Oncor wins Texas rate order lifting annual revenue requirement to $7 billion

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  • Texas regulators issued a final order in Oncor comprehensive base rate review, setting annual revenue requirement at about $6.97 billion.
  • Order lifts annual revenue by about $560 million, up 8.7%, versus adjusted annualized revenues in rate application.
  • PUCT reset capital structure to 56.5% debt, 43.5% equity, authorizing 9.75% return on equity.
  • Oncor gained rate recovery for $200 million annual self-insurance reserve accrual for storm costs.
  • Oncor can seek a surcharge for billing-rate gap from Jan. 1, 2026 until new rates take effect 45 days from April 17, 2026.


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