Oklahoma · Investor Owned

Oklahoma Gas & Electric Co Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

11.78¢
Avg residential price / kWh
710.1K
Residential customers
-3.8%
vs Oklahoma average
$1,504
Implied avg annual bill

Oklahoma Gas & Electric Co charged an average of 11.78¢ per kWh to residential customers in 2024 - close to the Oklahoma average and far below the US average.

Oklahoma Gas & Electric Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Oklahoma customer-weighted average (-3.8%). Its customers used above the national residential norm at about 12,769 kWh a year each.

How this price compares

Ranked by price against the 35 utilities reporting residential rates in Oklahoma, Oklahoma Gas & Electric Co comes 7th of 35. The state's range runs from Southeastern Electric Coop Inc - (OK) at 9.09¢ to Sunnova at 15.95¢, so where a household sits inside Oklahoma depends far more on which utility serves it than on the statewide average alone.

Against the 2 other investor owned utilities reporting in Oklahoma, which averaged 13.67¢, Oklahoma Gas & Electric Co is below its own ownership class within the state (-13.8%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 35 reporting utilities.

Where Oklahoma Gas & Electric Co sits among Oklahoma utilities

2024 average residential price across the 35 utilities reporting a rate in Oklahoma

11.78¢/kWh Top 20% most affordable More affordable than 82% of 34 other utilities

Oklahoma Gas & Electric Co

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Oklahoma Gas & Electric Co average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Oklahoma Gas & Electric Co 11.78¢ -
Oklahoma (customer-weighted, 35 utilities) 12.25¢ -3.8%
United States average 16.48¢ -28.5%
Investor Owned utilities nationally (183) 17.36¢ -32.1%

Rate against consumption: Oklahoma utilities

Each dot is one of the 35 Oklahoma utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Oklahoma Gas & Electric Co is highlighted. In Oklahoma the cheapest rate belongs to Southeastern Electric Coop Inc - (OK) (9.09¢) while the smallest implied annual bill belongs to City of Ponca City - (OK) ($1,295) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 35 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use -50050100150 -50050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 35 Oklahoma utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Oklahoma Gas & Electric Co is highlighted. In Oklahoma the cheapest rate belongs to Southeastern Electric Coop Inc - (OK) (9.09¢) while the smallest implied annual bill belongs to City of Ponca City - (OK) ($1,295) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Scale and consumption

Oklahoma Gas & Electric Co reported 710.1K residential customers, ranking 1st of 35 utilities in Oklahoma by customers served and covering 40.0% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 12,769 kWh per customer per year - above the national residential norm, implying a typical annual bill near $1,504.

Within Oklahoma the median reporting utility sells about 13,518 kWh per customer, so Oklahoma Gas & Electric Co customers use -5.5% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.

Every utility reporting in Oklahoma

All 35 utilities reporting bundled residential service in Oklahoma, largest first, with Oklahoma Gas & Electric Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Oklahoma, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Oklahoma Gas & Electric Co (this page) Investor Owned 710.1K 11.78¢
Public Service Co of Oklahoma Investor Owned 501.1K 12.73¢
Oklahoma Electric Coop Inc Cooperative 58.5K 12.25¢
City of Edmond - (OK) Municipal 39.5K 11.22¢
Northeast Oklahoma Electric Co Cooperative 37.9K 12.85¢
Verdigris Valley Elec Coop Inc Cooperative 35.1K 11.93¢
East Central Oklahoma Elec Coop Inc Cooperative 33.4K 11.99¢
Lake Region Electric Coop, Inc - (OK) Cooperative 24.8K 12.02¢
Canadian Valley Elec Coop, Inc Cooperative 24.6K 11.90¢
CKenergy Electric Cooperative Cooperative 22.6K 12.82¢
Choctaw Electric Coop Inc Cooperative 21.5K 13.21¢
Cotton Electric Coop, Inc Cooperative 19.7K 11.86¢
Central Rural Electric Cooperative, Inc Cooperative 19.6K 11.56¢
Stillwater Utilities Authority Municipal 19.6K 13.25¢
Kiamichi Electric Coop, Inc Cooperative 18.7K 12.90¢
Cookson Hills Elec Coop, Inc Cooperative 17.6K 14.18¢
Red River Valley Rrl Elec Assn Cooperative 15.9K 11.38¢
Southeastern Electric Coop Inc - (OK) Cooperative 15.6K 9.09¢
Cimarron Electric Coop Cooperative 15.3K 11.87¢
Indian Electric Coop, Inc Cooperative 14.8K 12.57¢
People's Electric Cooperative Cooperative 14.7K 12.53¢
Tri-County Electric Coop, Inc (OK) Cooperative 14.2K 15.87¢
City of Ponca City - (OK) Municipal 13.8K 11.93¢
City of Claremore Municipal 11.9K 13.24¢
Ozarks Electric Coop Corp - (AR) Cooperative 11.8K 14.20¢
Northwestern Electric Coop Inc - (OK) Cooperative 9.6K 15.28¢
Rural Electric Coop, Inc - (OK) Cooperative 9.0K 11.35¢
City of Altus - (OK) Municipal 8.2K 12.93¢
Kay Electric Coop Cooperative 4.4K 14.13¢
Arkansas Valley Elec Coop Corp Cooperative 4.3K 13.28¢
Empire District Electric Co Investor Owned 3.9K 14.61¢
Alfalfa Electric Coop, Inc Cooperative 2.6K 10.20¢
Southwest Arkansas E C C Cooperative 220 12.24¢
Palmetto Solar, LLC Behind the Meter 18 12.34¢
Sunnova Behind the Meter 8 15.95¢

For generation mix and price history statewide, see electricity rates in Oklahoma.

Common questions about Oklahoma Gas & Electric Co rates

How much does Oklahoma Gas & Electric Co charge per kWh?
Oklahoma Gas & Electric Co reported an average residential price of 11.78¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is Oklahoma Gas & Electric Co expensive compared with the rest of Oklahoma?
Its average residential price is close to the Oklahoma customer-weighted average of 12.25¢ per kWh, a difference of -3.8%. The state figure is weighted by customers across the 35 utilities reporting residential service in Oklahoma.
What is the average electricity bill for Oklahoma Gas & Electric Co customers?
Dividing reported residential sales by residential customers gives about 12,769 kWh per customer per year. At the reported average price that implies roughly $1,504 a year, or about $125 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Oklahoma Gas & Electric Co?
EIA classifies Oklahoma Gas & Electric Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

  • An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
  • Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.