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
    Tulsa man pleads guilty to murder for setting house fire that killed 5-year-old
  2. 2
    Police find hatchet, protective gear in house where Bever family members were slain
  3. 3
    Oklahoma City police: Two arrested after woman sexually assaulted in work freezer
  4. 4
    OU football fans among Top 10 ... in grammar
  5. 5
    Wrestling legend Jimmy 'Superfly' Snuka charged in girlfriend's 1983 death
+ show more


× Trending energy Article