PacifiCorp customers in Washington to see monthly bill increase
PORTLAND, Ore. (KOIN) – Rates are about to go up for PacifiCorp customers in Washington.
State regulators approved a two-year rate plan that will increase the average customer’s bill by $4.37 per month. That means a customer using approximately 1,200 kilowatt-hours per month will need to pay roughly $129.66 per bill.
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Starting March 2025, rates will increase an additional $6.07 per month.
The Washington Utilities and Transportation Commission said these rate hikes will allow the company to “recover costs related to power, investments to support its clean energy transition, and increases in the cost of capital, among other factors.”
This announcement comes after Pacific Power, a division of PacifiCorp, increased their rates for Oregon customers in January 2024.
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The exact impact on customers’ bills varied depending on the energy type and usage, but it amounted to a 12.9% average increase for residential customers.
Pacific Power also released its rate proposal that could lead to a 16.9% rate increase in 2025.
The company claims these rate adjustments account for market volatility, annual power cost adjustments, and wildfire risk mitigation.
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In June 2023, a jury found PacifiCorp responsible for causing devastating wildfires that destroyed several homes over Labor Day weekend in 2020 after failing to shut off power during a windstorm.
The jury ordered the company to pay $90 million to 17 homeowners who sued PacifiCorp for their losses.
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