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Oregon Public Utility Commission

All articles tagged with #oregon public utility commission

PGE Seeks 7.4% Rate Increase for 2025
business1 year ago

PGE Seeks 7.4% Rate Increase for 2025

Portland General Electric has filed a request for a 7.4% rate increase in 2025 to support investments in local battery energy storage systems, following a 17% rate increase approved for this year. The request is now under review by the Oregon Public Utility Commission, which will conduct a 10-month review process. PGE has also expanded its income-based discount program, offering up to 60% discounts to eligible customers, and has seen a 65% growth in program enrollment since 2022. The rate hike request comes after PGE suffered a $30 million loss from a January 2024 ice storm, prompting concerns from consumer advocates about the impact of multiple rate increases on customers.

Portland General Electric Seeks 7.4% Rate Increase for 2025
business1 year ago

Portland General Electric Seeks 7.4% Rate Increase for 2025

Portland General Electric has requested a rate review with the Oregon Public Utility Commission, seeking a 7.4% rate increase in 2025 to fund investments in battery storage and infrastructure improvements. This comes after recent rate hikes, totaling over 42% since 2021. Customers are feeling the financial strain, with rising utility costs adding to existing financial pressures. The utility company serves over 930,000 customers in Oregon, and while it offers rebates and incentives for energy efficiency, the proposed rate increase has sparked concerns about affordability.