Oregon HB4025 allows public utilities to raise residential rates year-round, except for power or gas companies.

Oregon HB4025 amends the state's public utility regulations to allow public utilities, excluding power or gas companies, to raise residential rates year-round. The bill specifies that rate changes for these utilities can take effect from November 1 to March 31. The Public Utility Commission must consider various factors when approving a rate plan, including promoting efficiency, cost control, and ensuring rates are fair and reasonable. The commission can adjust rates to mitigate significant increases that might hinder customers' ability to maintain adequate utility service.

Oregon HB4025 allows public utilities to raise residential rates year-round, except for power or gas companies.

Oregon HB4025 amends the state's public utility regulations to allow public utilities, excluding power or gas companies, to raise residential rates year-round. The bill specifies that rate changes for these utilities can take effect from November 1 to March 31. The Public Utility Commission must consider various factors when approving a rate plan, including promoting efficiency, cost control, and ensuring rates are fair and reasonable. The commission can adjust rates to mitigate significant increases that might hinder customers' ability to maintain adequate utility service.