On a scorching summer afternoon, air conditioners run for hours. If you live in Oklahoma or around Fort Smith, Arkansas, that power may well come from Oklahoma Gas and Electric (OG&E), the largest electric company in Oklahoma, with about 919,000 customers. OGE Energy owns it. OG&E runs power plants, many fuelled by coal and natural gas, plus the lines that carry electricity to homes and businesses. It need not win customers from rivals: it holds the right to serve its area, and regulators decide what it may charge.
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