Portland General Electric could raise rates by 7% in new proposal

Portland General Electric residential customers saw an 18% increase in the cost of their electricity bills since the beginning of January, the highest rate increase within the past two decades. Now, a new proposal from the utility aims to raise those rates again. If approved, electricity bills could be 7% higher than they are now starting at the beginning of 2025. Bob Jenks is the executive director of the Oregon Citizens’ Utility Board, an advocacy group that represents consumer interests in utilities. He joins us to share his thoughts on the proposal. We’ll also hear from a representative from PGE.

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