“This order will make final OG&E’s saddling residential customers with a historic $126.6 million rate increase and raise utility bills more than $9 a month, an amount many customers simply cannot afford. OG&E began collecting this unprecedented rate hike on an interim basis on July 1, 2024, and the OCC approved OG&E’s interim rates on November 27, 2024.
While AARP is disappointed in the overall outcome of the case, we are pleased our efforts were successful in rejecting OG&E’s proposed monthly customer charge increase from $13 to $21 a month. More than 3,700 AARP members called, emailed and signed petitions pleading with Corporation Commissioners not to approve yet another unreasonable rate hike from a company that made more than $425 million in profits last year.
While customers are forced to choose between buying food and medicine and keeping the lights on, OG&E, year after year, rakes in millions of dollars in profits and continues to raise rates with no end in sight. OG&E will be back at the trough with another rate case expected to start mid-year.”
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