PacifiCorp, citing a credit rating beaten down by wildfire liabilities, earlier this month asked the PUC to approve a $55.1 million increase, effective June 4.
OREGON, USA — This story comes from the Portland Business Journal, a KGW News partner. The full story is here.
Oregon utility regulators on Tuesday denied PacifiCorp’s request for an interim rate increase, agreeing with a staff analysis that the company hadn’t demonstrated a “dire need” for a cash infusion.
PacifiCorp, citing a credit rating beaten down by wildfire liabilities, earlier this month asked the Public Utility Commission to approve a $55.1 million increase, effective June 4.
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