A typical residential customer would see a $1.60 increase in a monthly electric bill under a rate case settlement that Oncor Electric Delivery filed Wednesday with the Texas Public Utility Commission, which is expected to consider approval as early as May 26.
The increase is based on consumption of 1,300 kilowatt hours, Oncor spokeswoman Catherine Cuellar said.
Oncor previously estimated that the typical increase would be $2.35, but revised it to $1.60 after further calculations.
The rate hike would occur in two steps, on July 1 and Jan. 1.
Read more: http://www.star-telegram.com/2011/05/11/3068908/oncor-rate-case-settlement-to.html#ixzz1MWuALNp0
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.