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News Release
PGE requests 2025 rate review by Oregon Public Utility Commission to modernize and strengthen the electric grid - 02/29/24

Investments in battery storage and transmission infrastructure will enhance reliability for customers 

Portland, Ore. – Portland General Electric today filed a 2025 proposed rate review with the Oregon Public Utility Commission as the company continues to build a smarter, more resilient energy grid. The 2025 Rate Case filing includes investments in local battery energy storage systems that enhance reliability and optimize power from renewable resources, as well as infrastructure modernization. 

The proposed changes for 2025 include an average customer rate increase of 7.4%. The filing with the Oregon Public Utility Commission begins an up to 10-month public process to review the proposed request. For more information on the 2025 rate review filing, visit www.portlandgeneral.com/2025-rate-case

“To achieve the day-to-day reliability that customers expect while simultaneously solving for the challenges of the future, Portland General Electric is deploying battery energy storage technology to modernize and strengthen the grid,” said Larry Bekkedahl, senior vice president of strategy and advanced energy delivery. “We are focused on delivering reliable electricity to customers while keeping the cost as low as possible.”

Major items in the rate review filing are:

  • Local battery energy storage projects to provide enhanced reliability and resilience during peak demand.
  • Investments in transmission and distribution to allow dependable energy flow as demand for electricity grows and customer needs evolve. 
  • Upgrades to technology and generation facilities for increased resilience and long-term, dependable power.

PGE recently expanded its Income Qualified Bill Discount (IQBD) program, which offers 15-60% monthly energy discount to eligible customers based on household size and income. PGE offers additional energy reduction programs to help customers save costs and manage their energy, including usage dashboards, rebates and incentives for energy efficiency, as well as programs that help customers shift energy use during peak demand. To learn more visit www.portlandgeneral.com/save-money

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About Portland General Electric Company: 

Portland General Electric (NYSE: POR) is an integrated energy company that generates, transmits and distributes electricity to over 930,000 customers serving an area of 1.9 million Oregonians. For more than 130 years, Portland General Electric (PGE) has powered social progress, delivering safe, affordable, reliable and increasingly clean electricity while working to transform energy systems to meet evolving customer needs. PGE customers have set the standard for prioritizing clean energy with the No. 1 voluntary renewable energy program in the country. PGE is committed to reducing emissions from its retail power supply by 80% by 2030 and 100% by 2040. PGE is recognized by the Bloomberg Gender-Equality Index for the company’s commitment to creating a more equal, inclusive workplace. In 2023, PGE employees, retirees and the PGE Foundation donated nearly $4.6 million and volunteered over 23,000 volunteer hours to more than 400 nonprofit organizations.  

 

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