What Is The Average Electric Bill in Oklahoma [2024 Updated]

Oklahoma residents will likely see an increase in their electricity bills due to House Bill 4097. According to the Oklahoma Council of Public Affairs, House Bill 4097 will give existing utility companies more control over power projects without competition. This can lead to higher costs for consumers. Additionally, companies like Oklahoma Gas and Electric are asking for significant rate increases, further contributing to potential bill spikes.

What Are The Electric Rates in Oklahoma?

The electric rate is the cost per unit of electricity that consumers pay the service providers for their electric usage. This rate can vary based on factors such as the time of day (time-of-use rates), the electricity provider, and regional regulations. For instance, the electric rate in Oklahoma averaged 11.70 ¢/kWh in May 2024, a slight decrease from the 11.92 ¢/kWh rate in March 2023.

Time-of-use (TOU) rates are a pricing scheme where electricity costs vary based on the time of day. Under TOU rates, electricity is more expensive during peak hours when demand is high and cheaper during off-peak hours when demand is lower. Oklahoma electricity providers also encourage consumers to use electricity during off-peak times to save money and help manage utility demand.

Electricity Providers in Oklahoma

There are a few notable electricity providers in Oklahoma, but the Oklahoma Corporation Commission (OCC) regulates the prices and service reliability of three investor-owned electric utilities: Liberty Utilities, Oklahoma Gas and Electric (OG&E), and Public Service Company of Oklahoma (PSO).

Liberty Utilities

Liberty Utilities provides electricity in Oklahoma and other states with specific rates for residential and small commercial customers.

Residential customer charges are $14.11 monthly, with rates of 12.57 ¢/kWh for the first 600 kWh in summer and 11.89 ¢/kWh in winter. If the use exceeds 600 kWh, the charges are 11.23 ¢/kWh in summer and 8.92 ¢/kWh in winter. Small commercial buildings have a monthly charge of $22.51, with rates of 16.44 ¢/kWh for the first 700 kWh and 12.66 ¢/kWh for additional usage beyond 700 kWh.

Time of Use Charges for Liberty Utility

Liberty Utilities offers specific rates for their customers with smart meters. During the summer season (June 16 to October 15), the rate is 14.03 ¢/kWh. In the winter season (October 16 to June 15), the rate is 14.03 ¢/kWh for the first 600 kWh and 11.65 ¢/kWh for any usage over 600 kWh.

At the same time, if customers have opted to use electricity during off-peak hours, they also receive an off-peak usage credit. For every kWh of energy used during off-peak hours, customers receive a 2-cent credit, which will be itemized on their bill. 

Oklahoma Gas and Electric (OG&E)

Oklahoma Gas and Electric services more than 820,000 customers in Oklahoma and has adapted grid automation that can reroute power during sudden outages.

OG&E also has detailed rates for customers living in residential or apartment complexes. The base customer charge is $13.00 and 6.85 ¢/kWh for the first 1400 kWh per month during the summer, and any additional consumption will charge 7.60 ¢/kWh. During the winter, the monthly charges for the first 600 kWh consumption are 6.85 ¢/kWh, and any additional charges will add 2.63 ¢/kWh.

Time of Use Charges for OG&E

OG&E offers Time-of-Use (TOU) plans for customers who prefer to pay based on their electricity usage times. The base customer charge remains $13.00 per month. During the summer, on-peak hours are from 2:00 PM to 7:00 PM (June 1 to September 30, excluding weekends), and customers are charged 19.70 ¢/kWh. Off-peak hours, which include all other times, are charged at 3.60 ¢/kWh.

In the winter season, the rate structure changes. The charge for the first 600 kWh consumed is 6.85 ¢/kWh; for any additional usage, the rate is 6.73 ¢/kWh. These TOU plans are designed to encourage energy usage during off-peak times, helping to balance demand and potentially lower overall energy costs for consumers.

Public Service Company of Oklahoma (PSO)

Public Service Company of Oklahoma (PSO) is one of the oldest electricity providers in Oklahoma. It covers 30,000 square miles of eastern and southwestern Oklahoma and has more than 562,000 registered customers.

PSO offers specific residential electricity rates with a base service charge of $17. During the on-peak season, customers with standard meters are charged 7.50 ¢/kWh for the first 1350 kWh and 9.64 ¢/kWh for any usage beyond that. These rates are designed to reflect higher demand periods, typically aligning with increased electricity usage during hot summer months.

In the off-peak season, PSO's rates are structured to encourage energy use during less busy times. Customers pay 6.69 ¢/kWh for the first 475 kWh, 4.43 ¢/kWh for the next 775 kWh and 2.97 ¢/kWh for any additional usage.

