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The company said Oncor filed a stipulation with the PUCT on January 29, 2026 requesting approval of an annual revenue requirement of about $6.975 billion, a 8.8% increase over Oncor's adjusted annualized present revenues in its rate application.

8-KRegulation FD DisclosureFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Oncor filed a stipulation with the PUCT on January 29, 2026 requesting approval of an annual revenue requirement of about $6.975 billion, a 8.8% increase over Oncor's adjusted annualized present revenues in its rate application.

  2. The company said the stipulation sets a revised regulatory capital structure of 56.5% debt to 43.5% equity, an authorized return on equity of 9.75%, and an authorized cost of debt of 4.94%. Currently, the authorized figures are 57.5% debt to 42.5% equity, 9.70% and 4.39%, respectively.

  3. The company said the stipulation sets the annual accrual amount in rates for the self-insurance reserve for storm costs and other self-insured losses at $200 million. That is up from the $122 million currently recovered in rates, and the related regulatory assets and liabilities would be amortized over 5 years.

  4. The company said the PUCT may adopt, modify or reject the stipulation and proposed order, and that Oncor expects a final order in the first half of 2026. If approved, new rates would apply, and the difference between the new rates and current rates would be surcharged back to January 1, 2026.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Oncor settlement sets annual revenue requirement of about $6.975 billion

The company said Oncor filed a stipulation with the PUCT on January 29, 2026 requesting approval of an annual revenue requirement of about $6.975 billion, a 8.8% increase over Oncor's adjusted annualized present revenues in its rate application.

Source · Based on the filing body and exhibits

Oncor settlement sets 56.5% debt and 43.5% equity capital structure, return on equity of 9.75%

The company said the stipulation sets a revised regulatory capital structure of 56.5% debt to 43.5% equity, an authorized return on equity of 9.75%, and an authorized cost of debt of 4.94%. Currently, the authorized figures are 57.5% debt to 42.5% equity, 9.70% and 4.39%, respectively.

Source · Based on the filing body and exhibits

Self-insurance reserve annual accrual of $200 million, 5-year amortization

The company said the stipulation sets the annual accrual amount in rates for the self-insurance reserve for storm costs and other self-insured losses at $200 million. That is up from the $122 million currently recovered in rates, and the related regulatory assets and liabilities would be amortized over 5 years.

Source · Based on the filing body and exhibits

PUCT final order timing and surcharge back to January 1, 2026

The company said the PUCT may adopt, modify or reject the stipulation and proposed order, and that Oncor expects a final order in the first half of 2026. If approved, new rates would apply, and the difference between the new rates and current rates would be surcharged back to January 1, 2026.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.