The Oregon Public Utility Commission has set Portland General Electric’s rates for 2016.
Beginning January 1, typical residential customers will see their bills go down about $3 a month.
But Marc Hellman, a rates administrator at the PUC, says the decrease may be short-lived. “The big factor coming up is a new gas plant that’s scheduled to come on line the first half of 2016. And when that plant comes on line customers will see a modest increase,” he said.
PGE prices vary from year to year — with the PUC’s approval — based on wholesale energy prices, capital investments, maintenance, labor and other costs.