PSO Rate Hike

Tuesday, March 6th 2001, 12:00 am
By: News On 6

(Oklahoma City-AP) -- The high cost of natural gas is also driving up the cost of electricity.

American Electric Power's Public Service Company of Oklahoma says March electric bills will be about three percent higher than February bills.

An average P-S-O customer using one-thousand kilowatt hours of electricity will pay $21 and 32 cents for fuel. That's up from $18 and 98 cents in February and an increase of nearly $10 since November.

The average customer's total bill will be nearly $73.

P-S-O official Alan Decker says more than 60 percent of the company's electricity is generated by using natural gas.