Initial Filing Date: 12/10/2020
Summary: 15.25% increase requested
Effective Date: 7/8/2021
Sharyland Utilities has filed a petition with the Public Utility Commission of Texas proposing an overall increase in annual revenue of $5.9 million. The increased revenue will be recovered through Sharyland’s Wholesale Transmission Service (“WTS”) rates and its Wholesale Distribution Substation Service (“WSDD”) rates, and will affect all customers taking service in the state of Texas. To see how this will affect both rates, refer to our chart below:
For customers taking Transmission Service, Sharyland proposes a net revenue increase of $5,385,615, or 14.26%. For customers taking Distribution Service, Sharyland proposes a net revenue increase of $480,693, or 67.57%. Overall, this represents a new annual requirement of $44,344,255, a 15.25% increase in total.
The original proposed effective date was for February 8th, 2021, but the hearings are ongoing at this time and scheduled to conclude by July 8th, 2021. To stay up to date on when this change goes into effect, you can visit the Public Utility Commission of Texas’s web page for Sharyland’s filing here.
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