Share “OG&E to refund more than $7 million to...”

OG&E to refund more than $7 million to customers

Oklahoma Gas and Electric Co. will refund more than $7 million to customers in Oklahoma after failing to let state regulators sign off on a natural gas transportation deal with corporate sibling Enogex.
BY JAY F. MARKS Published: August 30, 2011

Oklahoma Gas and Electric Co. residential customers will see their bills drop by more than $3 in September under a ruling Monday by the Oklahoma Corporation Commission.

OG&E is paying the price for failing to have state regulators review its decision to extend a natural gas transportation contract with fellow OGE Energy Corp. subsidiary Enogex in 2009.

The Corporation Commission ordered OG&E to give customers a $4.2 million credit next month, while passing along an additional $3 million in savings through April 2013.

OG&E's Arkansas customers are expected to receive a refund as well.

Company spokeswoman Kathleen O'Shea said the settlement with regulators is part of a standard audit of fuel costs.

AARP Oklahoma applauded the commission's order forcing OG&E to pay a refund to its customers.

“It is important that consumers pay only what is fair and not more,” the group's Senior State Director Sean Voskuhl said.

Continue reading this story on the...


  1. 1
    Where does OU rank among college football's running back units?
  2. 2
    The best jobs for every personality type
  3. 3
    Lankford: Changing Washington 'takes strong families, strong churches and strong communities'
  4. 4
    Trial delayed for former sheriff's deputy charged with sexual battery
  5. 5
    County Commissioner booked on new charges; discussion on ouster set for Monday
+ show more


× Trending energy Article