Oklahoma Electricity Rates
Rate data for Oklahoma is being refreshed. The regulator and market facts below are current; figures return with the next data load.
Can you choose your electricity supplier in Oklahoma?
No. Oklahoma has not opened its residential electricity market to competition, so the utility that delivers your power also sells it. Its prices are set in rate cases before the Oklahoma Corporation Commission, and the rate you pay depends on which utility serves your address, your rate schedule, and the season.
Grid operator: Southwest Power Pool (SPP). Wholesale power costs flow through to retail bills on the regulator's schedule rather than month to month, which is why regulated-state rates move more slowly than the market-based states listed below.
Want to shop for a supplier? Retail choice is open on this site in Massachusetts, New Jersey, Ohio, Pennsylvania, Texas, Washington DC.
Oklahoma has no electricity supplier to choose (EIA records zero energy-only provider sales), but roughly half of its utility-scale generation so far in 2026 is wind (our division of two EIA tables) and the big utilities push summer-only time-of-use plans — OG&E's SmartHours and PSO's Time of Day both price just the 2–7 p.m. weekday peak high from June on — while OCC rules cap a deposit at one-sixth of a year's bill and forbid nonpayment shut-offs of electrically cooled homes when the heat index is forecast at 101°F or higher.
Who will deliver your power in Oklahoma
The utility is fixed by your address. These are the largest in the state, with what each says it needs from a new customer.
OG&E (Oklahoma Gas & Electric)investor-owned
OG&E says it provides electricity to customers in Oklahoma and western Arkansas; it is the state's largest electric utility by residential customers. About 710,000 Oklahoma residential customers in 2024 (EIA Form 861, Table 6).
OG&E's start-service page says that with your SSN, new address and move-in date handy it is easy to turn on power online; its OCC-approved Terms and Conditions (Section 208) base a residential deposit on credit-agency results and two months' average usage at the address, with a $150.00 minimum where there is no history, three business days to pay if the service is already on, a waiver for good payment history with OG&E or a like utility via an acceptable Letter of Credit, and a refund with interest in the 13th month after 12 months of service with two or fewer late payments.
Start service with OG&E →Public Service Company of Oklahoma (PSO)investor-owned
An American Electric Power company headquartered in Tulsa that serves all of AEP's Oklahoma customers; its published list of cities and towns served runs to more than 200 communities including Tulsa, Broken Arrow, Owasso, Bartlesville, Lawton, McAlester and Vinita. About 501,000 residential customers in 2024 (EIA Form 861, Table 6).
PSO's online start-service form says giving your Social Security number is optional but a deposit or other security guarantee will be required if PSO cannot verify your credit, and a deposit may still be required even with an SSN. Its deposit page says deposits are normally required of customers new to PSO, are based on heat type or usage history at the address, can be replaced by an acceptable guarantor or a letter of credit from another utility showing 12 months of on-time payment, earn 3.00% per year interest if held at least six months, and are applied to your account after one year provided no more than two bills were paid late.
Start service with Public Service Company of Oklahoma →Sources: psoklahoma.com, psoklahoma.com, psoklahoma.com, eia.gov
Oklahoma Electric Cooperative (OEC)cooperative
Member-owned cooperative based in Norman serving Caddo, Canadian, Cleveland, Grady, McClain, Oklahoma and Pottawatomie counties with 51,239 meters, per the Oklahoma Association of Electric Cooperatives. About 58,500 residential customers in 2024 (EIA Form 861, Table 6).
OEC says to allow three business days for its online residential service request, or call (405) 321-2024 at least one business day before you want power connected (a same-day connection may carry an additional fee); have your driver's license and Social Security number ready, pay a $25 service initiation fee and $5 membership fee up front, and expect a possible deposit based on your credit or OEC payment history. Walk-in applicants may be asked for a lease or purchase agreement, photo ID and Social Security card, and service requests are scheduled Monday through Friday before 4:30 only.
Start service with Oklahoma Electric Cooperative →Sources: okcoop.org, okcoop.org, oaec.coop, eia.gov
Edmond Electric (City of Edmond)municipal
Municipally owned distribution utility for Edmond, buying its power from the Oklahoma Municipal Power Authority (OMPA); its territory covers 90 square miles with about 40,000 electric meters serving an estimated population of 94,000. About 39,500 residential customers in 2024 (EIA Form 861, Table 6).
New residential customers must be 18 with a valid government-issued photo ID, provide a copy of the lease if renting, pay a $25 processing fee added to the first bill, and post a deposit unless the city receives a qualifying Letter of Prior Payment History from an electric provider; service orders are completed as early as the next business day, and transfers between Edmond addresses need one business day's notice and a $50 service order charge.
Start service with Edmond Electric →Sources: edmondok.gov, edmondok.gov, edmondok.gov, edmondok.gov, edmondok.gov, eia.gov
Cotton Electric Cooperativecooperative
Member-owned cooperative headquartered in Walters with an office in Duncan, serving Caddo, Carter, Comanche, Cotton, Grady, Jefferson, Stephens and Tillman counties with 22,023 meters, per the Oklahoma Association of Electric Cooperatives. About 19,700 residential customers in 2024 (EIA Form 861, Table 6).
