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Oncor, Inc. (ONCR) Restores Power to Storm-Ravaged Areas

Less than 24 hours after heavy rains and high winds passed through North and East Texas, power has been restored to more than 90 percent of customers affected. Oncor (ONCR) crews and contractors worked through the night repairing and re-energizing damaged power lines.

“Provided no other storms move through Oncor’s service area today, we expect all outages to be restored by this evening,” said Rob Trimble, Oncor president and CEO.

Outages in the Dallas-Fort Worth area have been reduced to 14,000, down from 135,000 at the height of the storm. At the peak of the storms, which occurred Tuesday afternoon, approximately 145,000 customer outages were reported system-wide, with 135,000 of those concentrated in the Dallas-Fort Worth area.

Dallas-based Oncor, a unit of Energy Future Holdings (TXU), 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.

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