Preparing for the 2024 Portland General Power Rate Increases

Slash Your Electricity Expenses! Practical Family Methods for Significant Savings

Power Rates Going Up Is All Our Problem

If you’ve been keeping an eye on the energy news in Oregon, you may have heard about the upcoming rate hikes from PGE to take effect in 2024 sourced by KATU.

Why does this matter? It’s just one increase…

Imagine you have a tiny snowball, and every day it rolls down a snowy hill, picking up more snow and getting bigger and bigger.

In the same way, if you spend a little bit more money than you should every day, that extra spending grows bigger and bigger over time, like the snowball.

So, let’s see how you can keep that piggy bank full against the rising rates.

Who Will Feel the Pinch? (you'll only need one guess)

Portland General Electric (PGE) customers in Oregon will face a substantial rate increase of approximately 17.2% rise in monthly bills beginning in January 2024.

Initially, PGE sought a 14% rate hike, but they changed their mind!

*Note: Despite concerns from customers and advocates at a public comment meeting in May, the Public Utility Commission approved the increase.

So, what can YOU do to offset the impact on your wallet and save on electricity costs heading into 2024?

5 simple ways to trim your electric bill:

Unplug Devices: Many chargers, appliances, and electronics use electricity even when they’re not actively being used. This is called “phantom” energy consumption. By unplugging these devices when you’re not using them, you can prevent this unnecessary energy use. It’s a simple action, but it can add up to significant energy and cost savings over time.
Limit Space Heater Use: Space heaters can be very helpful in keeping you warm, but they also use a lot of energy. To save on your energy bill, use space heaters only when necessary. Focus on heating the rooms you are actually using rather than the whole house. This targeted heating approach can help reduce your overall energy consumption.
Optimize Dishwasher Use: Dishwashers can use a significant amount of water and energy. To make your dishwasher usage more efficient, wait until it’s fully loaded before running it. This ensures that you’re maximizing the energy and water used per wash. Additionally, using the energy-saving cycle can further reduce energy use, as this setting often uses less water and operates for a shorter period.
Air Dry Clothes: Traditional dryers are among the most energy-intensive appliances in a home. A great way to save energy is by air drying your clothes. This can be done outdoors on a clothesline or indoors on a drying rack. Air drying not only saves energy but also can be gentler on your clothes, extending their lifespan.
Solar Panels: Installing solar panels on your home can be a significant upfront investment, but it can pay off over time by reducing or even eliminating your electricity bills. Solar panels generate electricity by converting sunlight into energy, providing a renewable and eco-friendly source of power for your home. In some cases, you might even be able to sell excess electricity back to the grid, further offsetting your costs.

Is Solar For You? Making Solar Panels Affordable

You might be wondering how to afford the installation of solar panels?

The good news is that the State of Oregon and Federal Government offers financial incentives and tax credits to promote the adoption of solar power.

Tax Deductions, Solar Rebates & Solar Grants are available if you qualify.

Reversing Rate Hikes with Long-Term Savings

Modern solar panels have an impressively long lifespan, often exceeding 25 years. Once installed, they require minimal maintenance, and the sunlight used for electricity generation is entirely free.

This reliable, long-term energy source can shield you from the relentless rise in electricity prices over the years.

As energy costs continue to climb, the savings from your solar panels become even more substantial, resulting in significant long-term financial benefits.

Unless power companies grow a huge heart in future, you can count on prices to always go up. (faster than our pay stubs do)

Now is an opportune time to explore solar power.

cutting your electricity bills,
offering tax credits and incentives, and
providing enduring savings through a dependable and cost-effective energy source.

We recommend reaching out to a local company like Pure Energy Group to learn more about solar energy, installation costs, and to take full advantage of all the available tax credit options.

Worried you’ll get sold on it? Not with us. Reach out to myself (Matthew) or co-owner Jordan for a no-pressure conversation.

Direct Phone: (541) 990-4048
Alternative Phone: 971-218-6374

Preparing for the 2024 Portland General Power Rate Increases

Slash Your Electricity Expenses! Practical Family Methods for Significant Savings

Power Rates Going Up Is All Our Problem

Who Will Feel the Pinch? (you'll only need one guess)

So, what can YOU do to offset the impact on your wallet and save on electricity costs heading into 2024?

5 simple ways to trim your electric bill:

Is Solar For You? Making Solar Panels Affordable

Reversing Rate Hikes with Long-Term Savings

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