{"id":12673,"date":"2025-10-20T19:10:07","date_gmt":"2025-10-20T19:10:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/12673\/"},"modified":"2025-10-20T19:10:07","modified_gmt":"2025-10-20T19:10:07","slug":"plano-council-opposes-oncor-834m-rate-increase","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/12673\/","title":{"rendered":"Plano council opposes Oncor $834M rate increase"},"content":{"rendered":"<p>\t\t\t\tPlano City Council members have denied a proposed $834 million rate increase from <a href=\"https:\/\/www.oncor.com\/content\/oncorwww\/us\/en\/home.html\" rel=\"nofollow noopener\" target=\"_blank\">Oncor Electric<\/a>, joining other Texas cities in opposing the utility\u2019s request to raise rates.<\/p>\n<p>At their Oct. 13 <a href=\"https:\/\/planotx.new.swagit.com\/videos\/357894\" rel=\"nofollow noopener\" target=\"_blank\">meeting<\/a>, council members adopted a resolution formally denying Oncor\u2019s requested rate increase, giving the company 30 days to appeal the decision to the <a href=\"https:\/\/www.puc.texas.gov\/\" rel=\"nofollow noopener\" target=\"_blank\">Public Utility Commission of Texas<\/a>.<\/p>\n<p>How we got here<\/p>\n<p>Oncor filed an application with the commission in June to raise system-wide electricity transmission and distribution rates by about 13% above current revenues, according to <a href=\"https:\/\/plano.novusagenda.com\/agendapublic\/CoverSheet.aspx?ItemID=10329&amp;MeetingID=3633\" rel=\"nofollow noopener\" target=\"_blank\">city documents<\/a>.<\/p>\n<p>According to a <a href=\"https:\/\/www.oncor.com\/content\/oncorwww\/wire\/en\/home\/newsroom\/oncor-files-rate-review-to-further-support-critical-investments-.html\" rel=\"nofollow noopener\" target=\"_blank\">news release<\/a> from the company, Oncor is seeking the rate increase to address three main needs:<\/p>\n<p>Recovering from storm damages, which makes up nearly half of the requested increaseRising operational expenses, including materials and labor, due to inflationMaintaining financial stability while supporting expanding infrastructure needsPlano City Council members previously <a href=\"https:\/\/communityimpact.com\/dallas-fort-worth\/plano-south\/government\/2025\/07\/30\/plano-delays-oncor-834m-rate-increase-joining-with-neighboring-cities\/\" rel=\"nofollow noopener\" target=\"_blank\">suspended<\/a> the effective date of the rate increase for 90 days, allowing city officials to review the changes and determine the increase is not reasonable.<\/p>\n<p>What it means<\/p>\n<p>The proposed rate increase would result in a 12.3% increase in residential rates and a 51% increase in street lighting rates, according to <a href=\"https:\/\/plano.novusagenda.com\/agendapublic\/CoverSheet.aspx?ItemID=10329&amp;MeetingID=3633\" rel=\"nofollow noopener\" target=\"_blank\">city documents<\/a>.<\/p>\n<p>If approved, the change would result in an increase of $7.90 on an average monthly bill for Plano residents.<\/p>\n<p>Quote of note<\/p>\n<p>Andrew Fortune, director of policy and government relations, said Oncor\u2019s request was an \u201cextraordinary increase.\u201d<\/p>\n<p>\u201cOur residents are seeing increased costs,\u201d Fortune said. \u201cThis in particular is a staggering number.\u201d<\/p>\n<p>Zooming out<\/p>\n<p>Plano is part of the <a href=\"https:\/\/citiesservedbyoncor.org\/\" rel=\"nofollow noopener\" target=\"_blank\">Steering Committee of Cities Served by Oncor<\/a>, a coalition of Texas municipalities that advocate for fair electric rates.<\/p>\n<p>All cities with <a href=\"https:\/\/citiesservedbyoncor.org\/faq\/\" rel=\"nofollow noopener\" target=\"_blank\">original jurisdiction<\/a>\u2014meaning they have the authority to regulate electric rates within their boundaries\u2014need to adopt the resolution denying the rate change by Oct. 29, according to <a href=\"https:\/\/plano.novusagenda.com\/agendapublic\/CoverSheet.aspx?ItemID=10329&amp;MeetingID=3633\" rel=\"nofollow noopener\" target=\"_blank\">city documents<\/a>.\n\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Plano City Council members have denied a proposed $834 million rate increase from Oncor Electric, joining other Texas&hellip;\n","protected":false},"author":2,"featured_media":12674,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[4221,712,713,10655,10657,160,4222,10654,162,4220,161,10656,10658],"class_list":["post-12673","post","type-post","status-publish","format-standard","has-post-thumbnail","category-plano","tag-business-news-plano","tag-dallas-fort-worth","tag-downtown-plano","tag-oncor","tag-oncor-electric","tag-plano","tag-plano-development","tag-plano-electricity","tag-plano-headlines","tag-plano-jobs","tag-plano-news","tag-plano-oncor","tag-plano-utilities"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/12673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=12673"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/12673\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/12674"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=12673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=12673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=12673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}