Oklahoma Ranked in Top 10 for Business Costs and Economic Climate - Forbes Best States for Business, 2017 

The PSO Region

Public Service Company of Oklahoma (PSO), AEP’s operating company, spans 45 counties in eastern and southwestern Oklahoma. We offer a single, convenient source for prospective businesses to access the people and information needed to expand or locate in our 30,000 square-mile service territory.

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Find the best site in Oklahoma to grow your business. Search our portfolio of certified sites, or all available sites and buildings.

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Advantages to Doing Business in Oklahoma

Location & Infrastructure

  • Oklahoma’s central location allows a market reach to over 80 million consumers within a 500-mile radius—one-fourth of the American population.
  • The 2,500-acre Tulsa Port of Catoosa, one of the largest, most inland ice-free river port in the U.S., handles two million tons of cargo every year – This port along with two others supplies 20 states by water
  • Oklahoma has 12,000 miles of highway moving 500 million tons per year; PSO’s territory provides easy access to Interstates 40, 44, and 35
  • Airports in Oklahoma City, Tulsa, and Lawton are among 137 public-use airports in Oklahoma, 43 of which are jet capable
  • Twenty rail operators provide Class I and II service throughout the state on 3,850 miles of rail, shipping 226 million tons per year


Business Climate

  • Corporate Income Tax: 6%
  • Sales and Use Tax: 4.5% state rate; local entities may add to the rate – The average city sales tax rate is 2.1%, and the average county sales tax rate is 1.2%
  • Oklahoma has a comprehensive sales tax exemption for manufacturers who obtain a Manufacturer’s Sales Tax Exemption Permit from the Oklahoma Tax Commission
  • Property Tax: Levied on both real and tangible personal property at the county level; the effective property tax rate averages about 1% for real and personal property, exercised as a percentage of fair cash value
  • Oklahoma has a Freeport Exemption on qualified inventory that come from outside the state and leave the state within nine months if such goods, wares, and merchandise are held for assembly, storage, manufacturing, processing, or fabricating purposes within the state
  • Oklahoma is a right-to-work stateText_Incentives_2
  • The state offers a wide variety of economic development incentives, with options including cash-back
    incentives, tax credits, and bond financing to accelerated depreciation

Workforce & Education

Pie Chart of Oklahoma's Sectors of Employment

  • Many counties that PSO serves have been designated “Work Ready” by the Oklahoma Department of Commerce, a prestigious workforce certification program
  • Oklahoma has 25 colleges and universities and 57 technology centers, many with customized industry training
  • Worker availability in key occupations:
Table of Workers (2015)
Jobs  Average Hourly Earnings
STEM 70,907  $31.40
Engineers 17,401  $41.52
Business 73,868  $27.83
Automotive Production 58,922  $16.02
Source: EMSI 2017.2

Electric Service

  • We offer competitive electric rates that are lower than the Oklahoma state average and nearly 30% below the national average.

  • With our WindChoice Program, you can buy one hundred percent Oklahoma wind power for your business – You can purchase part or all of your electricity from this wind resource to help meet your renewable goals
  • We can help you manage your energy bills with programs that provide cash incentives for the installation of small and large businesses
  • PSO owns 3,942 MW of generating capacity
    • Natural Gas 72.1%
    • Wind 18.7%
    • Coal 9.2%
  • PSO operates 3,712 transmission miles and 22,260 distribution miles in Oklahoma

Oklahoma is a recognized leader in economic development.

  • #5 for Business Costs – Forbes Best States for Business, 2017
  • #5 for Cost of Living – CNBC Top States for Business, 2017
  • #7 for Economic Growth Potential – Business Facilities Magazine, 2017
  • #9 for Workforce Training Program – Business Facilities Magazine, 2017

Key customers include:

  • American Airlines
  • Bama
  • Conoco
  • Fort Sill
  • Goodyear
  • Holly Refining
  • HP Enterprises
  • International Paper
  • Kimberly Clark
  • Phillips 66
  • Spirit Aerosystems

The principal industries we support are:

  • Aviation and Aerospace
  • Defense
  • Oil and Gas Extraction
  • Petroleum Refining
  • Plastics and Rubber Products
  • Transportation Equipment
  • Wood/Paper Products


Janet Smith

Janet Smith

Manager of Economic and Business Development

Public Service Company of Oklahoma


Email Me

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