Home / Oklahoma

Oklahoma Electricity Prices

Average retail price by sector. Latest data: May 2026.

Residential
13.38¢ /kWh
▲ 3.4%vs. last year
Commercial
8.10¢ /kWh
▼ 4.3%vs. last year
Industrial
6.17¢ /kWh
▲ 5.1%vs. last year

Average monthly bill

Full bill breakdown →
$141per month▲ 3.0% vs. the year before

13.52¢/kWh × 1,043 kWh a month. Residential revenue divided by residential customers, averaged over the 12 months to May 2026 — the 31st highest among the 50 states and DC.

Compared with the U.S. and neighboring states

Average monthly residential electricity bill, in US dollars
Oklahoma
$141
U.S. average
$155
Texas
$173
Missouri
$145
Arkansas
$138
Kansas
$130
Colorado
$109
New Mexico
$98

Oklahoma is $14 a month below (-9.3%) the U.S. average of $155. Average monthly bill, June 2025 – May 2026.

How Oklahoma makes its electricity

Fuel mix & 10-year trend →Power plants →
Renewable
48.3%
Carbon-free
48.3%
Largest source
Wind 45%
Oklahoma electricity generation by source, June 2025 – May 2026
SourceShareGeneration
Natural gas43.3%39,904 GWh
Coal8.4%7,734 GWh
Nuclear0.0%0 GWh
Wind44.9%41,391 GWh
Solar1.3%1,162 GWh
Hydro1.8%1,631 GWh
Other0.3%292 GWh

92.1 TWh of net generation over the 12 months to May 2026. Generation, not consumption — power crosses state lines.

Oklahoma electricity prices in context

Oklahoma's residential electricity rate stood at 13.38¢/kWh in May 2026, making it the second-cheapest in the nation among the 50 states and DC. The rate was 5.06¢/kWh below the US average of 18.44¢/kWh, a difference of 27.5%. Among its neighbors, Oklahoma undercut Missouri at 13.68¢/kWh but cost more than no bordering state; Texas charged 16.44¢/kWh, Colorado 16.16¢/kWh, Kansas 15.13¢/kWh, Arkansas 14.36¢/kWh, and New Mexico 14.12¢/kWh.

Over the past five years since May 2021, the rate has climbed 23%, from 10.88¢/kWh. The longer view is steeper: since May 2006 the rate has grown 61.8%, from 8.27¢/kWh, and since records began in January 2001 it has more than doubled, rising 104.9% from 6.53¢/kWh. The recent high came in September 2025 at 14.79¢/kWh; the all-time low was 5.65¢/kWh in January 2002. At current rates, the average residential bill was $141 monthly on usage of 1,043 kWh, compared with the national average bill of $155 on 871 kWh per month. Commercial and industrial rates stood at 8.10¢/kWh and 6.17¢/kWh respectively, having risen 3.4% year over year.

Written from the EIA figures on this page, covering data through May 2026.

12-month trend

ResidentialCommercialIndustrial
5.1¢7.7¢10¢13¢16¢Jun '25Sep '25Dec '25Feb '26May '26ResidentialCommercialIndustrial

Residential history since 2001

4.9¢7.6¢10¢13¢16¢Jan '01May '07Sep '13Jan '20May '26
Jan '01
6.53¢
Now
13.38¢
Change
▲ 104.9%
Range
5.65–14.79¢

Recent months

MonthResidentialCommercialIndustrial
May 202613.388.106.17
April 202613.317.775.86
March 202613.568.335.88
February 202612.898.776.28
January 202612.629.887.09
December 202512.258.605.96
November 202513.348.656.13
October 202514.429.176.23
September 202514.7910.186.71
August 202514.3110.006.63
July 202513.529.926.72
June 202513.639.786.57

Prices in ¢/kWh.

Frequently asked questions

›How much does electricity cost in Oklahoma?
Residential electricity in Oklahoma costs 13.38¢ per kilowatt-hour as of May 2026, the 49th highest rate among the 50 states and DC. Commercial customers pay 8.10¢ and industrial customers 6.17¢ per kilowatt-hour.
›Why is electricity relatively cheap in Oklahoma?
Oklahoma's residential rate of 13.38¢/kWh is -25.0% versus the U.S. average of 17.84¢/kWh. What a household actually pays also depends on how much it uses: the typical Oklahoma home consumes 1,043 kWh a month against a national average of 871 kWh, which is why its average bill comes to $141.
›Have electricity prices in Oklahoma gone up?
Residential electricity in Oklahoma has moved +104.9% since 2001, reaching 13.38¢/kWh in May 2026. Over the last year alone the change was +3.4%.
›Is electricity cheaper in states neighboring Oklahoma?
Of the states bordering Oklahoma, New Mexico has the lowest average monthly bill at $98 and Texas the highest at $173. Oklahoma averages $141 a month, against a U.S. average of $155.