For more information about the PUC, visit /puc. Utility provider PacifiCorp has proposed a 6.8 increase in its rates. We use an inclusive process to evaluate differing viewpoints and visions of the public interest and arrive at balanced, well-reasoned, independent decisions supported by fact and law. The PUC’s mission is to ensure Oregonians have access to safe, reliable, and fairly priced utility services that advance state policy and promote the public interest. The PUC also regulates landline telephone providers and select water companies. The PUC regulates customer rates and services of the state’s investor-owned electric and natural gas utilities, including Portland General Electric, Idaho Power, Pacific Power, Avista, Cascade Natural, and NW Natural. PacifiCorp serves approximately 630,000 customers in Oregon, and approximately 2.0 million total retail customers in California, Idaho, Oregon, Utah, Washington, and Wyoming. Pacific Power Group is a leading sales and service provider of new and remanufactured engines, Allison automatic transmissions, mtu Solutions for marine. 20-04 that highlight the importance of exploring new expectations for the electric grid, the importance of clean energy, inclusivity and customer options. The PUC also approved an agreement by the parties preventing Pacific Power from filing a general rate case in Oregon with rates effective earlier than January 1, 2025. Pacific Power, a division of PacifiCorp, is developing a Distribution System Plan (DSP) for its service area in Oregon as informed by Oregon Senate Bill 978 (2017) and Governor Brown’s Executive Order No.
The PUC recently approved a $46.7 million, or 3.7 percent increase for non-energy costs in a general rate proceeding, a reduction from the original requested increase of $84.4 million. This increase, which will also go into effect January 1, is driven by numerous factors, including increases in wildfire mitigation and vegetation management spending, capital additions, and miscellaneous increases to the company’s revenue requirement. Pacific Power’s final Novempower cost forecast, however, showed a 20.3 percent increase in power cost rates over the preliminary forecast. That expected increase was based on Pacific Power’s preliminary power costs estimates. In October 2022, the PUC adopted a settlement between Pacific Power, customer advocate groups, and the PUC Staff for a power cost increase of approximately $66.43 million after taking advantage of tax credits that provide shared benefits with Oregon customers.
PACIFIC POWER UTILITY UPDATE
Pacific Power files an annual transition adjustment mechanism (TAM) to update customer rates to reflect the company’s actual costs to produce and purchase electricity. Due to volatility in the energy markets and increased costs to produce and purchase energy, customer rates will increase by a larger amount than earlier estimated starting January 1, 2023.
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