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TX · electric · 58306

Oncor — 2025 general rate case

Closed case·Complete·Authorized

OncorSempraPublic Utility Commission of TexasOfficial docket not linkedVerified Jul 20, 2026 · 1 document · 3 citations

Bottom line

The April 2026 order resets Oncor's comprehensive base-rate economics after rapid transmission and distribution investment; new rates became effective June 1, 2026.

Case summary

The PUCT approved an unopposed agreement authorizing a net $560 million annual base-rate revenue increase for Oncor, a 9.75 percent ROE, a 43.5 percent equity ratio, and $26.452 billion of test-year-end rate base.

Latest development
Authorized base rates became effective

Jun 1, 2026

Next event
No scheduled event

Not scheduled

Docket review
Jul 20, 2026
Economics review
Jul 20, 2026

Case stage

Regulatory process

complete

  1. Filed

    Jun 26, 2025

  2. Testimony

    Not recorded

  3. Hearings

    Not recorded

  4. Briefing

    Not recorded

  5. Decision

    Apr 17, 2026

  6. Rates effective

    Jun 1, 2026

State rules

What Texas reopens—and when

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 ↗
View the full Texas regulatory framework →

Commission decision

Economics

Utility request and Commission-authorized outcome.

MetricUtility requestAuthorized outcomeLike-for-like difference
Annual revenue increase

$833.6M

Historical test year ended December 31, 2024

$560M

Historical test year ended December 31, 2024 · Apr 17, 2026

Not compared: scope, gross/net basis differ

Rate base

Not available

Not captured in current case sources

$26,452.29M

Historical test year ended December 31, 2024 · Apr 17, 2026

Return on equity

Not specified

Total company rate-case request or Commission-authorized outcome · Apr 17, 2026

9.75%

Authorized return on common equity for Oncor proceedings and filings requiring the capital inputs approved in Docket 58306. · Apr 17, 2026

Not compared: scope differ

Common equity ratio

Not available

Not captured in current case sources

43.5%

Authorized common-equity share of Oncor's regulatory capital structure. · Apr 17, 2026

Residential bill impact

Not available

Not captured in current case sources

Not available

Authorized value not captured

Utility context

Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.

Return on equity

authorized · Legacy approved observation retained during the v0.2 migration; source-level scope was not expanded. · Jun 30, 2023

9.7%

Full docket record

3 events · 1 document · 3 citations

View record

Docket history

Material filings, hearings, orders, and effective dates.

  1. Jun 26, 2025

    Oncor filed its base-rate application

    official commission · completed

  2. Apr 17, 2026

    PUCT approved the unopposed agreement

    official commission · completed

  3. Jun 1, 2026

    Authorized base rates became effective

    official commission · completed

Documents

Docket and evidence documents linked to this proceeding.

PUCT final order in Oncor Docket 58306

evidence · primary · Apr 17, 2026

Open document ↗

Citations

Field-level excerpts and review metadata supporting material facts.

PUCT final order in Oncor Docket 58306

final order · Apr 17, 2026

PUCT final order in Oncor Docket 58306

final order · Apr 17, 2026

PUCT final order in Oncor Docket 58306

final order · Apr 17, 2026

Raw observations

Stage-preserving economics and party positions as published in the canonical record.

MetricStagePartyPeriodValueEvidence
Common equity ratioauthorizedPublic Utility Commission of Texas43.5%
Rate baseauthorizedPublic Utility Commission of TexasHistorical test year ended December 31, 2024$26,452.29M
Annual revenue changeauthorizedPublic Utility Commission of TexasHistorical test year ended December 31, 2024$560M
Annual revenue changeutility requestOncor Electric Delivery Company LLCHistorical test year ended December 31, 2024$833.6M
Return on equityauthorizedPublic Utility Commission of Texas9.75%
Return on equityutility requestOncor Electric Delivery Company LLCNot specified