Oklahoma (OK) electricity and natural gas rates
Electricity
14.35¢
per kWh
Natural gas
$3.78
per therm
Gas and electricity in the same unit
A therm is 29.3 kilowatt hours of energy, so Oklahoma's gas works out at 12.91¢ per kWh against 14.35¢ for electricity.
That compares the energy you buy, not the heat you get. A furnace throws away a fifth of every therm up the flue, while a heat pump delivers two to three times the heat in a kilowatt hour — so the cheaper unit here is not automatically the cheaper way to heat a house.
Residential sector, US Energy Information Administration, 2026-07. Updated monthly.
How Oklahoma compares
At 14.35¢ per kWh, Oklahoma is below the national average of 19.26¢, making it the 10th cheapest of the 51 states we track.
What a typical Oklahoma household uses
Electricity a month
1,052 kWh
Bill a month
$144
Households in Oklahoma use 22% more electricity than the national average and end up with a bill close to it. Cheap power absorbs most of that: the meter turns faster here, but at 14.35¢ each unit costs less than it does nationally. Cooling explains most of it: Oklahoma runs about 2,000 cooling degree days a year against 3,500 heating ones, so summer, not winter, sets the bill.
More on this: the average electric bill in Oklahoma, including how far it swings between seasons.
Averaged over twelve months across 1,924,766 residential accounts in Oklahoma. Source: EIA.
What this means for heating
Oklahoma sees around 75 freezing nights a year. Whether a heat pump beats a furnace here depends on the gap between those two prices above — not on the equipment.
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Average electric bill in Oklahoma
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