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