Based on 2003 data from the Oregon Public Utility Commission, which was released in September 2004, PGE ratepayers pay more than ratepayers of any publicly-owned electric utility in Oregon except tiny Cascade Locks with 561 total customers. All five Peoples Utility Districts have lower
rates than PGE. The cost of publicly-owned power averaged 5.73 cents per kilowatt-hour, 21 percent less than PGE. We
even pay 20 percent more than investor-owned Pacific Power which serves part of Portland. PUD utilitiy rates are as much as one-half less.
fact is that up and down the West Coast, publicly-owned power is LESS
MORE reliable, more environmentally responsible, and better
has six operating electric PUD's that serve approximately nine percent
of our state’s
electric needs. They are: Central Lincoln PUD in Newport; Clatskanie
PUD in Clatskanie; Columbia River PUD in St. Helens; Emerald PUD
in Eugene; Northern Wasco County PUD; and Tillamook PUD in Tillamook.
PUD's exist in Washington State, including Clark County, Tacoma, and Seattle.
with lower rates, a ratepayer-owned utility will bring to ratepayers integrity,
fairness. Substantial evidence exists that Enron and PGE engaged in fraud
and deceit which
area residents are paying for to this day.
Since Enron's takeover
in 1997, ratepayers have given PGE about $750 million (through May 2005) to cover the alleged cost
of its federal and state income tax obligations. It amounts to a 7% surcharge on electric bills. The Oregon PUC continues to allow it. The amount increases by $7,750,000 every month.
The only money government received sine 1997 was $221,000 for federal income taxes and $10 for Oregon income taxes, both occurring in 2002. Yet that year, PGE had earnings of $66 million
and revenue of $1.855 billion. In
while PGE was giving Enron our income tax payments, Enron received "net
federal tax rebates" of at least $379 million from 1997 until the company filed for bankruptcy in 2001.
a ratepayer-owned utility that can be trusted
to provide reliable energy at the lowest possible cost. The ONLY option for
the future of PGE that protects ratepayers and our local economy from further ruin is public ownership.
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