Time of Day Charges for PSO

PSO offers time-of-day (TOD) charges for residential customers with an AMI meter. During the summer months (June to October), on-peak rates (2 PM - 7 PM, Monday to Friday) are 18.15 ¢/kWh, while off-peak rates (7 PM - 2 PM, Monday to Friday, plus all day on weekends) are significantly lower at 3.72 ¢/kWh.

For the rest of the year, PSO's standard residential rates apply, with on-peak charges at 6.34 ¢/kWh for the first 1,350 kWh and off-peak charges at 8.16 ¢/kWh for any additional usage.

With different electricity providers, the residents of Oklahoma always have the option to choose the one that fits their budget and needs. With an average electric rate of 11.83 ¢/kWh, the state's rate is significantly lower than the national average of 16.10 ¢/kWh. This 26.55% difference indicates Oklahoma's more affordable electric cost. Additionally, there are several other factors, like hot summers and cold winters, and the extensive use of energy-intensive appliances contributes to higher consumption.

Here's a detailed table for different states and their change in electricity rates over 12 months. 

Best Electricity Provider In Oklahoma

With different electricity providers, there is always some confusion in choosing the best electricity provider in Oklahoma. Here are a few tips and steps that would help you make a well-informed decision:

Research Providers

Always start your research by understanding the electric provider who is most active in your area. You can choose from Liberty Utilities, Oklahoma Gas and Electric, and the Public Service Company of Oklahoma. You can check their respective websites to learn about their current rates and incentive plans.

Compare Rates

When selecting an electricity provider, always look at both standard and time-of-use rates offered by them. You can further evaluate base charges, per-kWh rates, and seasonal variations. Always keep an eye on on-peak and off-peak rates and discuss them with your family members to understand at what time they aim to use electricity the most.

Check for Incentives & Rates

Liberty Utilities provides a 2-cent credit per kWh for off-peak energy use. Similarly, you can check out different providers and learn if they offer any incentives and discounts if you aim to use electricity at off-peak hours.

Why Is My Electric Bill So High In Oklahoma?

Even though the electric rate of Oklahoma is comparatively lower than most of the states, the electric bills for some residents can be high due to several factors, including extreme weather conditions, high electricity consumption, and the use of energy-intensive appliances. Some of the prominent factors that influence the average electric bill in Oklahoma are:

Weather Conditions

Oklahoma's climate demands substantial energy for cooling in the summer and heating in the winter. For instance, a central air conditioner can consume around 3,500 watts per hour, and if you run it for eight hours per day for a month, then it will add $139.31 to your electric bill. Similarly, excessive room heater use during winter will also lead to higher monthly bills during peak usage times.

Appliance Usage

Several household appliances can significantly increase your electric bill. For instance, a refrigerator typically uses 200 - 300W and runs for 8 hours. Such a refrigerator will add approximately $8.42 to your electric bill. Similarly, a cloth dryer that uses 5,000W for one hour per day will add $17.75 to your electric bill.

Time of Use

Electricity rates can vary based on the time of day. Using energy during peak hours when rates are higher can increase your bill. Depending upon your electric service provider, you can analyze the time of use rates and make informed decisions. For example, running a 1500W dishwasher for one hour during peak hours at a rate of 19.70 ¢/kWh can add $8.87 to your monthly electric bill. However, if you use the same appliance during off-peak hours at a rate of 3.60 ¢/kWh, it will only add $1.62 to your monthly bill. This is a significant saving, reducing your cost by 81.73% compared to using it during peak hours.

Tips to Lower Electric Bills

If you want to manage your average electric bill in Oklahoma, you can check certain tips and practices. For instance:

Upgrade Household Appliance

Try moving to Energy-Efficient Appliances that use less electricity. You can even remove the incandescent bulbs from your place and replace them with the LEDs. Furthermore, you can also replace your old appliances with smart appliances that will not consume too much power.

Smart Thermostats

A reliable smart thermostat costs roughly around $100 - $150. With this small investment, you can control your heating and cooling system. Try setting the smart thermostats a few degrees higher in the summer and lower in the winter. This way, you can see significant changes in your electric bills.

Time-of-Use Plans

Always participate in such programs from your electricity provider that offers time-of-use plans. For instance, you can check out OG&E and PSO's time-of-use plans and shift heavy appliance use to off-peak hours to lower your monthly bills.

Solar Energy

You can always go ahead with renewable energy to power up your resident or office buildings. If you aim to move forward with solar energy and install a photovoltaic system before the end of 2032, you will receive a federal tax credit of 30% on your installation cost.

For instance, if your solar energy system cost is $20,000, your federal solar tax credit would be $6,000. This tax credit will include equipment, labor, and permitting. However, if investing such a large amount does not fit your short-term goals, then you can always go ahead with Jackery Solar Generator to reduce your average electric bill in Oklahoma. These generators can charge 99% of your household appliances, reducing your dependency on power outlets.

