No replies to this topic

[Lightningrod]

March 02, 2010, 1:35PM
Pacific Power is seeking a 20 percent increase in electricity rates starting next January to cover major investments in transmission and generation as well as forecasted higher power costs next year, according to filings with the Oregon Public Utility Commission.

The company also intends to file an additional request for a rate increase of about 1.5 percent later this year to cover the eventual removal of dams on the Klamath River.

Pacific Power is Oregon's second largest investor-owned utility. It's 553,000 Oregon customers are spread in pockets throughout the state, from the coast to Portland, and from Enterprise and Bend to Klamath Falls and Medford. Its territory includes some of the areas in Oregon hardest hit by the recession.

The new requests come on top of rate increases earlier this year that added about 5 percent to customers bills. They also come as the state's largest electric utility, Portland General Electric Co., has filed a request for a 7.4 percent rate increase.


http://www.oregonlive.com/business/index.s..._percent_1.html