As a point of clarification to our article this week about Oklahoma Corporation Commissioners approving a more than $41 million rate hike for Oklahoma Natural Gas Company, the impact on consumers won’t mean another increase in bills following one in late June.
As the Commission pointed out, the actual increase of $1.69 a month for residential ratepayers of ONG and 57 cents for low income customers actually took effect June 27, 2025. So the Wednesday vote did not create another rate hike on top of what had been in place for a few weeks.
The rate increase was part of ONG’s request made in February 2025 for approval of a Performance Based Rate Change Plan for the Program Year 2024.
A Joint Stipulation by ONG, the Attorney General and the Public Utilities Division of the Commission supported the agreed upon increase. One consumer group, the Oklahoma Industrial Energy Consumers, did not sign the agreement but also did not oppose the settlement. The settlement was for a rate increase of $41,0078,183, a decrease of $426,567 from ONG’s original request.
Because of an EDIT or Excess Deferred Income Tax Credit, the impact on ratepayers was lowered by $18.17 for residential customers and $5.38 for low-income ratepayers. The stipulated settlement agreement results in the $1.69 residential and 57 cent low income increase.
