Independent resource. Not affiliated with any utility or energy provider. Data sourced from the U.S. Energy Information Administration.Verified May 2026

Oklahoma Electricity Cost 2026: 12.40¢/kWh

Oklahoma residential electricity rates average 12.40 cents per kWh in 2026, -31.3% vs the 18.05¢ US national average. The state operates a regulated retail market with natural gas/wind as the primary generation source.

State Rate

12.40

cents/kWh

Monthly Bill

$110

at 886 kWh

vs National

-31.3%

national avg 18.05¢

Rank (cheapest first)

10/50

YoY change +2.7%

Market Type

Regulated

Supply rate set by state PUC

Primary Generation

Natural Gas/Wind

per EIA State Energy Profile

Annual Bill (avg usage)

$1,318

vs national $1,919

Oklahoma electricity market

Regulated state served by Oklahoma Gas & Electric (OG&E), Public Service Company of Oklahoma (AEP), and a network of cooperatives. Generation mix is shifting from coal toward natural gas and wind; Oklahoma has the second-largest in-state wind generation after Texas.

Where Oklahoma residents save

No retail competition. OG&E offers an opt-in TOU rate (SmartHours) that pairs well with smart-thermostat scheduling. Long cooling season makes HVAC efficiency the dominant residential lever.

Primary utilities

  • Oklahoma Gas & Electric (OG&E)
  • Public Service Company of Oklahoma (AEP)
  • Oklahoma Electric Cooperatives

Oklahoma bill estimates by usage

Home ProfileMonthly kWhMonthly BillAnnual Bill
Apartment500$62$744
Small house750$93$1,116
Average household886$110$1,318
Large house1200$149$1,786
Large house + EV1500$186$2,232

Estimates use the Oklahoma state-average rate of 12.40¢/kWh from EIA data. Your actual bill includes delivery charges, customer-service fees, and state/local taxes already blended into this retail rate, plus any locality-specific surcharges not captured at the state-average level.

Related

National context. US average residential rate 2026: 18.05¢/kWh. Cheapest state: Idaho at 10.65¢. Most expensive: Hawaii at 43.18¢. Source: U.S. Energy Information Administration. See /methodology for sourcing and limitations.

Updated 2026-05-11