OG&E cuts fuel cost adjustment for Oklahoma customers
Customers of Oklahoma Gas and Electric are getting notifications of a decrease in their monthly utility bills. OG&E said it would make a fuel cost adjustment for customers beginning November 1. The utility said the average residential customer’s monthly bill would be $6.75 lower a month. OG&E said it represents a reduction of 4.8% in the monthly bill of an average residential customer.
OG&E described this change as good news for residential customers who continue to deal with higher utility costs. The company said it will apply the fuel cost adjustment directly on Oklahoma bills. OG&E said customers should watch their November or December statements, depending on billing cycles, to see the difference.
Below is the announcement:
Dear Customer,
Good news!
We’re pleased to share that beginning November 1, the fuel cost adjustment for customers will result in a decrease in your monthly bill.
Here’s what this good news means for you:
The average residential customer’s monthly bill will be $6.75 lower per month.
This represents a 4.8% reduction in the average residential customer’s monthly bill.
We know you count on us to provide reliable electricity for your home and to keep your bill as low as possible. OG&E does not profit from fuel charges. Our cost is your cost. We are pleased to pass on these fuel savings to our customers.
Want to save more on your electricity bill? Our Energy Efficiency Program offers a simple way to make your home as energy efficient as possible, saving you energy and even more money. See if you qualify for home upgrades at no out-of-pocket cost for you.
Find out more at OGE.com/efficiency today.
Thank you for the opportunity to serve you!
Your friends at OG&E
OG&E fuel charge and Oklahoma utility bills
Hope you are well! We wanted to let you know OG&E has begun notifying customers by email today of a change to the fuel factor charge that will lower bills for the average residential customer in Oklahoma. With this change, the average residential customer bill will be $6.75 lower per month beginning Nov. 1. Customers will see the bill reduction in November or December depending on when they receive their monthly bill.
The fuel charge in every customer’s bill can change two times per year, depending on the actual cost of fuel to produce electricity. OG&E does not profit from fuel and has implemented cost-saving strategies for fuel purchases to minimize the impact on customer bills. OG&E sources and purchases fuel at the lowest cost possible as forecasted.
Below is a copy of the email customers are receiving. Please let us know if you have any other questions or would like to speak to a representative at OG&E.
Thanks,
Halle
How OG&E explains Oklahoma fuel cost and billing
OG&E told customers that it does not profit from fuel charges. The utility said, “Our cost is your cost.” OG&E said it uses cost-saving strategies for Oklahoma fuel purchases. The utility said it sources and purchases fuel at the lowest cost possible as forecasted. OG&E said those efforts help keep the bill as low as possible for Oklahoma residential customers.
OG&E also directed customers to its Energy Efficiency Program. OG&E said the program offers a simple way to make a home as energy efficient as possible. The company said energy efficiency can save energy and even more money. OG&E told customers they can check if they qualify for home upgrades at no out-of-pocket cost. OG&E told customers to “Find out more at OGE.com/efficiency today.”