Oncor is raising its rates, and Dallas is trying to stop it.
A runner passes the Oncor Cedar Hill Switchyard as the sun beats down on Monday, July 11, 2022, in Dallas.The city of Dallas, along with 168 other North Texas cities, is pushing back against Oncor’s request to raise its electric utility rates for residents.
to “recover significant system investments” and meet growth needs across the state, according to its website. Since 2017, Oncor has invested more than $10 billion in upgrading infrastructure “in order to provide a safer and smarter electric grid.” The company last filed a rate review in 2017, which resulted in its current rates at a fixed monthly amount of $3.42 and a 4 cent multiplier for the amount of electricity used per month. Under the proposed rate case, Oncor’s fixed monthly rate will go up by 90 cents at $4.32, and the multiplier will go up to 4.4 cents.
But Oncor can’t raise rates on its own. The Public Utility Commission, the government agency responsible for regulating the state’s electricity programs, must approve the rate increase; however, regulatory authorities, such as the city of Dallas, are allowed to weigh in.
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