Regulators to review rate hike for Empire District Electric Company

Empire District Electric Invests Locally - KOAM


Oklahoma Corporation Commissioners will take part Tuesday in an Administrative Law Judge’s hearing on a possible rate hike requested by Empire District Electric Company.

A joint stipulation and agreement has already been reached but not approved by Commissioners during which Empire Electric would be allowed an annual base rate increase of $5,100,000.

Algonquin Power & Utilities Corp. Acquires Empire District Electric Company  - Daily Energy Insider

Liberty filed the request for the rate increase in February of this year. (Cause No. PUD 202100163 (ECF No. PUD2021-000163) The joint stipulation and settlement were reached after numerous conferences held in July and all sides agreed to recommend an authorized return on equity of 9.3%.

The meeting will begin at 8:30 a.m.