Oncor Proposes New Rider To Provide Retail Providers With Refunds For Interest-Related Savings

Oncor has filed at the Texas PUC to implement Rider ISR — Interest Savings Refund to refund to retail electric providers certain interest-rate savings resulting from its acquisition by Sempra, in accordance with a previously adopted stipulation

Oncor proposes to refund the $816,629 balance in the regulatory liability account at February 28, 2019 over a one-month period during the June 2019 billing month (beginning on May 24, 2019 for retail customers) using a Texas SET SACO4 code RRR008 identified as Merger Savings Credit and an SAC15 description of Interest Savings Refund.

Under Oncor's Tariff for Retail Delivery Service, Oncor's proposed amounts for Rider ISR — Interest Savings Refund are as follows:

                             Refund Factor
Residential                $0.000066 per kWh
Secondary 
   ≤ 10 kW                 $0.000080 per kWh
   > 10 kW                 $0.013288 per kW
Primary 
   ≤ 10 kW                 $0.000041 per kWh
   > 10 kW - Distribution  $0.007158 per kW
   > 10 kW Substation      $0.001935 per kW
Transmission Service       $0.000334 per kW
Lighting Service           $0.000169 per kWh

Note: all per kW amounts are per 
   Distribution System Billing kW

Docket 49314