by Todd Wynn
Cascade Policy Institute
Portland General Electric (PGE) customers may have noticed something new on their bills recently. Last month, a “renewable resource adjustment” was added to electricity bills to pay for additional renewable resources like wind power. Even if you are not enrolled in the Green Power Program, all PGE customers are forced to pay for renewable energy. According to PGE, ratepayers can thank their legislators for this added electricity cost.
In 2007, Oregon legislators passed a Renewable Portfolio Standard (RPS), forcing major utilities to procure 25% of their electricity from new renewable resources by 2025. With much fanfare, Governor Kulongoski claimed that this would be “protecting ratepayers with more stable and predictable utility rates.” Environment Oregon also claimed that ratepayers will save money by having utilities invest in wind energy instead of in fossil fuels. They were wrong.Read the full article and discuss it »