How Much Does It Cost to Live in Oklahoma?

The cost to live in Oklahoma is around $1300 for one single person and $4300 for a family of four. This cost does not include the charges one bears for housing or renting a property. Some of the most common utilities that contribute to Oklahoma's monthly cost of living are electricity, water, sewer, trash removal services, Internet and cable TV, and gas. Each of these utilities contributes to the state's monthly and yearly cost of living.

Here's a rough estimated breakdown of utility costs in Oklahoma:

Electricity

With an average electric rate of 11.70 ¢/kWh, the average electric bill in Oklahoma is $135.14. This cost can fluctuate based on the season and appliance usage. For instance, during the summer, the bill will increase due to the excessive use of air conditioners.  

Natural Gas

In Oklahoma, natural gas is used for heating and cooking. The average monthly cost for natural gas ranges from $50 to $100, depending on the season. For instance, the winter season sees a sudden drop in the temperature as most residents use gas for heating.

Water

The average water bill in Oklahoma ranges from $30 to $50 per month. If you are planning to use 2000 - 10,000 gallons, it would cost you $8.35.

Internet & Cable TV

Similarly to most states, Oklahoma residents pay roughly $60 - $120 per month for Internet and cable TV packages. However, the price may be higher or lower depending on your service provider and the Internet speed.

Trash Removal

Garbage collection services usually cost between $15 and $25 per month. For instance, removing and recycling 96-gallon carts per week will cost you $16.93. This fee covers regular trash pickup, recycling services, and sometimes yard waste removal.

Here is a detailed table illustration for utilities breakdown in Oklahoma

Tips On Lowering Utility Cost in Oklahoma

These utility costs can exceed the allocated budget for a large family. By following the following quick tips, one can lower their utility costs without compromising on living comfort.

Install Energy-Efficient Appliances: Opt for ENERGY STAR-rated appliances that consume less electricity and water.

Seal and Insulate: Always ensure that your home is well-insulated. Call your maintenance engineer and also ensure that they seal any gaps around doors and windows to maintain temperature.

Switch to Solar Energy: As you can see, electricity is one of the biggest utilities one must pay monthly. To reduce your dependency, you can check out Jackery Solar Generator and use solar energy to lower your utility costs.

Jackery Solar Generators for Lowering Your Electric Bills

Jackery is an award-winning manufacturer of solar generators, portable power stations, and solar panels. With multiple patents and mentions in the notable media, Jackery has sold more than 4 million units to its global customer base.

Jackery Solar Generators come with Jackery SolarSaga Solar Panels. These panels are made with monocrystalline silicon solar cells that are designed in a way that they can harness maximum sunlight. Once the stored energy is converted by the Jackery Explorer Portable Power Station's pure sine wave inverter into AC electricity, you can easily plug your appliances and power them up when required.

Jackery Solar Generators are powerful, portable units capable of charging 99% of household appliances. These generators are equipped with the right battery packs and can even handle heavy-duty appliances while living outdoors. Their high-capacity batteries can power air conditioners, freezers, televisions, CPAP machines, and more, significantly reducing your dependency on power outlets and helping to lower your electric bills.

There are several models from Jackery that let you charge and power household appliances. However, if you are looking to reduce your electric bill in Oklahoma and even wish to take these units with you when you travel, then you can go ahead with either of the following solar generators:

Jackery Solar Generator 3000 Pro

Jackery Solar Generator 3000 Pro is specially designed for heavy users looking for ways to charge their household appliances and power up their equipment during camping or RV living. With a high-capacity battery and multiple output ports, you can power your refrigerator, televisions, microwave oven, electric grills, and more.

Appliances Working Hour

• Room Heater (1800W): 1.4H
• Air Conditioner (1500W): 1.7H
• Microwave Oven (960W): 2.6H
• Electric Grill (850W): 3.0H
• Portable Refrigerator (500W): 5.1H

Customer Review

"Sent right away. Works great so far with a home charge and solar charge. Will be hooking it up to my pop-up camper next week. Great size, quiet, and a good app so far." -- James Matthews.

Jackery Solar Generator 2000 Plus

If you're looking for a solar generator that charges quickly and allows you to go fully independent, consider the Jackery Solar Generator 2000 Plus. This generator features a long-lasting battery and operates without emitting any fumes. With the Jackery Solar Generator 2000 Plus, you can easily power and charge multiple appliances simultaneously, making it an excellent choice for off-grid living and an ideal alternative to traditional power supply options.

