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Published: July 3, 2009
OG&E deal would hike rates
Oklahoma Gas and Electric Co. would receive a $48 million annual rate increase under a tentative settlement announced Thursday.
Despite the agreed upon rate increase, Oklahoma residential customers would not see an increase in their bills for at least a year because of a reduction in fuel costs that would be passed through to customers as part of the agreement, said Pete Delaney , OGE Energy Corp. chairman.
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