TX · electric · 53601
Closed case·Complete·Authorized
The case reset Oncor's comprehensive base rates after substantial capital investment and established the baseline used by subsequent distribution-cost recovery proceedings.
Oncor requested a $251 million, or 4.5%, annual retail base-revenue increase. The PUCT's order on rehearing established a $5.548 billion base-rate revenue requirement and a 9.7% ROE.
Jun 30, 2023
Not scheduled
Case stage
complete
Filed
May 13, 2022
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Apr 6, 2023
Rates effective
Current stage
State rules
This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.
Full base-rate review
At least every four years
A regulated electric utility generally must initiate a comprehensive base-rate proceeding at least once every four years, subject to the statutory waiver process.
Rate period: Historical test year in the comprehensive rate filing.
Governing rule ↗Between full reviews
Distribution Cost Recovery Factor
Up to twice per year
A DCRF updates distribution rates for eligible capital investment placed in service since the last comprehensive rate case. The investment is reconciled in a later base-rate proceeding.
Governing source ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | $251M Annual utility request | Not available Authorized value not captured | — |
| Rate base | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Return on equity | 10.3% Prior authorized observation · May 13, 2022 | 9.7% Prior authorized observation · Jun 30, 2023 | +60 bps |
| Common equity ratio | 45% Prior authorized observation · May 13, 2022 | Not available Authorized value not captured | — |
| Residential bill impact | Not available Not captured in current case sources | Not available Authorized value not captured | — |
Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.
Annual revenue change
authorized · Historical test year ended December 31, 2024 · Apr 17, 2026
$560M
Common equity ratio
authorized · Authorized common-equity share of Oncor's regulatory capital structure. · Apr 17, 2026
43.5%
Rate base
authorized · Historical test year ended December 31, 2024 · Apr 17, 2026
$26,452.29M
Return on equity
authorized · Authorized return on common equity for Oncor proceedings and filings requiring the capital inputs approved in Docket 58306. · Apr 17, 2026
9.75%
3 events · 4 documents · 4 citations
Material filings, hearings, orders, and effective dates.
May 13, 2022
Base-rate application filed
official commission · completed
Apr 6, 2023
Final order issued
official commission · completed
Jun 30, 2023
Order on rehearing issued
official commission · completed
Docket and evidence documents linked to this proceeding.
PUCT order on rehearing
evidence · primary · Jun 30, 2023
PUCT preliminary order
evidence · primary · Jun 30, 2022
Oncor application for authority to change rates
evidence · primary · May 13, 2022
Oncor capital-structure testimony
evidence · primary · May 13, 2022
Field-level excerpts and review metadata supporting material facts.
Oncor application for authority to change rates
utility filing · May 13, 2022
Oncor capital-structure testimony
utility filing · May 13, 2022
PUCT order on rehearing
commission order · Jun 30, 2023
PUCT preliminary order
commission order · Jun 30, 2022
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Annual revenue change | utility request | party-utility | — | $251M | |
| Common equity ratio | utility request | party-utility | — | 45% | |
| Return on equity | authorized | party-commission | — | 9.7% | |
| Return on equity | utility request | party-utility | — | 10.3% |