Oncor Electric Delivery Company LLC, a subsidiary of Sempra, is gearing up to utilize an alternative capital recovery method known as the Unified Tracker Mechanism (UTM) in Texas. This change aims to streamline the recovery of costs associated with transmission and distribution capital investments placed into service after December 31, 2024. Oncor plans to make its first comprehensive UTM filing in the first half of 2026. In the meantime, the company will start recognizing accrued revenues and a regulatory asset for these investments. Sempra has confirmed that this shift is expected to align with its 2025 and 2026 earnings-per-common-share guidance ranges.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sempra published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001032208-25-000038), on June 23, 2025, and is solely responsible for the information contained therein.