DTX-PCL: Impact 10/21/2025

Prosper Town Council members voted to deny an $834 million proposed rate increase from Oncor Electric at an Oct. 14 meeting.

What you need to know: Council members adopted a resolution denying Oncor’s requested rate increase, which now gives Oncor 30 days to appeal the decision to the Public Utility Commission of Texas. According to a news release from Oncor, the company is seeking the rate increase to address growing demands, particularly due to storm damage recovery, rising operational costs and maintaining financial stability.

What it means: The proposed rate increase would result in a 12.3% increase in residential rates and a 51% increase in street lighting rates, per town documents. Additionally, the change would result in an increase of $7.90 on an average monthly bill for Prosper residents.

What’s next? Oncor will have 30 days to appeal the decision after which the appeal will be consolidated with the company’s filing that is currently pending with the commission, according to town documents.

Essential Speech and ABA Therapy Prosper will open its doors to clients in October to provide resources to young children with autism.

What they offer: The business focuses on early intervention services providing care for children between the ages of 18 months and 6 years old.

• 1630 W. Prosper Trail, Prosper

A new health sciences center is coming to Collin College’s Frisco campus and is set to support current programs and expand space for new programs.

The overview: The center was intentionally designed to support innovative learning through hands-on clinical spaces and simulation technology, said Neil Matkin, Collin College’s district president.

About the project: The center’s first floor will house new radiology and imaging programs. The second floor will be dedicated to nursing with hands-on simulation technology and lab space. Once opened, the center will have about 34,000 square feet of shell space that will house future programs in the next five to 10 years. 

As water restrictions and shortages become more common in Texas communities, state lawmakers are asking voters to approve $20 billion to fund new water supply projects and improve existing systems over the next 20 years.

The overview: If voters approve State Proposition 4, which is on the November ballot, the state will create a dedicated funding stream to help local utilities access more water and upgrade their infrastructure. Without the new funding, Texas’ water crisis could deepen, experts say.

“We’ve got 1,500+ people moving to Texas every day, and not one of them is bringing a single drop of water with them,” Dean Sharp, who leads the management division of the Texas American Water Works Association, said Oct. 16.

Key takeaway: Despite the $1 billion annual price tag, Proposition 4 would not create any new state taxes or increase costs for Texans, lawmakers and experts said. Beginning in 2027, the money would come from existing sales tax revenue and be deposited in the Texas Water Fund, a state account that voters approved in 2023.