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ONCOR REPORTS 2024 RESULTS; ANNOUNCES $36 BILLION 2025-2029 CAPITAL PLAN
SRESempra(SRE) Prnewswire·2025-02-25 13:00

DALLAS, Feb. 25, 2025 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported twelve months ended December 31, 2024 net income of 968millioncomparedtotwelvemonthsendedDecember31,2023netincomeof968 million compared to twelve months ended December 31, 2023 net income of 864 million. This $104 million increase was driven by overall higher revenues primarily attributable to updated interim rates to reflect increases in invested capital, increases in transmission billing units, customer growth, and the base rates that went into effect May 2023 along w ...