Oklahoma industrial electricity rates
Oklahoma industrial electricity cost 5.84 cents per kWh in 2024, with 20,002 accounts buying 22.3 TWh.
In 2024 Oklahoma industrial accounts paid 5.84 ¢/kWh, rank 49 of 51 and 28.2% below the U.S. industrial price (8.13 ¢). A Oklahoma account using 93,087 kWh a month pays about $5,436. Since 2015 the Oklahoma price moved +9.2%.
Oklahoma sits 0.28 ¢ under Texas, the state above, and 0.23 ¢ over Louisiana, the state below. At 93,087 kWh a month, energy in Oklahoma costs 382 dollars more than in New Mexico, the cheapest industrial state.
How it compares
| Industrial price | 2024 | 2015 | Change | Bill |
|---|---|---|---|---|
| Oklahoma | 5.84 ¢/kWhthis state | 5.35 ¢/kWh | +9.2% | $5,436at 93,087 kWh |
| Texas (next above) | 6.12 ¢/kWh+0.28 ¢ against Oklahoma | 5.59 ¢/kWh | +9.5% | $5,697at 93,087 kWh |
| Louisiana (next below)Lowest in this table | 5.61 ¢/kWh-0.23 ¢ against Oklahoma | 5.41 ¢/kWh | +3.7% | $5,222at 93,087 kWh |
Oklahoma industrial: 2025 and 2026
Oklahoma industrial, data to July 2026.
- Oklahoma 2025 average price
- 6.15 ¢/kWh+5.3% against 2024, U.S. +6.0%
- Oklahoma 2025 rank
- 50 of 51-1 places against 2024
- Oklahoma January to Jul 2026
- 6.69 ¢/kWh+11.4% on Jan-Jul 2025
- Oklahoma Last 12 months
- 6.54 ¢/kWhto July 2026
- Oklahoma July 2026
- 8.16 ¢/kWh+21.4% against July 2025
- Oklahoma 2025 costliest month
- Jul 6.72 ¢cheapest Mar 5.32 ¢, a 26% spread
- Oklahoma Typical 2025 bill
- $5,980 a monthtop Jul $7,010, low Feb $4,976
The Oklahoma industrial price averaged 6.15 ¢/kWh in 2025, +5.3% on 2024: Oklahoma stayed within 0.7 points of the nation. From January to July 2026 the Oklahoma average is 6.69 ¢, +11.4% on 2025, 5.5 points above the U.S. change. Seasonality in Oklahoma: 2025 peaked in July at 6.72 ¢ and bottomed in March at 5.32 ¢. A typical industrial account in Oklahoma paid about $71,761 for energy over 2025, from $4,976 in February to $7,010 in July; use per account ran 87,446 to 104,319 kWh a month.
Oklahoma industrial price by month, 2024 to Jul 2026
Price by month, Oklahoma industrial: 12 rows
| Month | 2024 | 2025 | 2026 to Jul |
|---|---|---|---|
| Jan | 6.50 | 6.20 | 7.09 |
| Feb | 5.26 | 5.69 | 6.28 |
| Mar | 5.03 | 5.32 | 5.88 |
| Apr | 5.29 | 5.57 | 5.86 |
| May | 5.25 | 5.87 | 6.17 |
| Jun | 6.19 | 6.57 | 7.37 |
| Jul | 6.24 | 6.72 | 8.16 |
| Aug | 6.25 | 6.63 | No data |
| Sep | 6.48 | 6.71 | No data |
| Oct | 6.27 | 6.23 | No data |
| Nov | 5.50 | 6.13 | No data |
| Dec | 5.70 | 5.96 | No data |
12 rows from EIA retail sales.
CSVWhat a typical Oklahoma industrial account paid each month
Oklahoma industrial: use per account times price, energy only.
Typical bill by month, Oklahoma industrial: 12 rows
| Month | 2025 | 2026 to Jul |
|---|---|---|
| Jan | 5804 | 6743 |
| Feb | 4976 | 5436 |
| Mar | 5057 | 5778 |
| Apr | 5343 | 5666 |
| May | 5545 | 5966 |
| Jun | 6411 | 7028 |
| Jul | 7010 | 8007 |
| Aug | 6949 | No data |
| Sep | 6732 | No data |
| Oct | 6318 | No data |
| Nov | 5845 | No data |
| Dec | 5769 | No data |
12 rows from EIA retail sales.
