Public Service Company of Oklahoma’s Fuel-Free Power Plan approved to add nearly 1,000 MW to generation mix

With approval from the Oklahoma Corporation Commission (OCC) secured last week, the Public Service Company of Oklahoma (PSO) will deploy a new Fuel-Free Power Plan in the coming years, adding 999.5 MW to its generation portfolio and reducing bills as of 2026.

The new energy generation will take the form of wind and solar farms. Three of each type will complement existing PSO natural gas generation facilities. This advance in renewable generation will, in turn, bring electric bills down, with the average residential customer seeing bill drops of $2.59 in 2026.

“Approval of this agreement allows PSO to deliver needed electricity to customers while reducing their energy bills. That’s a classic win-win scenario,” Leigh Anne Strahler, PSO president and COO, said. “We thank the Corporation Commissioners and all the parties in the case for their hard work, which will produce substantial benefits for our customers.”

One caveat would come with all this. Before the bill drops in 2026, customers will have to endure interim electric bill increases. Initially, beginning in mid-2025, the average customer’s bill will rise 1.46 percent or approximately $1.95 per month. The tumble in 2026 depends on federal tax incentives and lower fuel costs kicking in to ultimately bring rates 64 cents lower than they are currently.