Economic Development Incentive Credit
We’re proud to offer our Economic Development Incentive Credit (EDIC) to companies that invest in property and create jobs within our service area. The EDIC rewards qualifying companies for locating within our Oklahoma service territory.
Learn more about the EDIC Tariff
Meet the companies taking part in OG&E’s incentive offerings.
Supporting Food Manufacturing
Our incentive credit for Mom’s Meals, a provider of home-delivered meals owned by PurFoods, made it easier for the company to find a new location in Oklahoma. “PurFoods, LLC is very excited about its choice of Oklahoma City, which was made based on numerous factors, including the economic incentives offered by the State and OG&E,” says Matt Koopman, PurFoods Chief Financial Officer.
Our work with Dollar General – including our incentive credit – enabled the company to choose Oklahoma for its new distribution site. “The availability of the OG&E Economic Development Incentive Credit helped Dollar General bring a new distribution center to Ardmore, Okla. – generating $26 million of local investment and projected to create about 70 jobs,” says Mark Payne, Dollar General Director of Supply Chain Operations.