Public Service Co of Oklahoma late fee
Oklahoma · Investor Owned
Public Service Co of Oklahoma charges 1.5% for a residential electric bill paid late.
- Percentage fee
- 1.5% of the past-due balance
- Can disconnect
- Yes, for non-payment
- Percentile
- Higher than 14% of US utilities that charge a percentage fee
- Residential customers
- 501,093
Late fees versus bad debt, 2024
- Late-fee revenue
- $2,800,362 (FERC account 450, Forfeited Discounts)
- Written off
- $170,562 (FERC account 904, Uncollectible Accounts)
- Ratio
- 16.42x
Source: US Federal Energy Regulatory Commission, FERC Form 1, accounts 450 and 904 (18 CFR Part 101), retrieved via the Public Utility Data Liberation project. Municipal utilities and most cooperatives do not file Form 1, so no ratio is available for them.
Disconnections in 2024
- Disconnections
- 290,739 for non-payment
- Rate
- 58.31 per 100 residential customers
- Final notices
- 1,207,605
- Reconnections
- 105,970
Counts are disconnection events, not households. Source: US Energy Information Administration, Form EIA-112. See how this compares.
1.5% of total amount due if unpaid by due date (PSO OK)
Source: https://www.psoklahoma.com/lib/docs/ratesandtariffs/Oklahoma/PSOResidentialServiceFeb2025.pdf