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News Release
Commission Reduces PacifiCorp Residential Rates; Extends Portfolio Options for 2003
 
October 7, 2002 (2002 - 028)
 
Contacts:  Roy Hemmingway, Chairman, 503 378-6611; Joan H. Smith, Commissioner, 503 378-6611; Lee Beyer, Commissioner, 503 378-6611; Bob Valdez, Public Information Officer, 503 378-8962
 
Salem, OR – The expiration of an alternative form of regulation for PacifiCorp will result in a rate decrease of nearly three percent for the company’s Oregon residential customers starting October 10, 2002.
 
Residential rates will drop by 2.9 percent. PacifiCorp serves approximately
420,694 residential customers.
 
The decrease is the result of the Oregon Public Utility Commission removing the tariff after the company decided not to apply for renewal of the regulation, which shared costs and benefits related to electric consumption.
 
Previously rates were decreased for large general service customers by 0.64 percent September 4. Rates slightly increased for small general service customers August 7, 2002 by 0.83 percent.
 
In other business, the Commission extended PacifiCorp’s Portfolio Option offerings through 2003. The Portfolio options are part of Oregon’s Electric Industry Restructuring Law passed by the 1999 Oregon legislature. The Portfolio options have been available since March 1.
 
As of September 1, 2002, PacifiCorp had experienced the following response to its Portfolio Options.
 
Portfolio Options # of Customers
Fixed Renewable3976
Renewable Usage4972
Habitat 1345
Time of Use1182
Seasonal Flux1416
 
Direct Access and Standard Service Offer
Cost of ServiceMarket OptionsDirect Access
99.9%0.1%0.0%
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