Electricity Rate in Oklahoma (2026): 13.56c/kWh Average
Oklahoma Electricity Rate: What You Need to Know
Oklahoma electricity averages 13.56 cents per kWh for residential customers as of March 2026, according to the EIA Electric Power Monthly. This is 5.00c below the US average of 18.56c/kWh. The average monthly bill for Oklahoma households is $140 based on typical usage of 1066 kWh.
Generation mix: Wind 45%, natural gas 40%, coal 10%, solar 5%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.
Year-over-year change: Oklahoma rates rose 9.6% year-over-year as of March 2026. This compares to the US average increase of 8.6% over the same period.
Regulated: You Cannot Switch Electricity Suppliers
OGE Energy / PSO (AEP) operates as the regulated utility in Oklahoma. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.
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