Oklahoma has the 20th lowest retail electricity prices
in the nation. The 2000 state average rate of $59.50/MWh was 11 percent
below the national average retail rate. Oklahoma power rates are low
because of their low cost coal (64 percent) and hydroelectric (4 percent)
generation in combination with having no nuclear investment. Coal costs
are delivered for nearly 27 percent below the national average coal
costs because the plants use very low cost Wyoming sub-bituminous coal.
Natural gas unit prices are relatively low because of their location
near the gas fields and high blend of more efficient combined cycle
capacity.
