OGE · 10-Q · 2026Q1 · Full report

Fuel Clause Over Recoveries

OGE ENERGY CORP. · 2026-04-29 · Importance 32 · Surprise 24

Fuel Clause Over Recoveries increased $28.2 million during the quarter, driven by higher recoveries from OG&E retail customers relative to the actual cost of fuel and purchased power. The build in over-recovery affects working capital and cash collections as fuel costs flow through recoverable mechanisms rather than earnings. This change also contributed to the increase in net cash provided by operating activities. The company continues to manage timing and recovery of fuel and purchased power costs through regulatory mechanisms.

Key facts