---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-034320"
form_type: "8-K"
ticker: null
cik: "0001193311"
company_name: "ONCOR ELECTRIC DELIVERY CO LLC"
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:26:18.640081+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Oncor reports 2024 net income $968M, announces $36.1B 5-year capital plan

## Summary
- Net income $968M in 2024, up $104M YoY; driven by higher revenues from interim rate updates, customer growth, and transmission billing.
- New five-year capital plan of $36.1B for 2025-2029, up ~$12B from prior plan; includes $7.1B for 2025.
- Entered into $2B revolving credit facility maturing 2030 and $1B facility maturing 2028; funds for general corporate purposes.
- Record 976 active transmission POI requests (up 28% YoY); LC&I load queue exceeds 137 GW.
- PUCT approved System Resiliency Plan with $2.9B capex; Oncor plans base rate review later 2025.

## SEC filing metadata
- accession: 0001193125-25-034320
- form_type: 8-K
- cik: 0001193311
- company_name: ONCOR ELECTRIC DELIVERY CO LLC
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1193311/000119312525034320/0001193125-25-034320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1193311/000119312525034320/d936476d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-034320
- JSON: https://secwatch.observer/filing/0001193125-25-034320.json
- Plain text: https://secwatch.observer/filing/0001193125-25-034320.txt

## Key facts
- Debt Financings
  ONCOR ELECTRIC DELIVERY CO LLC incurred revolving credit of $2.0 billion with JPMorgan Chase Bank, N.A., as administrative agent and swingline lender at term SOFR plus an adjustment of 0.10%, plus an applicable margin of between 0.75 maturing February 20, 2030.
  - Instrument: revolving credit
  - Principal: $2.0 billion
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and swingline lender
  - Rate: term SOFR plus an adjustment of 0.10%, plus an applicable margin of between 0.75
  - Maturity: February 20, 2030
  - Event: incurrence
  source text: The $2B Credit Facility provides for an unsecured revolving credit facility in an aggregate principal amount of up to $2.0 billion and a maturity date of February 20, 2030.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1193311/000119312525034320/0001193125-25-034320-index.htm
- Debt Financings
  ONCOR ELECTRIC DELIVERY CO LLC incurred revolving credit of $1.0 billion with Wells Fargo Bank, National Association, as administrative agent and swingline lender at term SOFR plus the SOFR Adjustment, plus an applicable margin of between 0.750% maturing February 20, 2028.
  - Instrument: revolving credit
  - Principal: $1.0 billion
  - Counterparty: Wells Fargo Bank, National Association, as administrative agent and swingline lender
  - Rate: term SOFR plus the SOFR Adjustment, plus an applicable margin of between 0.750%
  - Maturity: February 20, 2028
  - Event: incurrence
  source text: The $1B Credit Facility provides for an unsecured revolving credit facility in an aggregate principal amount of up to $1.0 billion and a maturity date of February 20, 2028.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1193311/000119312525034320/0001193125-25-034320-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.