Oncor reports second quarter 2021 results

Dallas, aug. 5, 2021 /prnewswire/ -- oncor electric delivery company llc ("oncor") today reported three months ended june 30, 2021 net income of $169 million compared to net income of $176 million in the second quarter of 2020. the $7 million quarter-over-quarter decrease in net income was driven by increases in operation and maintenance expense, costs associated with additional investment (primarily depreciation and amortization and property taxes), partially offset by a net increase in revenues contributing to earnings primarily from increases in base transmission and distribution rates and customer growth, net of lower consumption primarily attributable to milder weather.
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