AEP Texas Provides Per-Customer Amount For Credit To Be Provided To Former Oncor Customers In McAllen Territory Acquired By AEP

AEP Texas has filed with the Texas PUC the per-customer amount of a credit that will be provided to transitioned customers as part of its acquisition of Oncor's distribution assets in the McAllen/Mission area of Hidalgo County

AEP Texas will establish a new AEP Texas Central ESI ID for each existing ESI ID currently assigned to Oncor that is affected by the transfer of the service area. Active transitioned Retail Customer premises, associated with all applicable tariffs identified on the transfer date are eligible for the credit.

The credit (Rider STC) will be, for all Rate Schedules, $29.32 per customer

The credit will be applied during the effective billing month of January 2020.

In the event that a one-time bill credit would result in a negative wires charge amount to be billed to a transitioned Retail Customer premises, AEP Texas shall credit such premises the amount of the bill credit over a period of up to three months. After such period the credit rider will terminate.

The per-customer credit amount listed above was arrived at by dividing the $90,000 total credit approved as part of the transfer by the 3,070 transferred Retail Customer premises identified on the date of the transfer of assets.

Docket 50126