Cotton Electric's membership application requires the Social Security number and date of birth of every applicant, an uploaded government photo ID and the meter number at the location; service cannot be requested more than two weeks ahead, cannot begin on a weekend or holiday, takes up to 72 hours to process, and all fees must be paid before activation. Monthly billing carries a $5 membership fee and $35 service initiation fee up front plus a deposit set by an online utility credit check, while the MyChoice prepaid option is $5 + $35 + a $50 minimum prepaid balance ($90 total) and no deposit.
Start service with Cotton Electric Cooperative →Sources: cottonelectric.com, cottonelectric.com, cottonelectric.com, oaec.coop, eia.gov
Deposits, ID, and supplier choice in Oklahoma
Deposits. For utilities under Oklahoma Corporation Commission rules (OAC 165:35-19-10), no deposit may be charged to a residential consumer who had the same type of service for 12 consecutive months within the prior 18 months without a nonpayment disconnection, more than two late payments or a dishonored check; otherwise the deposit is capped at one-sixth of the estimated annual bill, may be payable in installments under the utility's plan, earns interest at a Treasury-indexed rate, and must be refunded automatically with interest after 12 months of satisfactory payment with no more than two late payments. Cooperative membership fees are not counted as deposits. (oklahoma.gov)
Choosing a supplier. None for residential customers: EIA's 2024 Oklahoma Electricity Profile records 72,083,773 MWh of full-service provider sales and zero energy-only provider sales, so every retail kilowatt-hour came from the utility that owns the wires and you take service from whichever utility serves your address. (https://www.eia.gov/electricity/state/oklahoma/)
The OCC's Consumer Services group mediates complaints about regulated utilities but says municipal electric systems are not regulated by the Commission, so the OCC deposit and disconnection rules here do not cover Edmond or other city-owned utilities. Under OAC 165:35-21, a regulated utility must mail at least 10 days' written notice before a nonpayment disconnection, may not disconnect on a holiday or after noon Friday until Monday, must suspend disconnection of a home that heats with electricity when the National Weather Service forecasts below 32°F in the next 24 hours and of a home that cools with electricity when the forecast or actual heat index is 101°F or higher, and must wait at least 20 calendar days from the notice for a customer who tells it they have applied for and are awaiting financial assistance from a government social-service agency. Oklahoma residential power averaged 14.35 cents/kWh in July 2026 against 18.31 cents nationally and 15.88 cents in Texas, and the 2024 average Oklahoma home bill was $132.05 for 1,079 kWh.
Sources: oklahoma.gov, oklahoma.gov, oklahoma.gov, eia.gov, eia.gov, eia.gov
Help paying an electric bill in Oklahoma
Low Income Home Energy Assistance Program (LIHEAP) — Oklahoma
Oklahoma Human Services (OKDHS)
Households responsible for their home energy bill who are U.S. citizens or lawful permanent residents and meet the income guidelines in OKDHS Appendix C-7, which caps gross monthly income at 130 percent of the federal poverty level ($1,729 for one person, $2,345 for two, $3,575 for four, plus $616 per additional member, effective 10/1/2026). Three components open on scheduled dates each federal fiscal year (FY2026's anticipated openings: Winter Heating January 6, Energy Crisis Assistance April 14, Summer Cooling July 14) and stay open until funds run out; apply at OKDHSLive.org, allow up to 60 days for non-emergency processing, and call 405-522-5050 year-round for a life-threatening energy crisis.
Sources: oklahoma.gov, oklahoma.gov, oklahoma.gov
Weatherization Assistance Program (WAP)
Oklahoma Department of Commerce, under contract with Oklahoma Human Services, through eight nonprofit service providers covering all 77 counties
Oklahoma households that rent or own and are at or below 200 percent of the poverty level, with priority for people 60 and older, the differently abled, families with children, high energy burdens and high residential energy users; the program is no-cost and funded by the U.S. Department of Energy and LIHEAP, and OKDHS says applications can be submitted online at mywaplink.org.
Sources: okcommerce.gov, oklahoma.gov
OG&E Low-Income Assistance Program (LIAP), Silver Energy and Lend a Hand
OG&E
LIAP gives qualified Oklahoma customers a $13 per month bill credit and requires qualifying for LIHEAP first; Silver Energy gives Oklahoma seniors 65+ on any SmartHours plan a $10 monthly credit June through October and $5 in other months; Lend a Hand is a donor-funded program run with local nonprofits for customers facing hard times, and OG&E also points Oklahomans to 211 for bill assistance.
Source: oge.com
OEC Low Income Assistance and Silver Discount
Oklahoma Electric Cooperative
Members who qualify through DHS (apply at okdhslive.org) get a $10 monthly discount for 24 months; primary account holders aged 65+ get a $5 Silver Discount each month June through October by calling (405) 321-2024.
