Oregon Clean Electricity & Coal Transition Law
UPDATE SEPTEMBER 12, 2016: Pacific Power will be purchasing the renewable attributes of seven wind and solar generation facilities, six of them new, and four of them in Oregon. These purchases will meet our renewable portfolio standard requirements through 2028. The company expects the one-time rate impact of these agreements to be around 1/20th of one percent, or about a nickel on a hundred dollar electric bill for Oregon customers. Learn more »
During the 2016 session, the Oregon Legislature passed the Oregon Clean Electricity and Coal Transition Law. This innovative new law means energy for Pacific Power customers in Oregon will be coal-free by 2030 and renewable resources will be brought online in an affordable way. It also helps in-state development of small-scale renewable projects, creates a community solar program and encourages further enhancement to the electrification of the transportation system.
Clean energy law moves Oregon forward
Recognizing the growing need to shift to cleaner energy sources, we’ve been planning this transition for a long time. Through a rigorous public process, that takes place every two years, we develop a 20-year plan for meeting our customers’ needs well into the future. In the last full plan, we expected to close or convert 10 units of coal-fueled generation to natural gas before 2030. As we make new investments to meet growing customer demand, we will now be able to steer those investments towards cleaner energy sources.
By partnering with a broad coalition of stakeholders, we provided our customers a lower-cost and lower-risk way to reach our shared goals of a cleaner power grid. With clear milestones – and plenty of flexibility and time to make this transition – we believe we can move toward a smarter energy future with more renewable energy and very little cost impact.
The new law passed with bipartisan support. It reaffirms the state’s commitment to energy efficiency programs, encourages electric transportation and increases solar resources for more Oregon energy customers and low-income communities. The law also bolsters small, community-scale renewable projects. Get details »
Providing more solutions
This law is one of the many innovative solutions Pacific Power is delivering to move toward a cleaner energy future while keeping bills affordable:
- As part of our Integrated Resource Plan, we are adding 1,000 megawatts of solar and wind power capacity through long-term purchase contracts to our 1,030 megawatts of owned wind capacity.
- Our participation in the Energy Imbalance Market makes the most efficient use of the power grid and has produced significant cost savings for our customers. Since the launch in November 2014, total gross benefits equaled $140 million – helping to keep our electric costs stable.
- Working with our customers systemwide, our energy efficiency programs helped save enough energy to power nearly 62,800 homes for a year. These programs help to avoid or delay the need for new power plants and facilities.