The Grand River Dam Authority raises energy service prices for many Oklahoma residents
MIAMI, Okla. – Officials say an energy price hike from the Grand River Dam Authority will result in increased utility bills for many Oklahoma residents.
The increase comes due to the City of Miami’s power supply source, the Grand River Dam Authority’s (GRDA) rising charges per kilowatt-hour (kWh) for electricity.
“We wanted to give our utility customers notice to help them be prepared when they open their bills,” Miami City Manager Bo Reese said. “It’s frustrating and not the news we want to give, especially now.”
The GRDA is now charging the City 42.72 mills per kilowatt-hour (kWh) for July 2022, compared to last month’s 39.33 mills per kWh.
GRDA Chief Executive Officer Dan Sullivan says fluctuating natural gas prices are the primary driver for higher energy prices within the Southwest Power Pool.
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