PORTLAND, Ore., July 30, 2021 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income of $32 million, or 36 cents per diluted share, for the second quarter of 2021. This compares with net income of $39 million, or 43 cents per diluted share, for the second quarter of 2020.
"Facing historic temperatures and record demand in June, our system performed well as we maintained consistent and reasonably priced power delivery to all customers," said Maria Pope, PGE president and CEO. "The investments that we have made in generation and in building a safe, reliable, and resilient grid, prepared us well for the recent high heat events. Our recently filed 2022 general rate case seeks to further this work, while keeping prices affordable. Investing in a safe, reliable and resilient energy system as well as access to adequate energy resources is important as we face a rapidly changing climate."