OG&E is seeking approval from the Oklahoma Corporation Commission (OCC) to expand its Horseshoe Lake Power Plant in eastern Oklahoma County with two new natural gas combustion units and to enter two long-term agreements for additional power from third-party providers.
The utility says the projects are designed to meet growing electricity demand, strengthen the electric grid, and keep energy costs low. A hearing is scheduled for early October to review the request.
If approved, OG&E estimates that the average residential customer could see a monthly increase of just 60 cents starting in 2026, with gradual increases during construction. Once complete, the projects could raise the average monthly bill by $4.81.
The Oklahoma Corporation Commission earlier this year finalized OG&E’s 2024 rate case, locking in a $126.6 million increase, which will raise monthly bills by more than $9 for residential customers.
OG&E emphasizes that these additions are crucial for ensuring reliable and resilient electric service for homes and businesses across the area.
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