Brief: Portland General Electric Filed With Public Utility Commission Of Oregon A General Rate Case Based On A 2025 Test Year

Portland General Electric Co

29/02/2024 23:07

Feb 29 (Reuters) - Portland General Electric Co  POR.N :
    * PORTLAND GENERAL ELECTRIC CO - FILED WITH PUBLIC UTILITY
COMMISSION OF OREGON (OPUC) A GENERAL RATE CASE BASED ON A 2025
TEST YEAR (2025 GRC)
    * PORTLAND GENERAL ELECTRIC CO - 2025 GRC, AS REQUESTED,
WOULD
RESULT IN AN APPROXIMATE 7.4% OVERALL INCREASE RELATIVE TO
CURRENTLY APPROVED PRICES
    * PORTLAND GENERAL ELECTRIC-TOTAL INCREASE IN ANNUAL REVENUE
REQUIREMENT INCLUDES $37 MILLION AS RESULT OF HIGHER NET
VARIABLE POWER COSTS EXPECTED IN 2025
    * PORTLAND GENERAL ELECTRIC - REGULATORY REVIEW OF 2025 GRC
WILL
CONTINUE THROUGHOUT 2024, WITH FINAL ORDER TARGETED TO BE ISSUED
BY OPUC BY END OF YEAR
    * PORTLAND GENERAL ELECTRIC - NEW CUSTOMER PRICES ARE
EXPECTED TO
BECOME EFFECTIVE JANUARY 1, 2025
    * PORTLAND GENERAL ELECTRIC:FILING REQUESTS $225 MILLION
INCREASE
IN ANNUAL REVENUE REQUIREMENT RELATED TO RECOVERY OF COSTS WITH
NON-EMITTING BATTERY PROJECTS

Source text for Eikon:  ID:n0000784977-24-000054 
Further company coverage:  POR.N 

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