Residential electricity consumers would see a $2.35 increase in a typical monthly electric bill under a proposed settlement of a rate case filed by Oncor Electric Delivery, the major transmission and distribution company serving North Texas.

Oncor spokeswoman Catherine Cuellar told the Star-Telegram late Friday that the company “has an agreement in principle” with intervenors in the case, including the Steering Committee of Cities Served by Oncor, which includes more than 140 cities, among them Arlington, Fort Worth and other Tarrant County cities.

Under the settlement, Oncor’s annual revenue would increase by $136.7 million, Cuellar said.