PGE customers can expect to pay 18% more on their power bills starting Jan. 1

Oregon regulators have finalized the 2024 rate increase, which will cost the average single-family household an extra $24.59 each month.

PORTLAND, Ore. — Customers of utility company Portland General Electric will pay more on their bills next year, after state regulators finalized rate increases that go into effect Monday, Jan. 1.

PGE proposed a 14% rate increase earlier this year, but the Oregon Public Utility Commission has been deciding on the exact rate structure over the last few months. The PUC foreshadowed the rate changes at the end of October, noting that they would not be finalized until December.

Residential customers of PGE will

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