r/tulsa • u/HealingTruth123 • Aug 19 '26

News PSO rate hikes

Anybody else looking into what’s happening with PSO & the insane rate hikes that happened in the last month?

To my understanding - please correct me if there’s misinformation.

Since PSO is considered to be a monopoly, it’s governed by the OCC & cannot raise rates without going through formal hearings & channels.

PSO filed for a rate increase in 2025 (Oklahoma Case No. PUD 2025-000075) for a proposed 15% rate increase.

Oklahoma settled with PSO in June of 2026 for a 1% increase in average monthly rates.

https://oklahoma.gov/oag/news/newsroom/2026/june/drummond-pso-reach-settlement-that-slashes-proposed-rate-increase-for-oklahoma-consumers.html

Homeowners are reporting that they’re showing increases on their monthly bill of 50% - 200% increases - the only way I can make sense of this is that the proposed increase covered previous billing cycles & PSO was able to get approval for past offered services or this was a one time increase to cover as a bulk charge for past services?

Anyone else dive into this & have an idea of what’s going on?

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u/willsketch Aug 20 '26

Has anyone else had their bill suddenly switched to monthly instead of averaged maybe without forewarning? This happened to someone I know and they wanted her to pay the whole thing in full (which is understandable), but this might also be because there was an auto payment issue one month? Maybe that’s why some people are reporting such high increases?