Beginning with electric bills issued on or after May 1, Oklahoma Electric Cooperative (OEC) members may notice an increase in their power cost adjustment (PCA). The PCA could rise by roughly $15 per 1,000 kilowatt-hours (kWh) consumed — meaning the more electricity used, the more noticeable the impact on a monthly bill.
The PCA directly reflects what OEC pays for wholesale electricity on behalf of its members. That rate is determined by our power provider, Western Farmers Electric Cooperative (WFEC). As a distribution cooperative, OEC delivers power but does not generate it. For more on the generation, transmission and distribution process, watch the short video below.
The recent increase stems from elevated electricity demand across the 14-state Southwest Power Pool (SPP) footprint over the past several months, compounded by rising fuel prices. The PCA fluctuates each month, reflecting constant changes in the fuel market.
“Rising costs are something we never take lightly, because we understand the real-world pressure they put on the people we serve,” said CEO Patrick Grace. “When budgets are already stretched thin, an uptick in the electric bill can feel like one more weight on the scale. That’s why OEC is committed to being a resource for our members — whether through financial assistance programs, energy-saving tools like our rate calculator, or simply a conversation about options — while keeping the reliable service they depend on front and center.”
From Grid to Home: OEC's Role in Your Electricity's Journey
We're here to help: Check out our energy-saving tools & resources
Residential Rate Calculator
Our Residential Rate Calculator helps you determine which rate is best for you. Using your usage data, it identifies which of our three residential rates would save you the most money. Note it is most accurate if you have 12 months of usage history at your current location. Try it here.
Custom Rate Analysis
Did you know we have three residential rates? It can be overwhelming trying to decide which one you should be on, so we have a team of experts ready to help. Submit our Rate Comparison Request, and a member of our team will provide you a detailed report to help you determine which rate is best for you based on your personalized usage data and trends.
Free In-Depth Energy Audits
OEC offers in-depth, onsite energy audits at no cost to residential members. The audit tests your home’s ability to seal in heat and air, checks for potential duct leakage and ensures an adequate amount of attic insulation. Members will receive a detailed report on site along with information on steps they can take to expand their home’s efficiency and savings. Apply here.
Home Energy Profile
Not quite ready for someone to audit your home? Try our free Home Energy Profile, where you enter your home and appliance information to receive an in-depth analysis of your home’s energy health, along with recommendations to improve it at different investment levels. Build your home’s profile here.
Contact our Energy Efficiency Solutions Specialist
If you’d simply like to walk through options with an expert, contact Daniel Lofland, OEC’s Energy Efficiency Solutions Specialist. A BPI-certified Building Analyst, Daniel can help you assess your home via phone or email. Reach out to him at daniel.lofland@okcoop.org or 405-217-6631.