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Oregon Utility Commission Shrinks Pacificorp Rate Hike

OPB | Dec. 20, 2012 5:14 p.m. | Updated: Dec. 20, 2012 7:14 p.m. | Portland

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Oregon’s Public Utility Commission has sliced a rate increase requested by the electric company, Pacificorp. The investor-owned utility wanted a three-and-a-half percent increase. The utility commission announced Thursday that it approved a rate hike of just half a percent, starting January 1st.

A statement from the commission said the ruling factors in Pacificorp’s investments in transmission lines. But commissioners didn’t add in Pacificorp’s coal plant upgrades.

A Pacificorp official said the decision was complicated, and the company wasn’t prepared to comment on it immediately.

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