Our company’s 118-year history is built upon our commitment to stewardship. It requires that we balance the interests and needs of all our stakeholders. We focus on delivering reliable and affordable electricity to our customers, maintaining a culture of innovation and environmental stewardship, and serving the needs of our communities now and in the future. The examples are many, but a few stand out as examples of how this commitment comes to life each day.
- OG&E’s rates are consistently among the lowest in the country. S&P Global recently recognized the company as providing power at the lowest average retail price in the nation in 2018. Rates today are more than 30% below the national average.
- OG&E is among industry leaders in reducing its operational footprint. This includes limiting air and water impacts, preserving wildlife, educating youth and other stakeholders, advancing industry-leading vegetation management practices, recycling waste materials, planting trees and sponsoring events and activities benefiting related causes. What does this look like?
- Our actions to date reinforce our commitment to reducing our environmental footprint. Today, we are at the forefront of our industry. Sulfur dioxide (SO2) emissions have decreased by approximately 90%, nitrogen oxide (NOx) by approximately 75% and carbon dioxide (CO2) by over 40%, below 2005 levels.
- As part of our continuous and sustainable decline in emissions over time, we expect to reduce our CO2 emissions to 50% below 2005 levels by 2030.
- By 2050, we expect to retire 95% of our current fossil-fueled generation, replacing it with newer technology.
- Each year, the company returns 98% of the water it uses to generate electricity. Also, two of our plants use water from municipal wastewater treatment facilities, conserving 2.27 billion gallons of fresh water annually.
- OG&E supports a robust renewable energy marketplace, providing connectivity to nearly 7,000MWs of wind and solar energy.
- We believe that we are only as strong as the communities we serve. As the single largest payer of ad valorem payments in Oklahoma, OG&E annually pays approximately $80 million, which benefits schools and communities.
- In 2019, our OGE Energy Foundation donated more than $1.8 million to worthy causes, and our employee contributions consistently place our annual United Way campaign among the top campaigns in our area, raising more than $1.2 million in 2019.
- Our employees annually spend nearly 20,000 hours volunteering their time and energy to many nonprofit and civic organizations.
- OG&E’s economic development and sales teams work with community and business leaders to retain and attract new and diverse industries to the cities and towns across our service area. In 2019, this partnership led to more than 5,400 new jobs, $1.5 billion in capital investment and 175 MW of new load within the OG&E service area.
- OGE Energy Corp. was named a Winning ‘W’ Company by 2020 Women on Boards for achieving and maintaining 20 percent women on its board of directors.
A balance of delivering reliable and affordable electricity to our customers and maintaining a culture of innovation and environmental stewardship will serve the needs of our communities now and in the future.