Utility rates for PGE customers expected to rise by 17% in 2024

This marks the second year in a row that PGE has increased its rates. In 2023, rates for residential customers increased between 7% and 20%.

PORTLAND, Ore. — Utility rates for Portland General Electric (PGE) customers are expected to go up by about 17% in 2024, the Oregon Public Utility Commission (PUC) said Tuesday. The utility commission recently approved two PGE rate increases: a yearly adjustment for power supply costs and a general rate increase for all other utility costs.

This marks the second year in a row that PGE has increased its rates. In 2023, rates for residential customers increased between 7% and 20%. Earlier

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