Oncor To Refund To Retail Electric Providers Additional Interest Rate Savings

Oncor has filed at the Texas PUC to refund to retail electric providers additional interest rate savings related to its acquisition by Sempra.

Oncor proposes to refund a $1,493,508 balance in a regulatory liability account concerning interest rate savings in a similar fashion as previous refunds -- over a one-month period during the December 2019 billing month (beginning on November 25, 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 filing, Rider ISR - Interest Savings Refund would be as follows, effective November 25, 2019, and applicable for one billing month as described above:

Rider ISR - Interest Savings Refund (11/25/19)

Residential                $0.000147 per kWh
Secondary 
   ≤ 10 kW                 $0.000151 per kWh
   > 10 kW                 $0.025306 per kW
Primary 
   ≤ 10 kW                 $0.000084 per kWh
   > 10 kW - Distribution  $0.012780 per kW
   > 10 kW Substation      $0.003040 per kW
Transmission Service       $0.000572 per kW
Lighting Service           $0.000323 per kWh

*Note all per kW amounts are per billing kW

Docket 49936