Oregon rate proposal
Pacific Power filed reply testimony in the Oregon General Rate Case on July 26, proposing an overall 11.9% rate increase for customers. This is a significant reduction relative to the original rate request of 17.9% filed in February, and an overall reduction in the company’s rate increase request from $322.3 million to $214.5 million.
The overall proposed average rate increase for residential customers is 14.9%. The average residential customer using 950 kilowatt-hours per month would see a $21.49 increase on their monthly power bill.
Investments in reliable, low-cost service
Hotter, drier summers and freezing winter storms have become more frequent and intense. So we’re taking action to strengthen our system now and deliver reliable, low-cost energy for years to come.
Upgrades and management
- Our teams work year-round to identify and manage increasing risks to our system.
Rising insurance costs
- Like all utilities in the West, we are managing significantly higher insurance costs due to increased wildfire risk and activity in the region.
- We have also increased our own insurance coverage to ensure we can continue responsibly managing our energy system for our customers.
Customer support programs
We know that price increases are never welcome news, and we can help customers access discounts for low-income individuals and households, along with programs that help with managing energy budgets.
Payment support
- The Oregon Low Income Discount Program helps income-qualifying customers lower their power bills from 20% to 40%.
- Additionally, customers can access bill support programs through the Oregon Energy Fund, Oregon Energy Assistance Program and Low-Income Home Energy Assistance Program.
Budgeting tools and programs
- Our time of use and equal pay billing options make it easier to manage monthly energy bills.
Discounts and rebate
Access information and rebates through Energy Trust of Oregon.
Consistently delivering regionally low rates
Our history of stable pricing
We are actively managing our system to offset these costs and reduce impacts to our customers
Renewable energy
We're integrating low-cost renewable energy sources into our resource portfolio.
Generation & transmission
We're taking long-term actions to manage our generation and transmission network, which are helping to lessen the impact of these rising costs.
Innovative markets
We have led the region in customer cost-saving programs, including the Western Energy Imbalance Market. The WEIM allows utilities across the West to access the lowest-cost energy available. Since 2014, total WEIM benefits across the six-state service area have reached $819 million.
Some of our recent investments support community safety, reliability and wildfire mitigation
This proposal will be reviewed by the Oregon Public Utility Commission and, pending approval, the updated rates will go into effect January 1, 2025.
Ways to save energy and manage costs
You can help reduce your energy use and save money by participating in these programs.
Incentives and rebates
Get Wattsmart® rebates from Energy Trust of Oregon when you make energy-efficient upgrades to your home or business.
Get insights and save
Access your Home Energy Report to understand your energy usage and find ways to save.
Bill payment support
We offer bill assistance and payment plans to customers experiencing financial hardships.
Time of Use plan
Learn how strategic use of power throughout the day can lead to potential savings.
Electric vehicles
Help contribute to a healthier environment and save money on fuel costs when you make the switch to an electric vehicle.
Optimal Time Rewards
If you have a smart thermostat, join our Optimal Time Rewards program to earn incentives for using energy wisely during high demand periods.