OG&E Looking At A Rate Hike

Associated Press

OKLAHOMA CITY (AP) -- The state's largest utility is moving forward with plans for a rate hike.

Oklahoma Gas and Electric said Wednesday it will make a planned rate case filing next month.

OG&E had filed notice with the state Corporation Commission of its intent to seek a change in its electric rates. OG&E said then it anticipated such a filing no sooner than January 26.

The company said Wednesday it is preparing rate case documentation for a test year ending Sept. 30, 2008. If new rates are approved, OG&E anticipates they will be implemented in August or September 2009.

OG&E has more than 769,000 customers in its service area in Oklahoma and western Arkansas.