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.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.