The Transmission Cost Recovery Factor or TCRF is a charge found on electricity customer’s bills in the Oncor territory. Customers may notice that this charge fluctuates around 2 times a year. Depending on your meter’s rate class, the charge is calculated per kWh or per kW. Larger customers will always find their charge is based per kW. Click for detailed information on the TCRF.
In an open meeting with Oncor, approximate cost increases were detailed for the charge. In addition to the normal twice-a-year updates, the charge is expected to increase 2/10 of a penny per kWh by the end of 2013 and an additional 2/10 of a penny per kWh by the end of 2014. That totals nearly half a penny increase per kWh beginning 2015.
Below are example calculations from a customer with 363 kW demand and 112,800 kWh usage:
Total Current TCRF Charge: $756.70, which comes out to be around $.0067/kWh
With the 2/10 penny increase by the end of 2013, the total TCRF Charge would be: $981.36, which comes out to $0.0087/kWh
With the 2/10 penny increase by the end of 2014, the total TCRF Charge would be: $1,206.96, which comes out to $0.0107/kWh
The total overall increase from now until 2015 is $449.26 or a 37% increase for the particular example above. Exact percentages will depend on your load particulars.