Oregon Halves PacifiCorp Rate Request

Pursuant to a partial stipulation, the Oregon Public Utility Commission granted PacifiCorp dba Pacific Power a mere 0.5-percent increase in its base rates, or $20.7 million. The utility had asked for $41.2 million in rate relief, an increase of 3.5 percent. The parties to the settlement had been unable to agree on specific values for the company’s cost-of-capital components, but listed in the stipulation a “notational value” of 9.8 percent for ROE. For the full story and more analysis, subscribe to Utility Regulatory Newshttp://www.fortnightly.com/utility-regulatory-news-free-trial