LOCAL
Libby Hobbs, Tulsa Flyer
The utility company plans to invest more than $1 billion in the power grid. Photo: Libby Hobbs/Tulsa Flyer
You could see increases to your electric bill soon if the Public Service Company of Oklahoma’s plan to invest $1.255 billion in the power grid gets approved.
According to a PSO statement released Tuesday, customers’ bills could increase $1.13 per month as soon as next year and as much as $10.34 per month by 2029.
“As Oklahoma grows, so does the demand for dependable infrastructure. PSO is preparing for that future with forward-looking investments that support current energy needs, reduce outages, and support economic growth in the communities we serve,” the utility company said in the statement.
Here’s what we know:
- PSO wants approval for eight new power projects, including wind and natural gas, across Oklahoma. Without the investment, PSO said they would not have enough energy capacity to meet their customer needs.
- It has not been confirmed whether these resources will be used to power data centers, though many have speculated.
- PSO said these projects will “represent thousands” of new jobs for the state’s economy and put more money into local economies through increased tax revenue. Now, the proposal is awaiting a decision by the Oklahoma Corporation Commission.
- There are resources on the PSO website for bill assistance and energy-saving programs that can help customers lower their monthly electric costs.
Libby Hobbs is the cost of living reporter for the Tulsa Flyer. You can reach her at libby@tulsaflyer.org.
