PSO requests $88 million rate increase

TULSA — A rate reduction takes effect Thursday for Public Service Company customers, just as the company is asking for an increase.

PSO says residential customers will see lower fuel charges and a decrease in their bill of about $5 per month.

The electricity provider asked the Oklahoma Corporation Commission on Wednesday to authorize a rate increase of $88 million.

If approved, that would bring the average bill back up by about $7 a month.