Potential 21% Pacific Power rate hike due to upgrades, wildfire management
Pacific Power wants to increase electricity rates by more than 21% for the average residential customer.
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Pacific Power wants to increase electricity rates by more than 21% for the average residential customer.
Pacific Power filed a general rate case and a Transition Adjustment Mechanism update with the Oregon Public Utility Commission. The combined rate actions would result in a 16.9% rate adjustment,
Pacific Power has asked regulators to allow it to increase rates 16.9%, or about $29.47 per month on average for residential customers in Oregon.
A proposed 16.9% rate increase by Pacific Power would raise about $304 million for wildfire risk management, transmission infrastructure, and renewable energy projects, the utility company said.
Pacific Power has released its customer rate proposal for 2025, and it could mean that Oregonians will pay significantly more for their electricity next January.