Sempra
Oncor Files for Comprehensive Base Rate Review Settlement
Summary
On January 29, 2026, Oncor Electric Delivery Company LLC, an 80.25% owned subsidiary of Sempra, filed a stipulation in the comprehensive base rate review proceeding with the Public Utility Commission of Texas (PUCT). The stipulation requests an annual revenue requirement of approximately $6.975 billion, representing an 8.8% increase over the adjusted annualized present revenues. This rate increase is expected to positively impact Sempra's future earnings, cash flow, and credit metrics.
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About Sempra
Sempra is a diversified energy services company primarily engaged in the generation, transmission, and distribution of electricity and natural gas. As a key player in the energy sector, Sempra operates through several key subsidiaries, focusing on different aspects of utility services and renewable energy solutions. The company serves millions of consumers across North America, emphasizing sustainable practices and the integration of renewable energy sources into its grid. Its investments in liquefied natural gas (LNG) exports and infrastructure position Sempra as a significant contributor to global energy markets. By balancing traditional energy production with innovative, sustainable solutions, Sempra plays a critical role in meeting the growing energy demands while aligning with global decarbonization efforts. Its strategic initiatives aim to provide reliable energy solutions while supporting economic growth and environmental stewardship in its service areas.
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