Oncor Seeks To Increase DCRF Charge Applicable To Retail Providers, With 185% Increase For Residential Service

Oncor has filed at the Public Utility Commission of Texas to update its Distribution Cost Recovery Factor (DCRF), a charge applicable to retail electric providers taking delivery service

Oncor seeks authorization to implement the following DCRFs, effective September 1, 2019:

Proposed DCRF, 9/1/19
Residential                $0.000523 per kWh
Secondary 
   ≤ 10 kW                 $0.000556 per kWh
   > 10 kW                 $0.109926 per kW
Primary 
   ≤ 10 kW                 $0.000244 per kWh
   > 10 kW - Distribution  $0.051828 per kW
   > 10 kW Substation      $0.013355 per kW
Transmission Service       $0 001297 per kW
Lighting Service           $0.001803 per kWh

*Note all per kW amounts are per billing kW

For comparison, Oncor's current DCRFs are as follows:

Current
Residential                $0.000183 per kWh
Secondary 
   ≤ 10 kW                 $0.000190 per kWh
   > 10 kW                 $0.037928 per kW
Primary 
   ≤ 10 kW                 $0.000092 per kWh
   > 10 kW - Distribution  $0.019495 per kW
   > 10 kW Substation      $0.005353 per kW
Transmission Service       $0.000486 per kW
Lighting Service           $0.000595 per kWh

*Note all per kW amounts are per billing kW

Oncor stated in its application that it invested $838,823,298 in net distribution system invested capital booked in FERC Accounts 303, 352, 353, 360-374, 391, and 397 during the period January 1, 2017 through December 31, 2018. The company's total distribution revenue requirement associated with allowed return, depreciation, income and other taxes on its net distribution invested capital during that period is $84,746,424. Adjusted for load growth, the total distribution revenue requirement is $44,633,617. Compared to the revenue requirement of $15,199,813 agreed to and approved in Docket No. 48231, Oncor's filing seeks to increase the company's total distribution revenue requirement by approximately $29,433,804.

Docket 49427