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Oncor is more than just a basic electric utility — it is a cutting-edge distributor of electricity to 400+ cities in Texas. Headquartered in Dallas, they are the largest transmission and distribution utility in Texas. Oncor serves as a deregulated utility in north, central and west Texas with over 10 million customers, 120,000 miles of lines and 3 million electricity meters.
Oncor Service Area
With 120,000 miles of lines and 3 million electricity meters, Oncor provides electricity distribution and transmission services in central and west Texas. Cities served by Oncor include the Dallas Fort Worth metro area, Midland, Odessa, Killeen, Waco, Wichita Falls, and Tyler.
With roots in Dallas Power & Light (DP&L), Texas Electric Service Company (TESCO), and Texas Power & Light (TP&L), Oncor was created in 2007 when Energy Future Holdings (EFH) purchased a majority stake in TXU and separated Oncor from its other holdings by a ‘Ring-Fence’. This structure was meant to protect Oncor customers from bankruptcy in other EFH holdings. They were privately held by EFH, which declared bankruptcy in April 2014. Most recently, Sempra Energy completed its acquisition of EFH in March 2018. This transaction included EFH’s approximate 80-percent indirect ownership interest in Oncor. The close of the transaction creates a utility holding company with the largest U.S. customer base.
On November 9, 2017, Oncor and Sharyland closed a significant asset swap agreement. For details on the agreement, read The Oncor/Sharyland Deal: How Customers Will Benefit. For customers, this means that all 54,000 retail Texas Sharyland customers are transitioning to Oncor in early 2018 and will get to take advantage of more favorable electricity delivery rates. This includes the cities of Midland, Big Spring, Stanton, Brady, Celeste, McAllen, and Greenville. All customers should be transitioned by January 9, 2018 and will receive their last electric bill with Sharyland rates soon thereafter. Going forward, customers will see Oncor delivery rates on their bills.
Shop for a Retail Electricity Provider in Oncor
Oncor is one of the deregulated electricity market areas in Texas. Oncor does not sell electricity, they only deliver it, and maintain the poles and wires. When you live in the Oncor territory, you must select a retail electricity provider (REP). That could be TXU Energy, the affiliated retail electricity supplier owned by Oncor’s parent company. You can also choose from many other reputable retail electricity providers that serve this market, including Reliant Energy, Cirro Energy, Champion Energy Services, TriEagle Energy, Frontier Utilities and more. Over 70 Texas REPs serve the Oncor utility delviery area giving you the power to choose.
The power to choose your electricity provider comes with hundreds of options for electricity plans. ElectricityPlans.com makes it easy to compare electricity plans and shop for the best electricity rates. Want help deciding on an electricity plan for your home? Use our free PlanScan service to get personalized recommendations.
Top Ten Best Oncor Electric Rates for your Home
|Direct Energy||Veterans and Active Military 12||12||8.7 ¢|
|TriEagle Energy||Eagle 36||36||8.9 ¢|
|Direct Energy||Veterans and Active Military 24||24||8.9 ¢|
|TriEagle Energy||Eagle 24||24||9.0 ¢|
|4Change Energy||4Change Energy Wholesale Club 24||24||9.1 ¢|
|TriEagle Energy||Eagle 12||12||9.1 ¢|
|Think Energy||Think Simple 24||24||9.2 ¢|
|Champion Energy Services||Champ Saver 36||36||9.2 ¢|
|TriEagle Energy||Green Eagle 36||36||9.2 ¢|
|Spark Energy||Choice 12||12||9.2 ¢|
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Oncor Awards and Recognition
Oncor is widely recognized as being a leader in smart grid implementation. Awards include Greentech Media’s Top Ten Utility Smart Grid Deployments in North America, Texas Environmental Excellence Award, and ENERGY STAR Sustained Excellence Award.
As a utility, Oncor Electric is doing everything it can to ensure that electricity customers are experiencing more uptime and less power interruption than ever before. It is also working hard with Retail Electric Providers (REPs) to lower the prices that electricity customers pay each and every month. By implementing more big data ideas into electricity service, Oncor makes it possible for customers everywhere to shrink their electric bills.
Striving for better efficiency and a lower environmental impact is a huge part of what this utility does every single day. Smarter thinking and better planning are what have made it possible for them to reliably bring power to the Texas State Fair without neglecting the homes of the electricity customers who attend it.
Energy Efficiency and Environmental Impact
Here are some ways Oncor is working to be a better Texas electricity utility:
- Installation of Advanced Metering Systems. Oncor customers are able to get real-time data on their energy usage, which is a great first step toward making big changes. With tools like Advanced Metering Systems, customers can easily see how much energy they consume. Electricity customers can experiment and alter their power usage and create an instant impact on their electric bill with this information.
- Wildlife rehabilitation. Birds can be a huge burden for electricity utilities, but this utility has a solution. Instead of destroying nesting birds when they find them in or near equipment, they’ve partnered with Rogers Wildlife Rehabilitation Center. Now they can safely remove, rehabilitate and relocate nesting birds and chicks. Since this partnership began, this utility has saved hundreds of at-risk eggs and chicks.
- Energy efficiency education. With its “Take a Load Off, Texas” program, Oncor is working diligently to help educate its electricity customers about ways to increase their energy efficiency. Not only does the program provide ample amounts of online education, but customers can also arrange for testing of the real efficiency of their homes. This includes measuring the amount of insulation in attics, verifying that air ducts are properly sealed and that weather-stripping is intact.
Oncor is a Texas electricity utility with a forward-looking plan for its customers. The Texas company also offers support and incentives for solar panel systems and other types of green energy if that’s in your future.