Efficient Financing & Incremental Investment Opportunities slide image

Efficient Financing & Incremental Investment Opportunities

MACRO ENVIRONMENT • DEMOGRAPHIC GROWTH Texas growing by 1,000 people a day1 Dallas Fort Worth gained more | residents over the past decade than any other metro area in the U.S., leading metro areas for the 2nd decade in a row² Oncor has served over the past decade 3 of the top 15 fastest growing cities and 4 of the top 10 fastest growing counties in America³ Texas is one of the top two states in the nation for net inbound U-Haul traffic for the 5th year in a row • SYSTEM GROWTH 77,000 additional premises added in 2020 2.2% premise growth as of 20205 Economic development RFI is up 60% from 2020, a record year for economic development activity6 Historic transmission point of interconnection growth at Oncor Strong West Texas growth 2020 Far West Texas peak demand exceeded 2019 demand 2020 demand on the Culberson Loop, which primarily serves the Delaware Basin, exceeded the 2019 peak by 23% RENEWABLE INTEGRATION In 2020, wind was a greater share of the generation mix in ERCOT than coal 157,000 MW of generation under study in ERCOT8 91,800 MW of solar 33,700 MW of storage 23,800 MW of wind 7,600 MW of gas The largest solar project in the U.S. is. currently under construction in Oncor's service territory Samson Solar Energy Center: 1,300 MW Oncor's service territory offers one of the most attractive organic investment opportunities in North America 1. Amount is approximate. Houston Chronicle. 2. Amount is approximate. Cushman & Wakefield: Demographic Shifts - The World in 2030. 3. 4. U.S. Census Data. U-Haul Data. 5. Amount is approximate. Per Oncor's average growth per year over the five years ended 12/31/2020 in the number of distribution system points of delivery as reported in its Annual Reports on Form 10-K. Request for Information (RFI). 5698 7. ERCOT Fact Sheet: February 2021. 8. Amounts are approximate. ERCOT Data, May 2021. 40 SEMPRA
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