Public Utility Commission of Texas Requests Information from Oncor Electric Delivery Company LLC

The Public Utility Commission of Texas has requested information from Oncor Electric Delivery Company LLC regarding its insurance premiums and wildfire risk management practices. The Commission staff is seeking answers to 10 questions related to Oncor's excess liability insurance, wildfire insurance, and FERC Form 1 reporting requirements. Oncor is required to provide detailed information, including documents and witness testimony, to support its responses to the Commission staff's questions.

Key Takeaways:

  • Oncor has been requested to provide the amount approved in its last base rate case for excess liability insurance and explain how the premium was calculated and the period of coverage.
  • Oncor is asked to clarify its proposal to establish two separate regulatory assets for wildfire insurance premiums and provide copies of its new insurance premiums for the period starting on May 1, 2025.
  • The Commission staff is seeking information on whether Oncor believes that wildfire costs will become estimable due to a recent study on wildfire risk zones and whether Oncor will pass on increased insurance premiums to ratepayers.
  • Oncor is required to provide detailed breakdowns of its FERC Form 1 reporting amounts for property insurance and injuries and damages, including the composition of these amounts by major category.

Statistics:

  • $26,465,619: the amount reported in Oncor's FERC report line 186 (925) Injuries and Damages for 2022.
  • $26,066,462: the amount reported in Oncor's FERC report line 186 (925) Injuries and Damages for 2023.
  • $55,785,739: the amount reported in Oncor's FERC report line 186 (925) Injuries and Damages for 2024.
  • $113,481,098: the amount reported in Oncor's FERC Form 1 account 186 (924) Property Insurance for 2022.
  • $196,859,695: the amount reported in Oncor's FERC Form 1 account 186 (924) Property Insurance for 2023.
  • $241,032,344: the amount reported in Oncor's FERC Form 1 account 186 (924) Property Insurance for 2024.

Sources:

  • 16 Texas Administrative Code (TAC) § 22.144 of the Commission's Procedural Rules.
  • Article filed on June 18, 2025, in Docket No. 57932.
  • Fitch Ratings, Fitch Rates Oncor's Senior Secured Notes 'A', RATINGS ACTION COMMENTARY, June 12, 2025.
  • Jayme Lozano Carver, What Texas lawmakers did after the state's largest wildfire, THE TEXAS TRIBUNE, June 3, 2025.
  • House Bill 145 requiring utilities to file wildfire mitigation plans with the PUCT.