Killeen Daily Herald: Oncor Reports Third Quarter 2020 Results

Nov. 5 — Oncor Electric Delivery Company LLC (“Oncor”) today reported three months ended September 30, 2020 net income of $258 million compared to net income of $263 million in the third quarter of 2019. The $5 million period over period decrease was primarily driven by unfavorable weather and increases in operating costs and expenses attributable to ongoing invested capital, including depreciation and amortization, interest expense and taxes other than income, partially offset by increases in revenues from rate updates to reflect greater invested capital.

— Killeen Daily Herald