SPOTLIGHT | PORT ARTHUR LNG PHASE 1 slide image

SPOTLIGHT | PORT ARTHUR LNG PHASE 1

SEMPRA TEXAS | ONCOR BASE RATE REVIEW SUMMARY' Equity Layer/ROE2 Test Year Effective Period Rate Review Oncor Requested 45% / 10.3% (Authorized 42.5% / 9.8%) 2021 (historical)³ Estimated 2023-20264 Cost of capital, cost of service (O&M), prudency review for new assets in service Final order expected by end of Q1-2023 Key Dates Post-Rate Case Update Mechanism 1234 2. 3. 5. TCOS/DCRF5 Oncor's base rate review is subject to PUCT approval. The final approved decision and decision timing may differ materially and adversely from any and all requests made therein. Represents request in base rate review. Docket Number: 53601. Authorized numbers reflect current regulatory capital structure and ROE. Represents actual year-end 2021 revenue with certain adjustments. Revenue request of 4.5% increase over current adjusted rates. Based on PUCT rule that base rate review must be filed every four years. However, the PUCT or cities with jurisdiction over rates can call Oncor in for a base rate review, or Oncor can request a base rate review, prior to that time. PUCT rules permit filing of DCRF once a year and TCOS twice a year to recover certain capital investments. SEMPRA 14
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