Cost Competitive Expansion
Oklahoma’s expertly tailored policies, programs and incentives positively affect your business’s bottom line.
Oklahoma’s industrial electrical power costs are 22% lower than the national prices at 5.52¢/kWh. That difference adds up, with Oklahoma’s industrial businesses saving $25,100 per 1,000,000 kWh.
We know energy, and you reap the rewards. Unlike Texas, Oklahoma is part of the Southwest Power Pool where our blend of natural gas, coal, wind, solar, geothermal, and hydropower sources provide cleaner, more reliable power, all at significant savings.
22% lower industrial electrical prices
It gets better. Even lower rates can be negotiated based on your business’s specific power requirements. Talk to our team to find out how. Call 800-588-5959.
At the Center
Located at the crossroads of North America – and with one of the largest inland, ice-free ports – means low business costs whether your supply chain is across the street or stretches around the globe.
Oklahoma’s multi-modal transportation infrastructure speeds your goods to market, all at lower costs. Learn more about how our transportation infrastructure can work for your business.
“It is not unusual for our customers to realize $100,000 or more in savings on a cargo shipment by barge from the Tulsa Port of Catoosa to the Gulf.”
— Alan Jackson, President, HSI Inc.
Low, Fair Taxes
Oklahoma’s tax climate provides a boost during the crucial operations start-up phase and continues with stability and affordability as your business grows.
- 5% cash back incentive
- Five-year ad valorem tax exemption
- 6% corporate tax rate
- Five-year investment/new jobs tax credit package
- Sales tax exemptions, and more…
Oklahoma’s tax climate is good for your business.
Some states tilt the playing field with their tax policies which benefit some industries over others. Not in Oklahoma. According to the Tax Foundation, our business tax climate is more economically balanced, and benefits all businesses that call our state home.
Oklahoma is a constitutional Right to Work state with low unemployment insurance taxes and programs significantly reducing hiring and training start-up costs. From finding talent to custom training, the Oklahoma Team goes to work for you.
Our Talent Acquisition Team is like adding a recruitment specialist to your HR department. We assist you with your talent search with customized labor market analyses, hiring events and more.
The renowned Training for Industry Program provides customized training programs, all at little to no cost and delivered through the state’s CareerTech system.
Let’s Work Together
The Oklahoma Team will work with you to meet the specific needs of your project. Contact us today to get started. Call the Oklahoma Team at 800-588-5959.