Electricity distribution company Oncor is raising rates to pay for an estimated $81 million in new power grid infrastructure. The increase amounts to an...
Many of the nation’s tollways operate in a handful of states. Unlike other states, Texas lags behind in toll discount programs.
An Oncor crew member works to restore power on Junius Street after flooding, Aug. 23, 2022, in Junius Heights in Dallas.AUSTIN – North Texas residents could see an increase to their electricity bills after state power grid regulators approved a rate hike Thursday for the company that owns power lines in Dallas-Fort Worth.
Oncor is seeking to raise more than $81 million from the higher rate for new power line infrastructure. “Even with this change, Oncor rates continue to be among the lowest electric delivery rates of any investor-owned utility in Texas,” Cano Valdespino said.to the utility commission last month saying the point of the legislation was to mimic how similar rate hikes are handled for another component of power line companies’ revenue streams.
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