Latest Breaking News On - Oregon energy fund - Page 6 : comparemela.com

The Oregon Public Utility Commission (PUC) recently finalized rate increases for PacifiCorp (dba Pacific Power) customers effective January 1, 2023. The increase stems from decisions in two proceedings an annual adjustment for power costs, which are markedly higher due to market volatility, and a general rate case filing for non-energy related costs, including costs to mitigate wildfire risk. The decisions result in an average overall rate increase of 14.8 percent combined for all customer types. A typical residential customer using 900 kilowatt hours per month can expect monthly bills to increase from $91.89 to $111.34. The impact varies depending on actual energy usage for residential, commercial, and industrial customer types. Significant increases in Pacific Power's expected cost to purchase and produce electricity in 2023 are a primary driver of the increase, based on forecasts for both the higher cost of fuel (natural gas and coal) to produce electricity and the higher cost

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