2016 INTERACTIVE ANNUAL REPORT

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August 18 2017 04:02 PM ET

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Investor Contact

Brook Wootton
VP, Investor Relations
1807 Ross Avenue, 4th floor
Dallas, Texas 75201
Phone: 214-855-6748 direct
BWootton@InfraREITInc.com

 

 

 

Rate Case Information

2016 Rate Case Information
  • InfraREIT’s Tenant, Sharyland, Files System-wide Rate Case:Press Release
  • 2016 Rate Case Filing: PUCT Docket No. 45414
  • 4/29/2016 - Sharyland filed Rate Filing Package
  • 5/26/2016 - PUCT requested briefing on threshold issues related to regulating the leases, lessor/lessee structure and validity of the 2008 PUCT restructuring order that originally approved the lessor/lessee structure (Threshold Issues).
  • 8/30/2016 - Sharyland, PUCT staff and certain other intervenors filed a Joint Proposal regarding the Threshold Issues. Press Release
  • 10/07/2016 - The PUCT voted to approve a preliminary order in the pending rate case requiring Sharyland and InfraREIT's regulated subsidiary (SDTS) to file amended rate case packages by January 1, 2017. Press Release
  • 12/30/2016 Sharyland and Sharyland Distribution & Transmission Services, L.L.C. (SDTS) filed amended Rate Filing packages
  • InfraREIT's Regulated Subsidiary Files Amended Rate Case with PUCT Press Release
  • InfraREIT Fact Sheet Click Here
  • InfraREIT 2016 Rate Case Supplemental Information Click Here
  • PUCT Docket No. 45414 Item No. 297 Click Here
  • 03/28/2017 - SOAH administrative law judges issued an order abating the rate case proceeding and canceling the hearing on the merits, pending ongoing settlement negotiations among the parties. Click Here
  • 07/21/2017 – Sharyland and SDTS entered into an agreement with certain parties to the Rate Case, which, if approved by the PUCT, will result in the dismissal of the Rate Case. In connection with the proposed dismissal, SDTS also signed a definitive agreement with Oncor Electric Delivery Company LLC (Oncor) to exchange SDTS’s retail distribution assets for a group of Oncor’s transmission assets located in west and central Texas.
    (Click here for Press Release) (Click here for Sharyland's Press Release) (Click here for Oncor's Information)

2017 Asset Exchange Transaction
  • 8/4/2017 – SDTS, Sharyland and Oncor filed the STM application with the PUCT

  • Constructive Regulatory Environment

    • Texas has its own electrical grid managed by the Electric Reliability Council of Texas (ERCOT)
    • Electric utilities are subject to regulation by the Public Utility Commission of Texas (PUCT)
    • Transmission revenue requirement can be updated through a rate case or an interim Transmission Cost of Service (TCOS) filing (twice per year)
    • Distribution rates typically updated through a rate case or a distribution cost recovery factor (DCRF) filing (once per year)
    • State government and regulators focused on further enabling the growth of the Texas economy by providing reliable and inexpensive electric service

    Sharyland's 2013 Rate Case Settlement, PUCT Docket 41474: 9.7% allowed return on equity and 55% debt / 45% equity

    The information provided on these pages includes forward-looking statements, which are subject to known and unknown risks and uncertainties that could cause actual results to differ materially. We refer you to the discussion of risk factors that could affect future results and performance in our most recent prospectus and other SEC filings. InfraREIT, Inc. assumes no obligation to update any forward-looking statements made here as a result of new information or future events or developments.

    InfraREIT, Inc. makes no claims concerning the accuracy of the information provided on these pages, and will not be held liable for any use of this information. Note: Historical and current stock price performance data is not necessarily indicative of future performance.