Lower taxes deliver lower electric bills
OG&E Arkansas customers to see approximately $113 in savings on upcoming electric bills
OKLAHOMA CITY— OG&E today announced that its average Arkansas residential customer will see approximately $113 in savings on upcoming electric bills.
In October, customers will see a credit of approximately $57 on their electric bill. Then, beginning in November, customers will see a credit of approximately $4 per month through the end of 2019. The savings are made possible by the reduction in corporate tax rates approved by Congress and signed by President Trump in December 2017.
“We’re pleased to pass on to our customers the benefits of tax savings that resulted from the Tax Cuts and Jobs Act,” said OG&E spokesman Brian Alford.
The credit will be noted on October bills as “Tax Cuts and Jobs Act Credit.”
Oklahoma Gas & Electric Company, a subsidiary of OGE Energy Corp. (NYSE: OGE), is Oklahoma’s largest electric utility. For more than a century, we have provided customers in Oklahoma and western Arkansas the safe, reliable electricity needed to power their businesses and homes at rates below the national average. Our employees are committed to generating and delivering electricity, protecting the environment and providing excellent service to our more than 842,000 customers. OG&E has 6,304 MW of electric generation capacity fueled by low-sulfur coal, natural gas, wind and solar. OG&E employees live, work and volunteer in the communities we serve.