Understanding Our Pricing
How prices are determined
Like all investor-owned utilities in Oregon, PGE undergoes a price-setting process with the Oregon Public Utility Commission, called a rate case, when it needs to ask the Commission to set or change the overall prices customers pay for electric service. PGE bases its proposed prices on forecasts of what it believes its future costs to provide service will be, plus a reasonable rate of return.
PGE customers have a voice in the rate case process. With support from PGE, the OPUC 
holds open houses for the community on every rate case considered. Customers are encouraged to attend these open houses and provide feedback. The OPUC then sets prices for residential and business customers at levels it determines to be just and reasonable.
Annually, in between rate cases, the OPUC also adjusts prices to reflect the projected net cost of the power needed to serve customers for the year ahead and make any other necessary changes. This includes the cost for PGE to generate its own energy — which is affected by prices for raw fuel like coal and natural gas — and how weather will affect the output of hydroelectric and wind generators. Price adjustments also include the predicted cost to buy supplemental energy from other suppliers on the wholesale power market.
The Public Utility Commission of Oregon approved the following Advice Filings, which became effective on January 1, 2024. In addition, PGE filed the UE 416 General Rate Revision Compliance Filing. The Tariff is labeled P.U.C. Oregon No. E-19 and superseded the Company’s previous Tariff, P.U.C. Oregon No. E-18, in its entirety, effective January 1, 2024. The listed Advice Filings were incorporated in Advice No. 23-40 UE 416 General Rate Revision Compliance Filing, and the final tariffs were labeled P.U.C. Oregon No. E-19, Original Sheets.
The overall change in revenues resulting from Order No. 23-386 was an increase of $391 million. In addition, with the approval of the Adjustment Schedules, the overall average price change was a $386 million increase, primarily due to increasing power costs. Rates for residential customers increased by 18% on average, nonresidential customers experienced a 14% on average increase, and large nonresidential customers faced a 12% on average increase.
Interested to know what’s next? Stay up-to-date with PGE's 2025 rate review filing to see what we are planning to build a smarter, more resilient and reliable energy future.
How you fit in to common pricing schedules
The following pricing schedules are the most typical for residential and business customers. Your monthly statement shows your schedule or schedules (some businesses may have more than one).
Residential customers Schedule 7, Basic Service
This is the plan most residential customers are on. Pricing is based directly on the costs PGE incurs in providing electric service. You will continue on Basic Service automatically unless you select another option. Your electricity price equals your actual usage billed at the Basic Service rate. Your total bill includes other items such as the basic charge, distribution and supplemental adjustments.
Business customers Schedule 32, small non-residential basic service
This schedule applies to business customers who have not exceeded 30 kW more than once in the previous 13 months (or once with seven months or less of service). The price you pay for electricity is determined by the amount you use.
Schedule 83, commercial customers
Customers in this schedule have not exceeded 200 kW more than six times in the preceding 13 months and have not exceeded 4,000 kW more than once within the prior 13 months (or once with seven months or less of service).
The price you pay for electricity is determined by the amount you use and the rate at which you use it.
Schedule 85, large commercial customers
Customers in this schedule have exceeded 200 kW more than six times in the preceding 13 months but have not exceeded 4,000 kW more than once within the prior 13 months (or once with seven months or less of service).
The price you pay for electricity is determined by the amount you use and the rate at which you use it.
Schedule 89, industrial customers
Customers in this schedule have a demand that exceeded 4,000 kW at least twice within the prior 13 months (or once with seven months or less of service).
The price you pay for electricity is determined by the amount of electricity you use and the rate at which you use it.