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PGE General Rate Decrease - UE 294

 

 

December 16, 2015 (2015-13)
 
Contacts: Susan Ackerman, Chair, 503 378-6611, Stephen Bloom, Commissioner, 503 378-6611, John Savage, Commissioner, 503 378-6611, Karla Hunter, Communications Coordinator, 503 373-0044
 
Salem, OR:  The Oregon Public Utility Commission trims Portland General Electric’s rate request and approves rate reductions for customers.  Beginning January 1, 2016, a typical residential customer, using an average of 840 kilowatt hours per month, will see their average monthly bill go down about $3.16, from $99.71 to $96.55.
 
“It is great news that electric rates are going down for this winter’s heating season.  We applaud the utility, ratepayer advocacy groups and our staff for their hard work and coming together to reach what we find to be  a just and reasonable resolution to a myriad of complex and arcane issues in the rate case.” said Susan Ackerman, Chair of the Public Utility Commission of Oregon. 
 
Across the major customer categories, the overall average price decreases starting in January are:
 
·          Residential:             -2.8 percent
·          Small business:       -0.1 percent
·          Commercial:           -1.6 percent
·          Large commercial:   -3.0 percent
·          Industrial:               -3.6 percent
 
The Commission also adopted the framework for revising rates in the first half of 2016 when the new Carty Generating Station comes into service, as long as the plant is fully operational by July 31, 2016.