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1.4 megawatts of new generation for the region to be completed in 2020PORTLAND, Ore. — Portland General Electric Company (NYSE: POR) recently awarded nearly $1 million in PGE Renewable Development Fund grants to nine local nonprofits to create clean energy projects that will generate 1.4 megawatts of clean power for the region. These grants are part of the Green FutureSM renewable energy program, which helps put more clean, local, renewable energy onto the electric grid. “On behalf of PGE’s Green Future customers, we’re pleased to award grants to these outstanding organizations and recognize their leadership in advancing clean energy,” said Maria Pope, president and CEO of PGE. “Through our shared commitment and ongoing collaboration, innovative programs like these deliver a clean energy future for all Oregonians.” This is the 20th anniversary of the fund. Since it was launched in 1999, the fund has contributed about $14 million in grants to help more than 60 community organizations develop local clean energy projects. To date, completed projects have added more than 14 megawatts of clean electricity capacity to our region. Another 3 megawatts from previously approved projects are in development. When those projects and the nine new projects are completed in 2020, the program will have created more than 18 megawatts of clean power capacity, enough to power more than 15,000 homes. PGE’s Green Future is the most successful renewable power program of its kind in the country, with more than 225,000 customers voluntarily enrolled. The U.S. Department of Energy’s National Renewable Energy Laboratory recently announced in its 2018 rankings that PGE has the largest participation in a renewables program of any U.S. electric utility for the 10th year in a row. Project overviews: This year’s grant recipients span PGE’s service area and represent organizations delivering important community benefits in addition to their projects, including affordable housing, mental health services, conservation and education.
How the PGE Renewable Development Fund works: The PGE Renewable Development Fund is supported by customers who choose one of PGE’s Green Future renewable energy programs. The fund offers competitive grant awards for applicants to deploy their own clean energy projects. Grants are awarded through an open and competitive application process and evaluated in accordance with eligibility guidelines, preferred project standards and established evaluation criteria. The next grant cycle will begin in spring of 2020. About Portland General Electric Company: Portland General Electric (NYSE: POR) is a fully integrated energy company based in Portland, Oregon, with operations across the state. The company serves approximately 892,000 customers in 51 cities, has 16 generation plants in five Oregon counties, and maintains and operates 13 public parks and recreation areas. For 130 years, PGE has been delivering safe, affordable and reliable energy to Oregonians. Together with its customers, PGE has the No. 1 voluntary renewable energy program in the U.S. PGE and its 3,000 employees are committed to helping its customers build a clean energy future. PGE, employees, retirees and the PGE Foundation donate approximately $4 million annually to support nonprofits and schools. In addition, employees and retirees log about 45,000 volunteer hours annually. For more information visit portlandgeneral.com/cleanvision. ### |