Attorney General Drew Edmondson supports $105.9 million rate cut - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Attorney General Drew Edmondson supports $105.9 million rate cut

Updated:
OKLAHOMA CITY (AP) _ Attorney General Drew Edmondson filed testimony on Tuesday that asks for a $105.9 million rate decrease from Oklahoma Gas & Electric Co.

The case before the Oklahoma Corporation Commission began when OG&E asked the commission for a rate increase of $22 million, about half of which would allow the company to upgrade security

Later, the company amended its petition to reflect a rate increase request of about $11.7 million.

Experts hired by the attorney general's office disagreed with the company's justifications for increasing rates and instead proposed a rate reduction.

``The decrease we request reflects a rate reduction of about nine and one-half percent,'' Edmondson said. ``These numbers constitute a substantial savings for Oklahoma ratepayers.''
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