Pacific Power Requests First Interim Rate Increase in 25 Years

Pacific Power requests first interim rate increase in 25 years

PORTLAND, Ore. (KOIN) — An Oregon energy provider submitted a request to alter its rates this week as part of a plan they say would help stabilize consumer prices in the near future and even lower them by early 2027, but not everyone is convinced the plan makes sense for customers. Pacific Power, a division [...]

Pacific Power asks to split up looming rate increase

Pacific Power is requesting to increase residential rates by nearly 3% starting next month and, in a rare move, is asking regulators for immediate approval while the company makes its case for a longer-term rate increase. The company has requested rate hikes that would amount to a total increase of 11% for electricity bills by July 2027, but Pacific Power assures regulators that through asset sales and other cost cutting, it can keep the ultimat…