secwatch.observer — SEC 8-K summary
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Issuer:     PORTLAND GENERAL ELECTRIC CO /OR/ (POR)
CIK:        0000784977
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0000784977-25-000163
Event type: regulatory
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784977/000078497725000163/0000784977-25-000163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784977/000078497725000163/por-20251021.htm
  HTML page:      https://secwatch.observer/filing/0000784977-25-000163

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