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News Release

Pacific Power Working Toward Rate Stability For Oregon Customers - 05/05/26

 

FOR IMMEDIATE RELEASE  

Media hotline: 503-813-6018

 

Pacific Power working toward rate stability for Oregon customers 

General rate case seeks stable rates in 2026, lower rates in first half of 2027 

 

Portland, Ore. (May 5, 2026) — Pacific Power has filed a general rate case with the Oregon Public Utility Commission with a plan that would keep rates stable in the near-term, deliver lower rates in early 2027 and delay a minimal residential rate increase until the third quarter of 2027.  

 

Under the proposal, residential customers would see stable bills in 2026, followed by decreases in the first half of 2027 and a minimal net rate increase in July 2027. If approved, interim rates would take effect June 5, 2026, and remain in place while regulators review the full general rate case. 

  

The company’s proposal addresses the rising costs of doing business and ensures critical investments in the grid, while keeping rates stable for customers. More information is available on the company’s Oregon rate proposal page

   

“Affordability is an ongoing concern for our customers,” said Rick Link, senior vice president of regulation and planning. “Our job is to deliver safe, reliable power and keep costs as low as possible, while making the necessary investments needed for long-term reliability. We’ve worked hard to manage what we can and provide predictability for our customers.” 

 

While reflecting Pacific Power’s commitment to affordability, the proposal also acknowledges several cost pressures affecting the delivery of safe and reliable electric service, including higher cost of materials needed to maintain and replace power lines, poles and other equipment, as well as rapidly rising insurance costs for wildfire risk. 

 

Participation in the Extended Day-Ahead Market showcases how Pacific Power is innovating to deliver value and help keep customer costs low. Since helping pioneer the Western Energy Imbalance Market, an energy market that provides access to the lowest-cost power available, the company has delivered more than $297 million in customer benefits to Oregon customers. Building on that proven track record, EDAM will further optimize how electricity is bought and sold on the open market, creating additional savings opportunities that will benefit customers. 

  

To assist vulnerable customers, the company offers the Oregon Low-Income Discount Program, which is helping over 70,000 of our most vulnerable customers across the state lower their power bills from 20% to 80%, depending on their income. More information is available at PacificPower.net/LID. Customers can also access a variety of bill support programs through local community action agencies, including the Oregon Energy FundOregon Energy Assistance Program and Low-Income Home Energy Assistance Program.   

  

Pacific Power also offers a variety of ways to budget for energy expenses, including time of use and equal pay billing options, and energy use tracking offered online and through the company’s mobile app. In partnership with Energy Trust of Oregon, Pacific Power customers can access information and rebates to help improve their energy efficiency and lower their bills. Customers can call 1-888-221-7070 to discuss options.   

 

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About Pacific Power

 

Pacific Power provides safe and reliable electric service to more than 800,000 customers in Oregon, Washington and California. The company supplies customers with electricity from a diverse portfolio of generating plants including hydroelectric, natural gas, coal, wind, geothermal and solar resources. Pacific Power is part of PacifiCorp, one of the lowest-cost electricity producers in the United States, with over two million customers in six western states. For more information, visit PacificPower.net.

Pacific Power Working Toward Rate Stability For Oregon Customers - 05/05/26

 

FOR IMMEDIATE RELEASE  

Media hotline: 503-813-6018

 

Pacific Power working toward rate stability for Oregon customers 

General rate case seeks stable rates in 2026, lower rates in first half of 2027 

 

Portland, Ore. (May 5, 2026) — Pacific Power has filed a general rate case with the Oregon Public Utility Commission with a plan that would keep rates stable in the near-term, deliver lower rates in early 2027 and delay a minimal residential rate increase until the third quarter of 2027.  

 

Under the proposal, residential customers would see stable bills in 2026, followed by decreases in the first half of 2027 and a minimal net rate increase in July 2027. If approved, interim rates would take effect June 5, 2026, and remain in place while regulators review the full general rate case. 

  

The company’s proposal addresses the rising costs of doing business and ensures critical investments in the grid, while keeping rates stable for customers. More information is available on the company’s Oregon rate proposal page

   

“Affordability is an ongoing concern for our customers,” said Rick Link, senior vice president of regulation and planning. “Our job is to deliver safe, reliable power and keep costs as low as possible, while making the necessary investments needed for long-term reliability. We’ve worked hard to manage what we can and provide predictability for our customers.” 

 

While reflecting Pacific Power’s commitment to affordability, the proposal also acknowledges several cost pressures affecting the delivery of safe and reliable electric service, including higher cost of materials needed to maintain and replace power lines, poles and other equipment, as well as rapidly rising insurance costs for wildfire risk. 

 

Participation in the Extended Day-Ahead Market showcases how Pacific Power is innovating to deliver value and help keep customer costs low. Since helping pioneer the Western Energy Imbalance Market, an energy market that provides access to the lowest-cost power available, the company has delivered more than $297 million in customer benefits to Oregon customers. Building on that proven track record, EDAM will further optimize how electricity is bought and sold on the open market, creating additional savings opportunities that will benefit customers. 

  

To assist vulnerable customers, the company offers the Oregon Low-Income Discount Program, which is helping over 70,000 of our most vulnerable customers across the state lower their power bills from 20% to 80%, depending on their income. More information is available at PacificPower.net/LID. Customers can also access a variety of bill support programs through local community action agencies, including the Oregon Energy FundOregon Energy Assistance Program and Low-Income Home Energy Assistance Program.   

  

Pacific Power also offers a variety of ways to budget for energy expenses, including time of use and equal pay billing options, and energy use tracking offered online and through the company’s mobile app. In partnership with Energy Trust of Oregon, Pacific Power customers can access information and rebates to help improve their energy efficiency and lower their bills. Customers can call 1-888-221-7070 to discuss options.   

 

###

 

About Pacific Power

 

Pacific Power provides safe and reliable electric service to more than 800,000 customers in Oregon, Washington and California. The company supplies customers with electricity from a diverse portfolio of generating plants including hydroelectric, natural gas, coal, wind, geothermal and solar resources. Pacific Power is part of PacifiCorp, one of the lowest-cost electricity producers in the United States, with over two million customers in six western states. For more information, visit PacificPower.net.