Appliances Working Hours

• Outdoor Electric Grill (1700W): 1H
• Air Conditioner (1500W): 1.1H
• Microwave Oven (960W): 1.8H
• Electric Grill (850W): 2H
• Portable Refrigerator (500W): 3.4H

Customer Review

"Everything about the purchase was great! You can tell the company has extraordinary attention to detail!! From packaging to the product itself." -- Ted Grossi.

Jackery Solar Generator 2000 Plus Kit (4kWh)

If you aim to charge your heavy-duty appliances, like central air conditioner, power drills, etc., and your monthly electric consumption is also higher, then the Jackery Solar Generator 2000 Plus Kit (4kWh) is your ideal partner. With an expandable battery pack, you can carry this unit to outdoor locations and also use it to power work site appliances.

Appliances Working Hours

• Outdoor Electric Grill (1700W): 2H
• Air Conditioner (1500W): 2.2H
• Microwave Oven (960W): 3.6H
• Electric Grill (850W): 4H
• Portable Refrigerator (500W): 6.8H

Customer Review

"We went off-grid with it, and we love it. We live in a camper and power up everything for at least 2 days without charging but using everything, so I'm very happy that we got it" -- Marcin Powichrowski.

How Solar Helps to Save Electric Bills?

There are several benefits of going ahead with solar power systems, like:

Reduced Dependency on the Grid

With solar systems in place, you will not be fully dependent on the power grids. This means you draw less electricity from the grid, leading to lower monthly electric bills.

Net Metering

Most utility companies in Oklahoma and other states offer net metering programs, where excess electricity that you generate is fed back into the grid. This way, you can earn credit for this excess power, which can offset the cost of the electricity that you consume from the grid.

Long-Term Savings

The initial investment in solar panels averages around $15000 - $23000, which can be a significant investment for most residents. However, the long-term savings on electric bills are substantial.

Assuming a 2.4% annual increase in electricity rates, your monthly bill in Oklahoma could rise to around $227.72 in ten years and $289.04 in twenty years. However, by investing in solar panels, you can break even on the installation cost in around 10 - 11 years of time. Moreover, you can even expect to save $2,600 in your first year, $13,500 over five years, $28,800 over ten years, and $65,300 over twenty years on electric bills. This makes solar energy a highly cost-effective option for those looking for ways to reduce the monthly cost of living.

Jackery Solar Generators are reliable and powerful charging solutions that can power most appliances indoors and outdoors. They feature upgraded BMS technology to safely charge electrical appliances when there is a voltage or temperature fluctuation. They can charge 99% of household appliances to lower reliance on the electricity grid and reduce monthly electricity bills.

Oklahoma Average Electric Bill FAQs

What size of solar generator do I need for my house in Oklahoma?

The size of the solar generator that you will require to power your house in Oklahoma depends on multiple factors. For instance, if you only wish to power small appliances like mobile phones or earbuds, you can even go ahead with Jackery Portable Power Stations. However, if you are planning to charge high-wattage appliances, then you might need to check Jackery Solar Generator 3000 Pro.

Let's consider a scenario where you are using the Jackery Solar Generator 3000 Pro to power your refrigerator (500W) and CPAP machine (60W); then the working hours that you will get can be calculated with the following formula:

Working Hours = Battery Capacity in Wh * 0.85 / Wattage Consumption of the Appliances

Working Hours = 3024Wh * 0.85/560W = 4.59H

Note: The total battery capacity in this scenario is multiplied by 0.85 in order to account for the power loss during charging.

What is the average utility cost in Oklahoma?

The average utility cost in Oklahoma, including expenses for electricity, heating, cooling, water, and garbage collection, comes to around $250 - $450 per month.

What is the average water bill in Oklahoma?

The average water bill in Oklahoma varies depending on the city and household usage, but it typically ranges from $30 - $50 per month.

What state has the highest average electric bill?

With an average electric rate of 44.14 ¢/kWh, Hawaii has the highest average electric bill in the United States. Due to its remote location and reliance on imported fuel, the monthly electric bill often exceeds $350 - $450.

What uses the most electricity in a home?

The HVAC system uses the most electricity. Other appliances, such as water heaters, refrigerators, washers, dryers, and lighting, also consume substantial electricity.

Reduce Electric Bill With Solar

The average electric bill in Oklahoma is $135.14. With an average electricity rate of 11.70 ¢/kilowatt-hour (kWh), Oklahomans pay approximately 26.55% lower than the nationwide average. That said, with the change in environmental conditions and rise in the rates, people always look to reduce their monthly electricity bill without compromising their comfort.

If you are also looking to invest in solar panels but do not wish to spend a hefty amount on solar panel installations, you can always check Jackery Solar Generators. These generators are portable and compact, which means they would help you reduce your average electric bill in Oklahoma and can also be carried around during your outdoor adventures.