Title
Approving a resolution denying Oncor Electric Deliver Company LLCs application to increase rates related to Oncor's statement of intent to increase rates filed on or about May 13, 2022; requiring the reimbursement of municipal rate case expenses; finding that the meeting complies with the open meetings act; making other findings and provides related to the subject; and declaring an effective date.
Summary
On or about May 13, 2022, Oncor Electric Delivery Company LLC (“Oncor” or “Company”) filed a Statement of Intent to increase its revenues by approximately $251 million, which equates to a net increase of approximately 4.5% in Oncor’s overall revenue. Oncor proposes to implement its proposed increase in rates effective June 17, 2022.
Earlier, sometime in June, 2022, the City took its initial action on Oncor’s application and suspended Oncor’s proposed effective date to keep Oncor’s proposed rates from going into effect.
Oncor filed its Statement of Intent to raise rates with the City and with the Public Utility Commission of Texas (“PUCT”) on the same date, May 13, 2022. Because Oncor filed its application with the City and with the PUCT on the same date, the City, as part of the Alliance of Oncor Cities (“AOC”) intervened in the proceedings before the PUCT.
During the suspension period, through AOC the City participated in the proceedings, including hearings, at the PUCT. AOC through its Special Counsel, Herrera Law & Associates, PLLC, engaged rate consultants to evaluate Oncor’s proposal to increase rates and is participating in the hearings being held as directed by the PUCT. The hearings regarding Oncor’s application to increase rates are expected to run through October 5, 2022, after which the administrative law judges’ (“ALJs”) will issue a proposal for decision (“PFD”). The ALJs’ proposal for decision will be presented to the PUCT commissioners likely some time in February, 2023, for a final decision.
While there were numerous issues ra...
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