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News Release
Press Advisory - Restructuring Proposal To Be Unveiled
April 20, 2000 (2000-019)
Contacts: Ron Eachus, Chairman, 503 378-6611; Roger Hamilton, Commissioner 503 378-6611; Joan H. Smith, Commissioner, 503 378-6611; Bob Valdez, Public Information Officer, 503 378-8962
Salem, OR - PGE and a coalition of customers and power marketers will unveil a compromise alternative proposal in Salem Friday to implement electric utility restructuring as required by SB 1149, which came out of the 1999 legislative session.
Initially, PGE and the coalition each offered different restructuring models. "The fact these two groups have been able to agree on a particular approach is a significant development, so we felt it was best to have their written proposal presented and explained in public rather than buried as written comments in rulemaking," said Commission Chairman Ron Eachus.
The coalition includes the Citizens' Utility Board, Associated Oregon Industries, the Industrial Customers of Northwest Utilities, the Oregon Restaurant Association, PG&E National Energy Group, a power marketer, and others.
Senate Bill 1149 requires investor-owned utilities to offer competitive options to industrial and large commercial customers by Oct. 1, 2001. Also by that date, residential customers will be able to choose a "market-based rate" or the traditional "cost of service" rate.
The Oregon Public Utility Commission is scheduled to adopt rules in early June.
The Commission will receive the briefing in the Commission's main conference hearing room at 550 Capitol St. N.E. It begins at 9am.
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