secwatch.observer — SEC 8-K summary
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Issuer:     PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK:        0000784977
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0000784977-24-000054
Event type: regulatory
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

PGE files $225M rate case with Oregon PUC seeking ~7.4% revenue increase
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- $225M annual revenue increase request (~7.4% overall price hike) based on 2025 test year.
- Requested ROE 9.75%, cost of capital 7.189%, rate base $7.5B with 50/50 debt-equity structure.
- Cost recovery for non-emitting battery projects, transmission/distribution upgrades, and grid reliability investments.
- OPUC final order targeted by end of 2024; new customer prices expected Jan 1, 2025.
- Separate Annual Power Cost Update Tariff filed seeking $37M for higher net variable power costs in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784977/000078497724000054/0000784977-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784977/000078497724000054/por-20240229.htm
  HTML page:      https://secwatch.observer/filing/0000784977-24-000054

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