PGE receives decision from Oregon Public Utility Commission in 2025 rate review
Portland General Electric Co (POR)
Last portland general electric co earnings: 4/24 05:00 am
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Source: PR Newswire
Rate decision supports investments in battery storage, transmission infrastructure and maintenance to improve reliability for customers.PORTLAND, Ore., Dec. 20, 2024 /PRNewswire/ -- The Oregon Public Utility Commission (OPUC) issued its decision today in the 2025 rate review requested by Portland General Electric in February 2024. The resulting rate changes, ranging from 5.5% to 7.7% based upon customer type, will take effect January 1, 2025, and support infrastructure investments serving customers, including a local battery energy storage system designed to improve the availability of PGE's renewable energy sources and reduce the need to purchase power, and include investments to modernize infrastructure and technology."PGE is working to keep prices as low as possible, knowing that customers depend on the energy we provide every day," said John McFarland, VP Chief Commercial and Customer Officer. "To achieve this, we are making investments in a smarter and stronger energy grid to red
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News
- Portland General Electric (NYSE: POR) had its price target lowered by analysts at Bank of America Co. from $46.00 to $43.00. They now have an "underperform" rating on the stock.MarketBeat
- PGE receives decision from Oregon Public Utility Commission in 2025 rate review [Yahoo! Finance]Yahoo! Finance
- Is Portland General Electric Company (POR) the Best Mid-Cap Dividend Aristocrat to Buy Now? [Yahoo! Finance]Yahoo! Finance
- MHI Hydrogen Infrastructure Formalizes Agreement with Pacific Northwest Hydrogen Association to Further Advance the Region's Clean Energy and Economic Objectives [Yahoo! Finance]Yahoo! Finance
- PGE CEO blames inflation, infrastructure investments for proposed rate hikes in response to Wyden [Yahoo! Finance]Yahoo! Finance
POR
Earnings
- 10/25/24 - Beat
POR
Sec Filings
- 12/23/24 - Form 8-K
- 11/15/24 - Form 8-K
- 11/12/24 - Form SC
- POR's page on the SEC website