A newly released report from the U.S. Energy Information Administration reveals that Oklahoma’s electricity prices are climbing at the fastest rate in the nation. From June 2021 to June 2022, electricity prices surged from 7.3 cents per kilowatt hour to 10.87 cents per kilowatt hour across all sectors (residential, commercial, industrial, and transportation).
That 49 percent increase is the largest percentage increase experienced by consumers in any state. Among all 50 states and the District of Columbia, the average electricity cost increase across all sectors was just 14 percent.
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