PGE files with OPUC to recover $47M revenue requirement for 200 MW Seaside battery storage

PORTLAND GENERAL ELECTRIC CO /OR/

Filed under OPUC Docket UE 455 for expedited cost-recovery of Seaside Battery Storage.
Requests annualized revenue requirement increase of $47M and rate base increase of $257M, net of $117M ITC.
Cost of capital based on OPUC-approved 9.34% ROE from 2025 General Rate Case (UE 435).
Seaside is a 200 MW facility in Portland, OR, expected commercial operation before Aug 21, 2025.
PGE seeks inclusion in customer prices by Oct 31, 2025; outcome of regulatory review uncertain.

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