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November 18, 2009

Judge OK's raising, lowering NE Okla. power bills

OKLAHOMA CITY (AP) — An administrative law judge has approved a proposal by an electric utility serving northeast Oklahoma — including the Tulsa area — to collect a bit more money from most customers for a year. The additional $30 million would pay for recent projects.



The proposal by American Electric Power-Public Service Company of Oklahoma also included an offsetting $30 million reduction in the fuel-cost portion of electric bills and exemption of low-income customers from the year-long rate rise.



AEP-PSO said the result would add less than $1 to the average residential customer's monthly bill over one year, to pay for projects done since the last rate case.



The three-member Corporation Commission has final say. AEP-PSO spokesman Stan Whiteford said the proposal could go before the commission within the next month.

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