According to Directorship Magazine, the state of Oklahoma ranks high among states “for business” due to our low litigation rank, favorable tax climate, low costs of living and labor and high quality of life. Among others, Oklahoma ranked better than neighbors Kansas, Missouri, Arkansas and Louisiana.
(June 1, 2009)
RESIDENTIAL MONTHLY UTILITY COSTS
|
Region |
Water 1000 cf |
Sewer 1000 cf |
Electric 500 kwh |
Electric 1,000 kwh |
Natural Gas Per 1000 cf |
|
OKC MSA |
$19.04 |
$28.15 |
$46.90 |
$77.12 |
$10.67 |
Source: Raftelis Financial Consulting, 2006; Edison Electric Institute, 2007; Energy Information Administration, 2008.
INDUSTRIAL MONTHLY WATER AND SEWER COSTS
|
Region |
Water 1M CF |
Sewer 1M CF |
Total Water & Sewer |
|
OKC MSA |
$14,359 |
$28,197 |
$42,555 |
Source: Raftelis Financial Consulting, 2006; Local utility providers, 2008.
INDUSTRIAL MONTHLY ELECTRIC AND GAS COSTS
|
Region |
Electric 1000 kw / 400 MWH |
Electric 5,000 kw / 1,500 MWH |
Natural Gas (per 1000 cf) Commercial |
Natural Gas (per 1000 cf) Industrial |
|
OKC MSA |
$21,868 |
$70,950 |
$11.07 |
$11.07 |
Source: Edison Electric Institute, 2007; Energy Information Administration, 2008; Local utility providers, 2008.
PERSONAL TAXES
|
Region |
Sales Tax State |
Sales Tax County |
Sales Tax City |
Sales Tax Total |
Effective Real Property Tax Rate |
Personal Income Tax Rate Low |
Personal Income Tax Rate High |
|
OKC MSA |
4.5% |
0.0% |
3.9% |
8.4% |
1.11% |
0.5% |
5.7% |
Source: Federation of Tax Administrators, State Tax Rates 2007, Various state revenue departments, 2008.
BUSINESS TAXES
|
Region |
Sales Tax |
Corporate Income / Franchise |
Unemployment (% of payroll) |
Taxable Wage Base |
Workers Comp. (per $100 payroll) |
Inventory |
|
OKC MSA |
8.38% |
6.00% |
1.50% |
$13,600 |
$2.96 |
Yes |
Source: Research Institute of America, All States Tax Handbook, 2008; Oregon Dept of Consumer and Business Services, 2006.
OG&E ELECTRIC SERVICES
800.272.9741
405.272.9741
Partnership Contact: Richard Clements
PO Box 321, MC 206
Oklahoma City, OK 73101
Oklahoma County
Phone: (405) 553-3974
Fax: (405) 553-3838
Email: clemenrd@oge.com
OKLAHOMA NATURAL GAS CO.
800.664.5463
Partnership Contact: Jim Stout
P.O. Box 871
Tulsa, OK 74102-0871
Phone: (918) 831-8374
Email: jstout@ong.com
CITY OF OKLAHOMA CITY – UTILITY CENTER
405.297.2833
420 W Main
Oklahoma City, OK 73102
Fax: (405) 297-2803
Web: http://www.okc.gov/water/index.html
AT&T
800.664.5463
Contact: C. Mark Williams
Area Manager – External Affairs
405 N. Broadway, Room 247
Oklahoma City, OK 73102
Phone: (405) 291-5519
Email: mwilliams@att.com
PIONEER TELEPHONE COOPERATIVE
800.664.5463
Partnership Contact: Toni Pickle
PO Box 539
Kingfisher, OK 73750
Phone: 405-375-0374
Email: tlpickle@ptci.com