From the Top — May 2025 | OEC News

Understanding Your Electric Bill —

and Your Options

When you open your electric bill each month, you see a number. For many, that number raises questions. Why is it that high? What exactly am I paying for? Are there ways to lower it? These are fair questions — and ones we want to help answer.

What Makes Up Your Electric Bill?

One thing that’s not always obvious is that most of your co-op’s costs are fixed. That means whether you use one kilowatt-hour or 1,000, the bulk of what it takes to maintain your electric service doesn’t change.

We build and maintain the lines, poles, substations and systems that deliver power to homes and businesses across our entire service area. This includes a service availability charge on your bill, which helps cover the essential fixed costs for maintaining and replacing infrastructure, distribution services and administration.

Why the Service Availability Charge Matters

Every member pays this charge, ensuring a fair contribution to the cooperative’s overall operational costs. Even if no electricity is used in a billing cycle, the infrastructure and service are still maintained and ready.

Flexible Rate Plans That Fit Your Needs

To enhance your experience, we’re always looking at how we can provide flexible options that cater to a variety of needs. We’ve developed different rate options to better match how members use electricity.

Our Standard Residential Rate is simple and predictable. Our Electric Vehicle Rate, initially developed for EV owners charging overnight, has also proven to be a cost-saver for many members who heat or use appliances at night — even without an EV.

Find the Best Rate for Your Home

If you’re unsure which rate you should be on, we have a team of experts ready to help you decide. You can submit a Rate Comparison Request at okcoop.org/rate-comparison, and a member of our team will provide you with a detailed report based on your personalized usage data and trends.

Our Commitment to You

We’re committed to keeping rates fair, transparent and aligned with the actual cost of providing service. Thank you for being part of the cooperative and letting us power your life.

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