CSVOklahoma industrial charts
Industrial price, Oklahoma and U.S.
Oklahoma 5.35 ¢ in 2015 and 5.84 ¢ in 2024, 2.29 ¢ under the national figure.
Oklahoma industrial price against the national average, 2015 to 2024: 10 rows
| Year | Oklahoma industrial | Gap to U.S. industrial | Oklahoma residential |
|---|---|---|---|
| 2015 | 5.35 | -1.56 | 10.14 |
| 2016 | 5.02 | -1.74 | 10.20 |
| 2017 | 5.42 | -1.46 | 10.61 |
| 2018 | 5.34 | -1.58 | 10.30 |
| 2019 | 5.07 | -1.74 | 10.21 |
| 2020 | 4.61 | -2.06 | 10.12 |
| 2021 | 5.50 | -1.68 | 11.00 |
| 2022 | 6.96 | -1.36 | 12.44 |
| 2023 | 6.26 | -1.78 | 12.08 |
| 2024 | 5.84 | -2.29 | 12.24 |
10 rows from EIA retail sales.
CSVAnnual change
Biggest move +26.5% in 2022; latest -6.7%.
% vs prior year
- -6.22016
- +8.02017
- -1.52018
- -5.12019
- -9.12020
- +19.32021
- +26.52022
- -10.12023
- -6.72024
Year-over-year change, Oklahoma industrial price: EIA retail sales.
CSVAnalyst note
The Oklahoma industrial price sat above the U.S. average in 0 of 10 years; the gap was -1.56 ¢ in 2015 and -2.29 ¢ in 2024. In the 2024 ranking Oklahoma sits between Texas (6.12 ¢) one place above and Louisiana (5.61 ¢) one place below; the top of the list is 28.29 ¢ away and the bottom 0.41 ¢. Oklahoma was 49th in 2015 with 5.35 ¢ and is 49th now; no move in the table. Oklahoma industrial prices rose in 3 of 9 years. The largest rise was +26.5% in 2022, and the largest fall -10.1% in 2023. The Oklahoma price peaked at 6.96 ¢ in 2022 and bottomed at 4.61 ¢ in 2020; 2024 is 16.1% below the peak and +26.7% from the low. Compounded, that is +0.98% a year in Oklahoma, -0.84 points against the U.S. Oklahoma buys 2.16% of all U.S. industrial electricity with 1.79% of the accounts, so the average Oklahoma account uses 1.20 times the national average.
Oklahoma industrial customers paid 5.84 ¢ in 2024, which puts the state 49th of 51, a bottom-ten position, 2.29 ¢ under the U.S. Nine years moved the Oklahoma industrial price +9.2% (+1.0% a year), behind the U.S. by 8.5 points. The sharpest year was 2022 at +26.5%; the peak came in 2022.
The latest Oklahoma year moved -6.7%, so prices have cooled. The Oklahoma residential price of 12.24 ¢ sits 6.40 ¢ above. A Oklahoma industrial account uses 93,087 kWh a month; priced at 5.84 ¢ that is about $5,436, and the sector buys 31.0% of Oklahoma's power.
Counting revenue instead of kWh, Oklahoma industrial accounts bring in 19.9% of Oklahoma sector revenue on 31.0% of the kWh, a discount of 11.1 points that comes from the price level: 5.84 ¢ here against 12.24 ¢ for residential and 8.92 ¢ for commercial accounts. The average Oklahoma industrial account uses 93,087 kWh a month, 30 of 51 among states on that measure; a residential account uses 0.01 times as much and a commercial account 0.08 times. Industrial accounts are 0.91% of the 2,197,296 accounts in Oklahoma.
Facts
- Industrial price 2024
- 5.84 ¢/kWh-28.2% against U.S.
- Price in 2015
- 5.35 ¢/kWh+9.2% to 2024
- Annual change
- +1.0%-0.8 points vs U.S.
- Rank
- 49 of 512 states cost less
- Gap to U.S.
