---
schema_version: "secwatch.filing_event.v1"
accession: "0000784977-25-000163"
form_type: "8-K"
ticker: "POR"
cik: "0000784977"
company_name: "PORTLAND GENERAL ELECTRIC CO /OR/"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:37:53.892113+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OPUC approves PGE's Seaside battery storage rate recovery; $220M rate base, 9.34% ROE

## Summary
- Rate base increase of $220M net of $125M ITC benefits; annual revenue requirement increase $42M vs $46M filed.
- Order adopts 9.34% return on equity for Seaside project serving customers since July 2025.
- $6M revenue requirement increase for remainder of 2025, inclusive of NVPC customer benefits.
- Earnings test adopted to track revenues and refund excess earnings if ROE exceeds authorized level.
- Seaside revenue requirement effective October 31, 2025; NVPC included in 2026 AUT filings.

## SEC filing metadata
- accession: 0000784977-25-000163
- form_type: 8-K
- ticker: POR
- cik: 0000784977
- company_name: PORTLAND GENERAL ELECTRIC CO /OR/
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/784977/000078497725000163/0000784977-25-000163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/784977/000078497725000163/por-20251021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000784977-25-000163
- JSON: https://secwatch.observer/filing/0000784977-25-000163.json
- Plain text: https://secwatch.observer/filing/0000784977-25-000163.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.