SAN FRANCISCO, Calif. — Pacific Power announced today that the California Public Utilities Commission has issued an order
allowing the utility to increase its revenues by $7.3 million over rates currently in place, effective Jan. 1, 2007. This
equates to an overall increase of about 10.8 percent for all customers.
In its order, the commission approved the settlement reached last July with California’s Division of Ratepayer Advocates and
the California Farm Bureau on key parts of the rate case. In addition to the authorized price change, the order allows the
utility to adjust rates for inflation and changes in power costs on Jan. 1 of 2008 and 2009.
"We’re pleased we have been able to work collaboratively with the parties to achieve this outcome and that we’ve been allowed
to recover costs needed to make necessary investments and to continue providing safe, reliable service to customers well into
the future," said Pat Reiten, president of Pacific Power.
The rate increase request was initially filed in November 2005, to recover increasing operational costs including power costs,
health care, insurance and pension costs, and significant capital investments needed to continue providing safe, reliable
power to California customers.
As a result of this order, the average residential customer using 926 kilowatt-hours a month will see an increase of $10.43,
for a total monthly bill of $88.77.
By customer schedule, rates will increase as follows:
Residential: 13.3 percent
Small general service: 7.7 percent
Large general service: 7.7 percent
Even with the rate change, and after adjusting for inflation, Pacific Power’s average price in California is less than it
was 10 years ago, and the company’s average rate remains the lowest among other investor-owned utilities serving California.
Pacific Power serves about 45,000 customers in northern California. As part of PacifiCorp, Pacific Power and sister division
Rocky Mountain Power provide low-cost, reliable electricity and related services to approximately 1.7 million customers in
six Western states.
Media inquiries: 1-800-570-5838
