Oncor Electric Delivery
Privately held | |
Industry | Utilities |
Headquarters | Dallas, Texas, USA |
Key people | Robert S. Shapard, Chairman and Chief Executive Officer |
Number of employees | 3400 |
Website |
www |
Oncor Electric Delivery Company is Texas's largest regulated electric delivery business and the sixth largest in the United States. It supplies electricity to approximately 7.5 million consumers in a service area of over 400 communities in east, west and north-central Texas, including Dallas, Fort Worth, Midland, Odessa, Killeen, Waco, Wichita Falls and Tyler. It was formerly known as TXU Electric Delivery and TU Electric. Predecessor companies include Dallas Power & Light (DP&L), which served the city of Dallas; Texas Electric Service Company (TESCO), which served areas surrounding Fort Worth; and Texas Power and Light (TP&L), which served other areas of northern and west-central Texas.
Oncor and Energy Future Holdings
Oncor is privately held by a limited number of investors including Energy Future Holdings Corporation. Oncor is separate from its owners and separately managed by a majority independent board of directors. While a majority owner, EFH is not involved in the management of Oncor.
Major projects
Oncor Electric Delivery Company is working in partnership with Siemens Power Technologies to build a smart grid.[1] The company is exploring the use of storage batteries and micro-grids. The Competitive Renewable Energy Zone (CREZ) project improved the transmission of wind power to Oncor's grid.[2]
References
- ↑ Desonie, Dana (April 2010). "A Smart Grid for Smart Texans". siemens.com. Retrieved 23 Jun 2014.
- ↑ Schnurman, Mitchell (31 May 2014). "Oncor bets on a better grid". dallasnews.com. Retrieved 23 Jun 2014.