Portland utility slaps data centers with a 29% rate hike as home customers get a small break

Portland’s largest electric utility wants data centers and other massive power users to shoulder a much larger share of the costs tied to rising electricity demand.

For households and small businesses, that could bring a rare bit of good news: lower rates instead of another increase.

According to Oregon Public Broadcasting, Portland General Electric proposed a 29% rate hike for “large load” customers, such as data centers, while lowering rates by 1.3% for residential customers and 2.2% for commercial customers…

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