UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 11, 2008
PORTLAND GENERAL ELECTRIC COMPANY
(Exact name of registrant as specified in its charter)
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Oregon |
1-5532-99 |
93-0256820 |
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(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
121 SW Salmon Street, Portland, Oregon 97204
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: (503) 464-8000
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 Other Events.
On August 11, 2008, the Public Utility Commission of Oregon (OPUC) issued a ruling that granted the Utility Reform Project's (URP) recent request for oral argument in the proceedings before the OPUC relating to the recovery by Portland General Electric Company of a return on its investment in the Trojan Nuclear Plant. PGE did not object to the URP's request. The oral argument is scheduled for September 4, 2008. The ruling also modified the procedural schedule by extending the expected date of the OPUC order from September 12, 2008 to September 30, 2008 in order to provide additional time for the OPUC to fully consider the oral arguments. A copy of the ruling is attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Ruling of the OPUC dated August 11, 2008
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PORTLAND GENERAL ELECTRIC COMPANY |
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(Registrant) |
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Date: |
August 13, 2008 |
By: |
/s/ James J. Piro |
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James J. Piro Executive Vice President, Finance Chief Financial Officer and Treasurer |
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EXHIBIT 99.1
ISSUED: August 11, 2008
BEFORE THE PUBLIC UTILITY COMMISSION
OF OREGON
DR 10, UE 88, and UM 989
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In the Matters of |
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The Application of Portland General Electric |
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Company for an Investigation into Least |
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Cost Plan Plant Retirement, (DR 10) |
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Revised Tariffs Schedules for Electric |
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RULING |
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Service in Oregon Filed by Portland |
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General Electric Company, (UE 88) |
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and |
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Portland General Electric Company's |
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Application for an Accounting Order and |
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for Order Approving Tariff Sheets |
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Implementing Rate Reduction. (UM 989) |
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DISPOSITION: REQUEST FOR ORAL ARGUMENT GRANTED; SCHEDULE MODIFIED
On August 4, 2008, Utility Reform Project, et al. (URP), submitted its reply brief in Phase III of this docket. URP included a request for oral argument in the brief, stating that oral argument is required because these remand proceedings qualify as a "major proceeding" under OAR 860-014-0023.
URP is correct that these remand proceedings meet the definition of a "major proceeding" under OAR 860-014-0023. URP, however, should have made this request for oral argument much earlier in these proceedings: "If a case is classified as a major proceeding, parties must schedule a date for oral argument before the Commission at the prehearing conference or as soon thereafter as possible." OAR 860-014-0023(4). Counsel for URP was present when the schedule for Phase III was established at a prehearing conference on March 12, 2008. URP did not request oral argument and supported the schedule ultimately adopted by the Administrative Law Judges.
We grant URP's request for oral argument despite the request's procedural shortcomings. Oral argument is scheduled in the Commission's Main Hearing Room at 9:30 a.m. on September 4, 2008.1
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Due to the Commissioners' schedules and the lateness of URP's request, it was not possible to scheduleoral argument in August.
If URP had requested oral argument earlier, we could have modified the
procedural schedule to still allow issuance of a Commission decision in these proceedings
by September 12, 2008. But given that URP's request was made at such a late date, the
Commission will be unable to fully consider the arguments made during the oral
argument and still issue a decision by September 12. An order will now be issued by
September 30, 2008.
Dated this 11th day of August, 2008, at Salem, Oregon.
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Michael Grant Chief Administrative Law Judge |
Sarah Wallace Administrative Law Judge |