Residential rates by utility (EIA-861, average all-in ¢/kWh)
| Utility | 2023 ¢/kWh | 2024 ¢/kWh | Customers (2024) | Ownership | vs state avg, $/yr |
|---|---|---|---|---|---|
| Southeastern Electric Coop Inc | 11.68 | 9.09 | 15,583 | Co-op | -$338 |
| City of Edmond | 11.74 | 11.22 | 39,532 | Municipal | -$108 |
| Rural Electric Coop, Inc | 11.35 | 11.35 | 9,047 | Co-op | -$94 |
| Red River Valley Rrl Elec Assn | 11.78 | 11.38 | 15,852 | Co-op | -$90 |
| Central Rural Electric Cooperative, Inc | 10.68 | 11.56 | 19,650 | Co-op | -$72 |
| Oklahoma Gas & Electric Co | 10.81 | 11.78 | 710,123 | Investor-owned | -$47 |
| Cotton Electric Coop, Inc | 12.27 | 11.86 | 19,696 | Co-op | -$39 |
| Cimarron Electric Coop | 12.20 | 11.87 | 15,258 | Co-op | -$38 |
| Canadian Valley Elec Coop, Inc | 11.71 | 11.90 | 24,605 | Co-op | -$34 |
| City of Ponca City | 12.40 | 11.93 | 13,790 | Municipal | -$32 |
| Verdigris Valley Elec Coop Inc | 11.25 | 11.93 | 35,102 | Co-op | -$31 |
| East Central Oklahoma Elec Coop Inc | 10.87 | 11.99 | 33,358 | Co-op | -$25 |
| Lake Region Electric Coop, Inc | 11.73 | 12.02 | 24,788 | Co-op | -$21 |
| Oklahoma Electric Coop Inc | 12.20 | 12.25 | 58,544 | Co-op | +$4 |
| People's Electric Cooperative | 10.68 | 12.53 | 14,728 | Co-op | +$33 |
| Indian Electric Coop, Inc | 11.07 | 12.57 | 14,839 | Co-op | +$37 |
| Public Service Co of Oklahoma | 13.83 | 12.73 | 501,093 | Investor-owned | +$55 |
| CKenergy Electric Cooperative | 13.14 | 12.81 | 22,555 | Co-op | +$64 |
| Northeast Oklahoma Electric Co | 12.01 | 12.85 | 37,871 | Co-op | +$68 |
| Kiamichi Electric Coop, Inc | 12.60 | 12.90 | 18,685 | Co-op | +$73 |
| City of Altus | 13.13 | 12.93 | 8,167 | Municipal | +$76 |
| Choctaw Electric Coop Inc | 13.33 | 13.21 | 21,483 | Co-op | +$107 |
| City of Claremore | 14.80 | 13.24 | 11,855 | Municipal | +$110 |
| Stillwater Utilities Authority | 13.80 | 13.25 | 19,640 | Municipal | +$112 |
| Cookson Hills Elec Coop, Inc | 12.90 | 14.18 | 17,551 | Co-op | +$211 |
| Ozarks Electric Coop Corp | 12.68 | 14.20 | 11,783 | Co-op | +$213 |
| Northwestern Electric Coop Inc | 15.19 | 15.29 | 9,620 | Co-op | +$331 |
| Tri-County Electric Coop, Inc | 16.95 | 15.87 | 14,212 | Co-op | +$394 |
Average price = residential revenue ÷ residential sales from each utility's federal EIA-861 filing (bundled service — supply + delivery + riders, not a quoted tariff rate). State average = 12.22¢/kWh, volume-weighted across these utilities (2024). Your distribution utility is fixed by address; these gaps measure what households in different territories actually paid. A further 2 competitive suppliers / solar lessors report energy-only or behind-the-meter sales in Oklahoma; their prices cover only part of the bill and are not comparable to the all-in figures above.
Can you choose your electric company in Oklahoma?
Electric supply choice: no · Gas supply choice: no
Fully regulated.
Official rate information: oklahoma.gov/occ.html.
Heating: which fuel is cheapest per million BTU in Oklahoma?
| Fuel | Native price | As of | $ per MMBTU |
|---|---|---|---|
| Utility natural gas | $1.014 /therm | Feb 2026 | 10.14 |
| Propane | $2.272 /gal | Mar 30, 2026 | 24.84 |
| Electricity (resistance) | 12.89 ¢/kWh | Feb 2026 | 37.78 |
Utility natural gas is the cheapest residential energy per BTU in Oklahoma at $10.14/MMBTU. Conversions: 1 kWh = 3,412 BTU; 1 therm = 100,000 BTU; heating oil 138,500 BTU/gal; propane 91,452 BTU/gal. Site-energy prices — appliance efficiency changes delivered-heat cost: a 95% AFUE gas furnace delivers heat near the gas figure, while a heat pump at seasonal COP 2.5–3 cuts the effective electric figure by 60–70%. (No EIA weekly heating-oil survey price for Oklahoma.)
Electricity price trend, last 12 months
Oklahoma's average residential price went from 11.60¢/kWh in Feb '25 to 12.89¢/kWh in Feb '26 — up 11% year-over-year. The 12-month peak was 14.79¢ in Sep '25.
| Month | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ¢/kWh | 11.60 | 12.37 | 13.31 | 12.94 | 13.63 | 13.52 | 14.31 | 14.79 | 14.42 | 13.34 | 12.25 | 12.62 | 12.89 |
Head-to-head utility comparisons in Oklahoma
- Oklahoma Gas & Electric Co vs Public Service Co of Oklahoma — who's cheaper?
- Oklahoma Gas & Electric Co vs Oklahoma Electric Coop Inc — who's cheaper?
- Public Service Co of Oklahoma vs Oklahoma Electric Coop Inc — who's cheaper?
Questions people ask
- Who has the cheapest electricity in Oklahoma?
- Oklahoma Gas & Electric Co, at an average 11.8 cents per kWh for 2024 among Oklahoma utilities with at least 50,000 customers (EIA-861). The most expensive, Public Service Co of Oklahoma, averaged 12.7 cents — a difference of about $102 per year at 10,800 kWh.
- Can I choose my electric company in Oklahoma?
- No. Oklahoma is a regulated retail market: your utility is set by address and there is no residential supplier shopping. Rates are set in state utility-commission proceedings (oklahoma.gov/occ.html).
- Is gas or electric heat cheaper in Oklahoma?
- Per million BTU of site energy, utility natural gas was $10.14 (Feb 2026) versus $37.78 for electric resistance heat. A heat pump delivering 2.5-3 units of heat per unit of electricity brings electric heating to roughly $13-15 per MMBTU.
- What is the average electric bill in Oklahoma?
- At Oklahoma's February 2026 average price of 12.89 cents/kWh and typical usage of 900 kWh per month, a household pays about $116 per month ($1392 per year) for electricity. Actual bills vary with usage, utility territory, and tariff.