Pge Rate Increase 2024 Portland Me. Customers of oregon’s two largest power companies can expect to see their rates go up at the beginning of 2024 as the electric utilities make final yearly adjustments to cover energy costs. This follows an 18% increase from last year, with an overall 43.8% increase since 2021.
In 2023, rates for residential customers increased between 7% and 20%. — portland general electric (pge) residential customers will see a significant rate hike starting next year as the utility received approval for residential.