PacifiCorp asks permission to pass wildfire liability costs customers - Statesman Journal

PacifiCorp asks permission to pass wildfire liability costs customers

PacifiCorp asks permission to pass wildfire liability costs to customers

The request to the Oregon Public Utility Commission would allow the utility to add any costs related to the 2020 wildfires to customer rates.

PacifiCorp has asked state regulators to let it potentially pass the cost of damages it owes for wildfires in 2020 onto its customers.

In a filing Thursday with the Oregon Public Utility Commission, PacifiCorp asked the regulatory body to allow the utility to defer any costs related to wildfire liability through June 2024. That would give the company the option to add those costs to customer rates in the future.

Earlier this week, a Multnomah County jury found PacifiCorp owes around $90 million in damages related to four wildfires after its Oregon business, Pacific Power, had a hand in causing or worsening those fires on Labor Day weekend 2020.

“The deferred accounting application enables (PacifiCorp) to preserve its ability to seek (wildfire cost) recovery in the future in the event the outcome could potentially impact the financial stability of the Company, which would result in higher costs to customers,” attorneys for PacifiCorp wrote regulators.

Customers pay the costs of prudent, reasonable utility operations,” said Bob Jenks, the CUB executive director. “The court found that Pacific Power was reckless and grossly negligent, and included punitive damages meant to punish the company, not customers. Customers should not pay a dime of these costs.”

The state Public Utility Commission, which approves rates and regulates utilities in Oregon, would need to approve PacifiCorp’s request before it can defer the wildfire liability costs. Citizens’ Utility Board said Friday that it intends to fight that approval.

The organization also noted that Pacific Power customers already experienced a rate increase this year for costs related to wildfire mitigation. Given PacifiCorp’s plans to spend more money in coming years on similar efforts, it’s likely customers will already see their bills rise before any costs related to the 2020 Labor Day fire litigation are added.

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