Your OG&E bill is about to go up: See the reasons behind the rising costs for customers
Customers of OG&E will soon see an increase in their monthly electric bill, thanks to rising fuel costs.
The energy provider told customers in an email Friday, May 23, that a fuel charge adjustment would go into effect June 1. OG&E charges customers for the "actual cost of fuel to generate electricity," and the fuel cost can be seen on your monthly bill. OG&E cannot profit from fuel costs.
"We understand any increase in bills can be difficult," the email said. "That's why we source and purchase fuel at the lowest cost possible to minimize the impact on customer bills and physically store lower cost fuel that we can use when prices increase."
According to OG&E, the average residential customer will see an increase of $5.87 per month.
You can learn more about how your bill is impacted by the cost of fuel at oge.com/fuel.
This fuel cost adjustment is just one of a few recent changes to OG&E customer bills.
In March, OG&E customers saw an average increase of about $12.65 on their monthly bill, which was to account for rising fuel costs following the unusually high temperatures in October and November of 2024.
This increase followed an average $9.58 monthly rate increase approved by the Oklahoma Corporation Commission that started in July 2024, which was expected to fund tree trimming and boost a senior discount for the company's SmartHours program.
Aaron Cooper, OGE Energy Corp. spokesman, told The Oklahoman in February the rate and fuel increases are offset by three drops in fuel charges between November 2023 and November 2024 that over the 12-month period led to an accumulative monthly drop of $50.37.
This article originally appeared on Oklahoman: OG&E bills going up again: See what's behind the rise in cost
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