News
Alternative energy sparks rate-hike pleas
Big investments in renewable energy could mean higher electric bills, hitting households and businesses during high unemployment and a weak economy.
Oregon's biggest electric companies, PacifiCorp and Portland General Electric, filed for rate increases last week with state utility regulators.
Both cited renewable energy projects as the reason.
April 8, 2009
by The Associated Press
in Gazette Times
PORTLAND - Big investments in renewable energy could mean higher electric bills, hitting households and businesses during high unemployment and a weak economy.
Oregon's biggest electric companies, PacifiCorp and Portland General Electric, filed for rate increases last week with state utility regulators.
Both cited renewable energy projects as the reason. If approved by the Oregon Public Utility Commission, the raises would take effect in early 2010, The Oregonian said.
PacifiCorp wants a $92.1 million increase, or 9.1 percent, which would add an average of $5.12 to a residential customers monthly bill, which is at about $82.85 for 950 kilowatt-hours per month.
PGE's investment... [continue via Web link]
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