Customers of Oklahoma Natural Gas Company are being notified the utility is seeking regulators’ approval of a rate change plan that would be an increase in their monthly bills.
ONG, a division of ONE Gas, Inc. filed an application with the Oklahoma Corporation Commission requesting approval of its $28,730,412 rate increase under what is known as the Performance Based Rate Change Plan. The filing, known as 2026-000010, was made in late February but customers are now being notified by ONG.
If approved, it could mean an eventual rate increase of $1.53 per month for an average residential customer and another $0.42 for a residential low-income customer.
“The requested increase is necessary to recover increased business costs and natural gas infrastructure investments,” stated ONG in its notice to ratepayers and customers. The utility said it invested approximately $299 million in capital investments since its last base rate increase.
As proposed, the $28.7 million rate hike request would normally mean an increase of $2.73 a month for an average residential customer and 85 cents for a residential low-income customer. But with the use of the EDIT or excess deferred income taxes, there would be a one-tie annual EDIT credit for 2026 of $14,401,944. It would equate to $14.40 for an average residential customer and $5.12 for a residential low-income customer. The one-time annual EDIT for 2026 will be paid in February 2027.
As a result, with the one-time EDIT credit for 2026, the estimate total impact on a customer’s average bill would be $1.53 for a residential customer and 42 cents for a residential low income customer.
A Corporation Commission Administrative Law Judge plans to receive public comment during a Hearing on the Merits of the ONG request to be held June 11 at 10 a.m. The hearing is to determine whether the request is “proper, necessary, fair, just, and reasonable.”