Pacific Power Oregon customers to see decrease on February bills due to federal tax savings
Pacific Power customers in Oregon will see a decrease in their bills beginning Feb. 1 as a result of the Tax Cuts and Jobs Act, Pacific Power said Tuesday.
Residential customers in Oregon will see a bill reduction of approximately 3.8 percent. A typical Oregon residential customer who uses 900 kilowatt hours of electricity per month will see a reduction from roughly $98.52 to approximately $94.40 per month after Feb. 1.
Commercial and industrial customers in the state will see decreases ranging from three percent to four percent, depending on their customer classification.
“This was a pledge we made and were determined to keep,” Barb Coughlin, Pacific Power vice president of customer service, said. “Whenever we can pass savings on to customers, we do. In this case, tax policy changes enabled us to reduce annual operating expenses. In other instances, we save money by innovating within our own operations or investing wisely in renewable energy. All of these efficiencies are designed to increase the savings and overall value we deliver to our customers. We remain committed to passing on tax savings to our customers when and where possible as well as minimizing any increases resulting from potential Oregon tax policy changes being considered in the 2019 legislative session.”
