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Oncor Electric Delivery Co. LLC will implement a $118.2 million increase in its transmission and distribution rates, effective Nov. 27. The rate increase was contingent upon Oncor's asset swap deal with Sharyland Distribution & Transmission Services LLC.
Oncor, Sharyland Distribution & Transmission and its affiliate Sharyland Utilities LP completed the asset swap deal Nov. 9, satisfying the condition to the rate case application.