Oncor Reports Second Quarter 2024 Results
SRESempra(SRE) Prnewswire·2024-08-06 20:05

DALLAS, Aug. 6, 2024 /PRNewswire/ -- Oncor Electric Delivery Company LLC ("Oncor") today reported three months ended June 30, 2024 net income of 251millioncomparedtothreemonthsendedJune30,2023netincomeof251 million compared to three months ended June 30, 2023 net income of 200 million. The $51 million increase was driven by higher revenues primarily due to updated interim rates to reflect increases in invested capital, increases in transmission billing units, higher customer consumption primarily attributable to weather, the new base rates implemented in May 202 ...