Source: okcoop.org
Programs that change what you pay
- Rooftop solar (net metering)available
- Under 17 O.S. § 156 and OAC 165:40-9, customer-owned solar or small wind up to 300 kW is netted against consumption at the full retail rate within each billing period, excess production is bought at the utility's avoided energy cost and credited the next cycle, and systems are limited to 125 percent of the location's peak load.
Source: oklahoma.gov
- Community solarlimited
- There is no statewide community-solar program on the OCC's net-metering page; the utility offerings are OG&E's Solar Power program, which supplies electricity from OG&E solar farms without panels on your roof, and PSO's voluntary Renewable Energy Choice, which adds $0.0023 per kWh for wind and solar renewable energy certificates covering whatever share of usage you pick (about $1.27 a month for 50 percent of 1,100 kWh).
Source: psoklahoma.com
- Time-of-use ratesavailable
- All three large utilities run summer-only peak pricing: OG&E's SmartHours (Fixed, Daily or Overnight plans) charges more only 2–7 p.m. on weekdays June 1–September 30 with a first-year Best Bill Guarantee, PSO's Time of Day rate charges on-peak 2–7 p.m. Monday–Friday June through October for customers with an AMI meter, and OEC's Time of Use rate bills 24¢/kWh on-peak 3–7 p.m. weekdays June 1–August 31 (excluding July 4) against 9.8688¢ for all other kWh on July–September bills (11¢ on June and October bills).
Source: oge.com
Questions people ask before moving to Oklahoma
How far ahead should I set up electricity before moving to Oklahoma?
The small utilities publish their lead times: OEC wants a call at least one business day ahead or three business days for its online form, Edmond completes service orders as early as the next business day, and Cotton Electric allows up to 72 hours to process an application but will not take requests more than two weeks out or start service on a weekend or holiday. OG&E and PSO run online start-service forms that publish no lead time, so submit them as soon as you have a move-in date.
Sources: okcoop.org, edmondok.gov, cottonelectric.com, oge.com, psoklahoma.com
Will I have to pay a deposit to start electric service in Oklahoma?
Probably, unless you can show a clean payment record: OCC rules cap a regulated utility's deposit at one-sixth of your estimated annual bill and forbid one if, within the last 18 months, you had 12 straight months of the same service with no nonpayment shut-off, no bounced check and at most two late payments, OG&E's minimum with no history is $150.00 (waivable with a Letter of Credit from a like utility), PSO accepts a guarantor or a 12-month letter of credit instead of cash and pays 3.00% interest, and Edmond waives its deposit only for a qualifying Letter of Prior Payment History from an electric provider. OEC and Cotton Electric set deposits by credit check on top of membership and connection fees ($5 + $25 at OEC, $5 + $35 at Cotton), and Cotton's prepaid MyChoice plan skips the deposit for a $50 opening balance.
Sources: oklahoma.gov, oge.com, psoklahoma.com, edmondok.gov, okcoop.org, cottonelectric.com
Can I shop for a cheaper electricity supplier in Oklahoma?
No. EIA's 2024 profile shows every one of Oklahoma's 72,083,773 MWh of retail sales came from full-service utilities and none from energy-only providers, so your only choices are the rate plans your own utility offers, such as OG&E's SmartHours or PSO's Time of Day rate.
Sources: eia.gov, oge.com, psoklahoma.com
What are SmartHours and the 2-to-7 p.m. summer peak everyone talks about?
OG&E's SmartHours plans charge a discounted price for 19 hours each weekday and all day on weekends and holidays from June 1 to September 30, with a higher price only during the five peak hours of 2 to 7 p.m.; a Daily plan sets each day's peak price (Low, Standard, High or Critical) a day ahead, Fixed holds one peak price, and first-time customers get a Best Bill Guarantee crediting the difference if the old rate would have been cheaper. PSO's Time of Day rate uses the same 2–7 p.m. weekday peak from June through October, and PSO's Power Hours pays $50 to enroll a smart thermostat plus $25 per thermostat at season's end.
Sources: oge.com, psoklahoma.com
How do Oklahoma electricity rates compare with Texas and the rest of the country?
Oklahoma residential power averaged 14.35 cents/kWh in July 2026 against 15.88 cents in Texas and 18.31 cents nationally, and the 2024 average Oklahoma home bill was $132.05 for 1,079 kWh (the U.S. average was $142.26 for 863 kWh). Much of that power is wind: EIA's monthly tables show Oklahoma utility-scale wind generated 27,017 thousand MWh of the state's 55,880 thousand MWh year-to-date through July 2026, about 48 percent (our division of the two EIA figures).
Researched 2026-10-16 from utility, regulator, and agency pages; every statement links to where it was read. Rules change: confirm deposits and program dates with the utility or agency before you rely on them.
Every state ranked by residential rate, updated weekly: Electricity Rates by State →