PUCT approves Oncor base rate settlement; annual revenue up $560M, ROE 9.75%

SEMPRA

Oncor's annual revenue requirement set at ~$6.97B, an increase of ~$560M (8.7%).
Authorized return on equity improved to 9.75% (from 9.70%); debt/equity ratio 56.5%/43.5%.
Self-insurance reserve for storm costs increased to $200M/yr from $122M/yr.
Oncor expects positive impact to future earnings, cash flow, and credit metrics.
Surcharge to recover difference from Jan 1, 2026 to new rate effective date, filed shortly.

item 7.01

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