This was in large part thanks to the Texas Public Utility Commission. In the spring of 2016, Oncor decided to convert to a real estate investment trust in order to possibly save over $200 million in taxes. Energy Future Holdings Corporation doesn’t involve themselves in the management of Oncor even though they own the majority of the company. It is also managed by a board of directors that are mostly independent. Unlike other companies, Oncor is separate from the people who own it. Investors like Energy Future Holdings Corporation are part of the reason for the success behind Oncor. Lastly, there was Texas Power and Light which serviced east-central as well as northern Texas.

Then there was Texas Electric Service that brought electricity to the west side of Texas and Fort Worth. First, there was Dall Power and Light, which serviced the Dallas area. This was a merger of three different companies that served Texas as a whole. About Oncor Electric Delivery Historyīefore it was known as Oncor Electric Delivery, the company was known as TXU Electric Delivery and TU Electric. You’ll also be able to check out a comparison table of some of the electric companies that are affiliated with Oncor, along with their rates and plan lengths. We’ll dive into their interesting history and how they were bought for nearly $10 billion. Today you’ll be reading all about Oncor Electric Delivery. They are the 6th largest company that does this in the United States. They help deliver the actual electricity to your home or business. Created in 2007, Oncor is a company that is affiliated with several electric and power companies throughout Texa s.

Chances are if you live in Texas, Oncor Electric Delivery is likely associated with your electric company.

Encore energy outage map