OPUC Approves PGE Price Changes for 2018
Changes reflect system investments in safety, reliability and security
"We do not take price increases for electric service lightly," said,
The OPUC's action on prices for 2018 is the culmination of a 10-month independent review process that includes active participation by customer advocates and other stakeholders, as well as representatives from PGE.
Across the major customer categories, the overall average price changes, including other adjustments, starting in January are:
• Residential (schedule 7): |
4.2 percent | ||||
• Small business (schedule 32): |
1.7 percent | ||||
• Commercial (schedule 83): |
0.7 percent | ||||
• Large commercial (schedule 85): |
0.6 percent | ||||
• Industrial (schedules 89 and 90): |
-3.3 percent | ||||
The impact of specific price changes varies for individual customers depending on the amount of power they use each month and their customer category. Price differences among customer categories reflect PGE's varying cost to serve those customers. Because the 2018 price increase covers investments in the distribution system which affect more residential customers than business customers, residential customers will receive a higher price impact.
Information on OPUC actions regarding PGE prices is available online at www.oregon.gov/puc.
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PGE
Steven.Corson@pgn.com
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