PGE rates are up 31% since 2022. The surge may continue

The trend of rising utility fees raises further questions about regional affordability, long a Portland competitive advantage over other West Coast urban areas.

PORTLAND, Ore. — Just as nobody thinks about electricity service until the power fails, rates don’t get much attention until they go up. Then there’s hell to pay.

Oregon’s two major investor-owned electric utilities are finding that out. After a long run with prices only creeping higher, Portland General Electric and PacifiCorp’s Pacific Power utility face an uproar over big spikes and the prospect of more.

PGE (NYSE: POR), the state’s largest electricity provider, felt a particular sting last week when

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