NEWS RELEASE

Oncor Communications:     877.426.1616

Critical Investments Focused on Withstanding and Rapidly Recovering from Extreme Weather, Other Events

DALLAS, Nov. 14, 2024 – Today, Oncor’s first System Resiliency Plan (SRP) was approved by the Public Utility Commission of Texas (PUCT). This approval paves the way for accelerated grid upgrades and enhancements to help substantially reduce the impact and duration of severe weather outages and address other physical and cybersecurity risks to Oncor’s electric grid.

With this approval, Oncor will invest approximately $3 billion in the resiliency of its distribution system over the next four years. This will allow our system to better withstand and more quickly recover from a range of extreme weather and other events. Investments are focused in the following areas:

“The approval of Oncor’s first SRP marks an historic opportunity for us to expand and accelerate our efforts to modernize and harden our infrastructure against extreme weather and other threats,” said Allen Nye, Oncor CEO. “These investments have been methodically selected to have the greatest impact in proactively addressing potential outage causes. And, even more important to the people we serve, it will also substantially reduce outage minutes. I appreciate the work of Texas’ state leaders in prioritizing grid resiliency measures and the PUCT’s thorough review of our plan. We will start implementing our SRP immediately and will keep customers informed of our progress in their communities.”  

To develop our first SRP, Oncor analyzed more than two decades of past weather, damage and location data, and its impact to customers. We used this information to identify the priorities and investments needed across our diverse service area to have the greatest positive impact on service reliability and resiliency. This includes the plan’s substantial increase in vegetation management near Oncor power lines.

Once implemented, these accelerated efforts will help to decrease the amount of infrastructure damage that can lead to customer outages. It will also decrease equipment failure and storm-recovery costs while improving getting the power back on faster when there is an outage. Additionally, it will decrease long-term costs for customers by avoiding expensive emergency repairs.

For more information and future updates on Oncor’s SRP, please visit Oncor.com/Resiliency. 

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About Oncor - Headquartered in Dallas, Oncor Electric Delivery Company LLC is a regulated electricity transmission and distribution business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor (together with its subsidiaries) operates the largest transmission and distribution system in Texas, delivering electricity to more than 4 million homes and businesses and operating more than 143,000 circuit miles of transmission and distribution lines in Texas. While Oncor is owned by two investors (indirect majority owner, Sempra, and minority owner, Texas Transmission Investment LLC), Oncor is managed by its Board of Directors, which is comprised of a majority of disinterested directors.