When Oncor’s regulator, the Public Utility Commission of Texas, negotiated a rate increase two years ago it factored in the possibility of an additional windfall the company could receive from a pending corporate tax cut being considered by Congress at the time. According to a public filing earlier this month, Oncor refunded roughly $60 million to its 3.6 million customers in December.
Oncor nets half a billion in profits, refunds $60M from tax cuts
