Power Market Costs Behind Rate Increases, PGE Says
CEO Pope’s Letter Seeks to Address Concerns Raised by Ore. Senator
PGE CEO Maria Pope called for a regulatory framework that can efficiently address cost allocation in the face of new challenges. | © RTO Insider LLC
Dec 3, 2024
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Portland General Electric’s rate hikes largely stem from increased wholesale power market costs, the utility wrote after Sen. Ron Wyden voiced concern that Oregon customers are struggling to pay their electricity bills.
