WACO – Oncor customers in Waco will soon see an increase in their electricity bills.

The City Council approved a negotiated rate hike that was less than half what Oncor originally asked for.

The average homeowner will see a monthly bump of about $2.35. Oncor had asked for a 5-dollar hike.

Waco is part of a 160-city coalition statewide that negotiated that settlement. That provider had filed for a 14.6% rate increase, or about $353 million dollars.

They settled for a 6.2 percent residential hike over the next two years.

Article by KXXV, News 25 in Waco.