Oncor to Propose Major Advanced Technology Deployment

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Thu May 22, 2008 8:58am EDT

Plan to Result in Significant Benefits
                     to Consumers and Environment
DALLAS--(Business Wire)--
Oncor Electric Delivery Company LLC (Oncor) announced today that
it will implement one of the broadest deployments of technology on an
electric grid in the nation with its proposal to install more than 3
million advanced technology electric meters throughout its delivery
system by 2012.

   Oncor's Advanced Meter System (AMS) is expected to result in
important opportunities for energy conservation and economic benefits
to consumers. Advanced meters will allow Retail Electric Providers
(REPs) to offer monitoring equipment to consumers to help them control
energy usage.

   Oncor CEO Bob Shapard says the possibilities with the AMS
technology are significant.

   "Consumers will be able to see how much electricity they use
throughout the day and, using that information, make smarter decisions
about how they consume electricity and when, in order to save money on
their electric bills and reduce their energy consumption," he said.
"With AMS technology and monitoring equipment available from REPs,
consumers will have the ability to get real-time information about how
they are using electricity. It's essentially an electricity
speedometer that puts control in the hands of consumers. More
efficient use of electricity will also reduce the need for new
generation plants and help keep our air cleaner."

   In addition to the potential economic and conservation benefits,
these advanced meters will improve overall reliability of the electric
system. The advanced meters have two-way communications capability
that will help minimize the number and duration of power outages by
providing an ongoing picture of system outages and potential trouble
spots. With this leading-edge technology, Oncor can read meters
remotely, potentially avoiding estimated meter readings, skipped
meters and inconvenience to consumers with hard-to-reach meters.

   In order to assist low-income consumers, Oncor will be requesting
permission from the state regulator for the company to facilitate the
distribution of free in-home monitors to all state-qualified
low-income consumers.

   The transformation to this type of advanced metering technology
began in 2005 when the Texas Legislature passed a law encouraging the
deployment of new advanced meters, and, subsequently, the PUC set the
rules for the state's regulated electric delivery companies to install
meters more technologically advanced than previously deployed.

   Shapard noted that an integral component to a successful
deployment will be a consumer education campaign. Oncor's AMS
deployment plan, which includes the education campaign, will be filed
with the Public Utility Commission of Texas (PUC) before June 1.

   The plan, which will require regulatory approval, requires the
Company to make a significant investment in this technology and as
provided for in the legislation will request recovery of that
investment by a surcharge which would be collected over an eleven-year
period. For residential customers, this would mean a less than $2.35
per month surcharge for 11 years, which is a comprehensive figure that
includes the advanced meter, communications and support systems,
low-income assistance and customer education programs.

   Oncor is a regulated electric distribution and transmission
business that uses superior asset management skills to provide
reliable electricity delivery to consumers. Oncor operates the largest
distribution and transmission system in Texas, providing power to 3
million electric delivery points over more than 102,000 miles of
distribution and 14,000 miles of transmission lines. While Oncor is a
subsidiary of Energy Future Holdings Corp., Oncor is a separate entity
with a separate board that is comprised of a majority of independent
directors.

Oncor Communications
Chris Schein, 214-486-5338

Copyright Business Wire 2008
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