Pacific Power has reached a proposed settlement with Oregon Public Utility Commission staff and other parties that would keep the average residential rate increase to about 0.3% in April 2027, compared with April 2026.
The settlement includes a proposed 9% general rate increase. Other rate reductions and adjustments during the same period would offset nearly all of that increase, the company said.
Commercial and industrial customers would see an estimated average decrease of 6.5% over…