By Garrett Christensen on Friday, February 16th, 2024 in More Top Stories Northeastern Oregon News
WALLOWA COUNTY – (Information from Pacific Power) Pacific Power recently announced that it filed a general rate case and a Transition Adjustment Mechanism update with the Oregon Public Utility Commission. In total, this could result in a roughly 16.9% rate adjustment for customers, or a roughly $29.47 increase per month assuming average energy usage. This, in theory, will provide Pacific Power with an additional $304 million to be invested in wildfire risk management, infrastructure, and renewable energy.
In the announcement for these changes, Matt McVee, Pacific Power Vice President of regulatory policy and operations, gave the following statement:
“Through careful stewardship on behalf of our customers, we have delivered safe, reliable and affordable service at prices that are well below the national average. While our essential operating costs remain low, extreme weather events and increased wildfire risks are impacting all households and businesses, raising the costs of providing our essential services. We remain steadfast in our commitment to our customers and our communities and will continue to seek new ways to reduce impacts to customer bills while making critical investments in the West’s energy grid.”
In the same announcement, Pacific Power further outlined the following primary factors for the rate increase.