Efficient Financing & Incremental Investment Opportunities
POLICY LANDSCAPE
Constructive Regulatory Environment
Rate Base
7% Projected 5-Year CAGR | $17.2B1
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PUCT Authorized
42.50% Common Equity²
Equity Layer
Authorized ROE
9.80% PUCT2
Wires-Only
Transmission + distribution infrastructure
DCRF | TCOS³
97% of capex is tracker eligible
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•
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ONCOR'S STRONG TRACK RECORD OF
DELIVERING VALUE FOR TEXAS
Long history of service to customers and state
Among the lowest rates of any Texas IOU
Rate case extension request filed with PUCT4
Excellent O&M discipline
Top decile T+D O&M per MWh delivered
Top decile T+D gross plant in service
Strong track record of safe and reliable service
Texas' growth and needed infrastructure to support grid resiliency will help drive future investments
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Projected rate base CAGR from 2020-2025. Rate base figures reflect 100% of Oncor's actual year-end rate base as of 12/31/2020. Actual amounts/results may differ materially.
Public Utility Commission of Texas (PUCT). At 12/31/2020.
4.
Distribution Cost Recovery Factor (DCRF). Transmission Cost Recovery Factor (TCOS).
PUCT Docket No. 52100, requesting extension of filing deadline to 6/1/2022.
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