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Customer Engagement & Experience
Kinsey Grant Baker
Kinsey Grant Baker
Energy Central Team
 · Posted in Customer Engagement & Experience

NEWS: Oncor to propose rate increase, says 5-year capital expenditures could ‘soar’ by $12B

Oncor is asking Texas regulators to increase its base rates by some $834 million. Customer bills could climb about 4.7%, should Texas’s PUC approve the plan. (Utility Dive)

  • Oncor (the largest transmission and distribution system in Texas) wants to up rates to support investments in its $36 billion five-year capital spending plan.

  • About 45% of Oncor’s proposed rate increase would address storm-related damages. The utility averages about one major storm in its service territory every 12 days.

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