Sooner Power Plant Ranked as Lowest Cost in U.S.

September 12, 1996
OG&E Electric Services' Sooner Power Plant near Redrock, Oklahoma has earned the distinction of being the nation's lowest cost power plant. The plant was recognized this week for having the lowest 1995 operating costs of almost 800 U.S. power plants surveyed. OG&E's Muskogee Power Plant also earned high marks, ranking sixth in the nation.

The report was issued this week by Utility Data Institute, a McGraw-Hill organization in Washington, D.C. Each year UDI rates the nation's power plants using several different criteria. OG&E's Sooner and Muskogee power plants were recognized for their ability to produce power with low operation, maintenance and fuel costs.

“We are pleased to be recognized by UDI for the aggressive cost reduction efforts we have undertaken in recent years,” said OG&E Vice President of Power Supply Jack Coffman. “OG&E has among the lowest electric rates in the nation and the efficiency of our power plant operations contributes a great deal to the company's ability to offer those low rates.”

UDI listed the 1995 weighted average production cost of the 800 plants surveyed at $19.91 per megawatt hour. The Sooner plant's 1995 cost was $9.73 while the Muskogee plant's costs were listed as $10.76. Sooner plant is a coal-fired plant with approximately 1100 megawatts of generating capacity. The Muskogee plant has three coal units and one gas-fired unit and has approximately 1700 megawatts of capacity.

“Muskogee's ranking as number six is a remarkable achievement since it also includes a gas unit,” said Coffman.

Media Contact:

Brian Alford
Manager, Corporate Communications
405-553-3187
alfordbt@oge.com
 
Financial Contact:
Eric Weekes
Treasurer
405-553-3581
weekeseb@oge.com