- -2.29 ¢$2,131.69 a month
- Peak year
- 20226.96 ¢; 2020 low 4.61 ¢
- Sales
- 22.3 TWh31.0% of state sales
- Industrial accounts
- 20,0025.01 per 1,000 residents
- Use per account
- 93,087 kWh/mo1,117,043 a year
- Implied monthly bill
- $5,436-$2,132 against U.S. rate
Data tables
Oklahoma, industrial: price by year
| Year | Oklahoma | U.S. | Change | Gap | Ratio |
|---|---|---|---|---|---|
| 2015 | 5.35 | 6.91 | No data | -1.56 | 0.774 |
| 2016 | 5.02 | 6.76 | -6.2% | -1.74 | 0.743 |
| 2017 | 5.42 | 6.88 | +8.0% | -1.46 | 0.788 |
| 2018 | 5.34 | 6.92 | -1.5% | -1.58 | 0.772 |
| 2019 | 5.07 | 6.81 | -5.1% | -1.74 | 0.744 |
| 2020 | 4.61 | 6.67 | -9.1% | -2.06 | 0.691 |
| 2021 | 5.50 | 7.18 | +19.3% | -1.68 | 0.766 |
| 2022 | 6.96 | 8.32 | +26.5% | -1.36 | 0.837 |
| 2023 | 6.26 | 8.04 | -10.1% | -1.78 | 0.779 |
| 2024 | 5.84 | 8.13 | -6.7% | -2.29 | 0.718 |
Oklahoma industrial: cost by use
| Monthly kWh | Oklahoma cost a month | Gap to U.S. rate in Oklahoma |
|---|---|---|
| 23,270 (0.25x the Oklahoma account) | $1,358.97 | -$532.88 |
| 46,540 (0.5x the Oklahoma account) | $2,717.94 | -$1,065.77 |
| 93,090 (1x the Oklahoma account) | $5,436.46 | -$2,131.76 |
| 139,630 (1.5x the Oklahoma account) | $8,154.39 | -$3,197.53 |
| 186,170 (2x the Oklahoma account) | $10,872.33 | -$4,263.29 |
| 372,350 (4x the Oklahoma account) | $21,745.24 | -$8,526.82 |
Oklahoma: the three sectors measured against industrial
| Sector | Oklahoma price ¢/kWh | Price vs industrial | Oklahoma kWh per account a month | Use vs industrial | Oklahoma revenue share | Oklahoma kWh share |
|---|---|---|---|---|---|---|
| Residential | 12.24 | 2.10x | 1,079 | 0.01x | 45.5% | 33.8% |
| Commercial | 8.92 | 1.53x | 7,095 | 0.08x | 34.6% | 35.3% |
| Industrial (this page) | 5.84 | 1.00x | 93,087 | 1.00x | 19.9% | 31.0% |
Questions on Oklahoma industrial
How much per kWh do Oklahoma industrial customers pay: 5.84 cents on average?
5.84 cents in 2024, -28.2% against the U.S. rate.
Is Oklahoma cheap or costly for industrial power?
49th of 51, with 2 places charging less.
What is the nine-year price trend for Oklahoma industrial power?
5.35 to 5.84 cents: +9.2% in total, +1.0% a year.
What is a typical monthly industrial bill in Oklahoma?
93,087 kWh at 5.84 cents, price times use, comes to $5,436.
How many industrial electricity accounts does Oklahoma have?
20,002 accounts, or 5.01 per 1,000 residents.
When were Oklahoma industrial prices highest since 2015?
2022 at 6.96 cents; the low was 4.61 cents in 2020.
What did Oklahoma industrial electricity cost in 2025?
Oklahoma averaged 6.15 cents per kWh, +5.3% against 5.84 in 2024, and 50 of 51 among states.
Are Oklahoma industrial electricity prices rising in 2026?
Oklahoma is +5.5 points against the U.S.: 6.69 cents from January to July 2026, +11.4% on 2025.
When in 2025 did Oklahoma industrial power cost most, July or March?
July at 6.72 cents in Oklahoma; March was the lowest at 5.32, a 26% spread.
Does Oklahoma industrial power cost less than the national average in 2026?
2.34 cents below the national average; Oklahoma 6.69 cents over January to July 2026, +11.4% on 2025.
More on Oklahoma industrial
- Oklahoma state hub30 utilities, 550 accounts per 1,000
- Oklahoma residential rates12.24 ¢, rank 45 of 51
- Oklahoma commercial rates8.92 ¢, rank 47 of 51