Text Size:   A+ A- A   •   Text Only
Site Image

News Release
Commission Scales Down PacifiCorp Rate Request
August 28, 2003 (2003 - 024) (UE 147)
Contacts:  Roy Hemmingway, Chairman, 503 378-6611; Lee Beyer, Commissioner, 503 378-6611; Bob Valdez, Public Information Officer, 503 378-8962
Salem, OR. - The Oregon Public Utility Commission has granted PacifiCorp a 1.1 percent overall increase in base rates, or $8.5 million a year effective September 1, 2003. Due to other adjustments, the overall effect on net rates is slightly lower at 0.8 percent, or $6.3 million a year. That compares with the 7.4 percent, or $58 million the company had initially requested.
The bill of a typical residential customer using 1,000 kilowatt-hours (kwh) a month will go up by a $1.18.
Money approved to the company by the Commission will pay for general business expenses such as pension, health care and security costs.
"Considering where we began, this is a fair settlement for customers and it will provide revenues for legitimate business expenses the company faces," said Commissioner Lee Beyer.
Although commercial and industrial customers as a group will experience no overall rate increase, some small and medium customers may see an increase or decrease in individual bills due to a redesign of those rates.
Approximately 6000 agricultural pumping service customers will see a net increase of 1.6 percent.
Costs attributed to Oregon for operating two power plants in Utah will be trimmed by $2 million as part of the agreement.
The company also agreed to extend its current service quality measures by four years through March 2014.
PacifiCorp also agreed that it will not file a general rate case sooner than August 31, 2004.