May 06, 2009
PGE distributes more than $46 million in fee payments to city governments
PORTLAND, Ore. — Portland General Electric recently presented more than $46 million in payments to 52 Oregon cities located within the company’s service area for 2009. The payments represent monies from annual franchise fees and privilege taxes PGE pays city governments for the right to operate within their municipalities.
The amount PGE pays a city ranges from 3.5 to 5 percent of the annual gross revenue earned within that city. Individual city results will vary based on a variety factors, such as local changes to population, economic and business conditions, and participation by some non-residential customers in Oregon’s electricity direct access program.
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For more information, contact:
Brianne Hyder, PGE,
503-464-8442