On March 17, 2017, Oncor Electric Delivery Company LLC (Oncor or Company) filed an application with cities retaining original jurisdiction to change the Company's rates. In the filing, Oncor seeks to increase system-wide transmission and distribution rates by $317 million, or approximately 7.5 percent, over present revenues. The Company asks the City of Fort Worth (City) to approve an 11.8 percent increase in residential rates and a 0.5 percent increase in street lighting rates. If approved, a residential customer using 1000 kWh per month would see a bill increase of about $6.68 per month.
Fort Worth works collectively with 158 other cities through the Steering Committee of Cities Served by Oncor (Steering Committee) to address electric utility issues, including reviewing and making recommendations on rate filings. In March the Steering Committee engaged the services of three consultants, Mr. Lane Kollen, Mr. Richard Baudino and Mr. Karl Nalepa, to review Oncor's application. The consultants identified numerous expenses as being unreasonable and proposed significant reductions to Oncor's request. Accordingly, the Steering Committee's attorneys recommend that all members, including the City, take action to deny the rate change. Once the Ordinance is adopted, Oncor will have 30 days to appeal the decision to the Public Utility Commission of Texas where the appeal will be consolidated with Oncor's filing (i.e. PUC Docket No. 46957) currently pending at the Commission. This M&C does not request approval of a contract with a business entity. |
