recover increased business costs and electric infrastructure investments including costs associated with the Sooner Scrubber and the Muskogee Conversion projects.

The increase, as proposed by OG&E, would raise a residential customer’s bill by approximately 7.7% when compared to current rates. This equals about $7.55 per month on the average residential customer bill. As proposed by OG&E, General Service customers would receive a rate increase of 4.4%. For the industrial rate classes both Power and Light customers (PL) and Large Power and Light customers (LPL) would receive rate increases ranging from 4.6% to 9.8%.

The Oklahoma Corporation Commission (“Commission”) is scheduled to begin hearings before an Administrative Law Judge on OG&E’s request for a rate increase on May 29, 2019, at 8:30 a.m., and continuing each business day thereafter until the hearing concludes, in Courtroom 301 on the 3rd floor of the Jim Thorpe Office Building, 2101 North Lincoln Boulevard, Oklahoma City, Oklahoma 73105. After the hearing, the Commission will issue its final order and any rate changes will become effective after the final decision is issued.

The only really bothersome aspect of this is the timing: if the hearing is right after Memorial Day, the increase, or whatever percentage the Corp Comm allows, will hit in mid-summer.

3 comments »

  1. fillyjonk »

    11 April 2019 · 3:09 pm

    The timing of that seems like a feature rather than a bug….for OG and E, I mean, not us air-conditioning-dependent folks

  2. CGHill »

    11 April 2019 · 6:02 pm

    It’s not like the Corp Comm would have told them “Some other time, Bunkie.”

  3. hollyh »

    12 April 2019 · 9:28 am

    I used to be so impressed by the “Smart Hours” summertime program offered by OG and E. They offer a major price cut in off-hours usage, and major price HIKES in core-hour usage (2 pm to 7 pm in summer months), for those who participate. I play the game, and appear to save cash.

    But it has come to light, over time, that their entire reason for this program is, to allow them to keep using their nasty coal-fired plants a while longer, instead of stepping up and building cleaner plants. Groan.

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