Pacific Power Rate Increase 2027: Settlement Would Net 0.3%

Pacific Power’s Oregon residential customers would see a net average increase of about 0.3% in April 2027 under a settlement the utility announced on Oct. 29, 2026. The deal includes a 9.0% general rate case increase for homes, but power cost decreases and other changes in 2026 and early 2027 offset almost all of it. The Oregon Public Utility Commission (PUC) still has to approve it. If it does, new rates take effect April 5, 2027.

Pacific Power is the trade name of PacifiCorp. This article covers its Oregon customers only. For how Oregon’s 2026 increases played out at Pacific Power and Portland General Electric, and how the state’s net metering works, see what changed in Oregon electric rates this year.

What the Settlement Says

Pacific Power filed its general rate case on May 5, 2026, according to a PUC public notice in docket UE 470. On Oct. 29, the company announced it had “reached a settlement with Oregon Public Utility Commission staff and other parties.” It did not name the other parties.

The status is settled, not approved. Pacific Power says: “Pending final approval by the Commission, residential customers would see a net average increase of about 0.3% in April 2027.” Commercial and industrial customers would see a net average decrease of about 6.5% over the same period.

Sources: Pacific Power’s Oregon rate proposal page (request) and its Oct. 29, 2026 news release (settlement), both checked Nov. 2, 2026.

Pacific Power says the settlement “reflects higher costs for poles, wires and other equipment, rising wildfire insurance costs and completed infrastructure projects.”

Why 9% Becomes 0.3%

A general rate case resets the base rates that pay for the poles, wires, staff and return on investment. Separate adjustment schedules on your bill pass through power costs and program charges, and those move on their own calendars. Our explainer on how electric rate cases work covers the difference.

Pacific Power’s release lists these residential changes between April 2026 and April 2027:

Source: Pacific Power news release, Oct. 29, 2026.

The Transition Adjustment Mechanism is Pacific Power’s annual forecast of net power costs, filed separately as docket UE 469. The January 2027 figure is an estimate, so the final net change could differ from 0.3%.

Why April. Oregon’s FAIR Act (HB 3179) prevents residential rate increases during the winter heating season, Nov. 1 to March 31, according to the PUC. Pacific Power’s release does not explain its timing, but it lists the estimated 3.0% power cost decrease for January 2027 and the base-rate increase for April.

What It Means for Your Bill

Pacific Power did not publish a dollar figure for the settlement. Earlier, on its rate proposal page, it said its original request would leave “a typical residential customer” paying “2% more” in April 2027 than in April 2026, or $3.12 a month.

As an illustration only: 0.3% of a $150 monthly bill is about 45 cents ($150 × 0.003). The $150 is a round example, not a Pacific Power figure. Because the changes are percentages applied to different parts of the bill, a household that uses more electricity than average will see a larger dollar change, and one that uses less will see a smaller one.

Three things to watch on your bill:

1. January 2027. The estimated 3.0% power cost decrease should show up first.
2. April 5, 2027. The base-rate increase and the April power cost decreases arrive together, if the commission approves.
3. Your own usage. The 0.3% is an average for residential customers, not a guarantee for every household.

If you need help with bills, Pacific Power points to its Level-Based Income-Qualified Discount, which it says lowers bills by 20% to 80% depending on income.

What It Means for Solar

Pacific Power offers net metering in Oregon, so each kWh your panels send to the grid offsets a kWh you would otherwise buy. A net change of about 0.3% barely moves the value of those credits.

The rule that matters more for sizing: in Oregon, unused net metering credits are donated to low-income bill assistance each March, so you are not paid for a surplus. Size the system to your yearly use. Our guide to the net metering true-up explains how annual resets work, and the solar payback guide shows how to run the numbers with your own rate.

What Happens Next

The PUC commissioners decide whether to adopt the settlement. We did not find the filed settlement document or a decision date in the docket records we could reach; Pacific Power’s release says only that the figures are pending final approval. We will update this article when the commission rules.

Sources and verification

We did not open the settlement filing itself; figures come from Pacific Power’s announcement. All figures are pending commission approval, and Pacific Power labels the January 2027 power cost figure as an estimate.