Utility watchdog calls to cap Oregon rate hikes as energy bills continue to rise

Electric and gas rates are on the rise, and it’s being felt by Oregonians across the state.

Energy rates are going up, in part, due to the increase in the price of natural gas — predominantly methane gas— used to power homes and buildings. The transition from fossil fuels to renewable energy infrastructure, like wind, solar farms and battery storage is also a factor. And then there’s company profits.

Now, there is a push to put limits on how much an electric or gas utility can raise energy rates in one year, which could help energy bill shocks and prevent utilities from huge increases every year.

Source: Utility watchdog calls to cap Oregon rate hikes as energy bills continue to rise – OPB