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Docket No:  UP 174 Docket Name:  PORTLAND GENERAL ELECTRIC-CRPUD - Met Retention Submit Public Comment
Subject Company:  PORTLAND GENERAL ELECTRIC    
         See also:  UA 82   
Filing Date:  4/10/2000      
Order:  00-424Order Signed:  8/2/2000 
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ACTIONSSERVICE LISTSCHEDULE Public Comments
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Date: 8/2/2000 Action:  ORDER  Getdocs  
  Order No:   00-424 
  Description
DISPOSITION: APPLICATION FOR TRANSFER OF SERVICE TERRITORY AND CONTRACT OF SALE OF ASSETS APPROVED. IT IS ORDERED that the applications for the transfer of service territory and the contract of sale of assets between Portland General Electric, Columbia River People's Utility District, and Clatskanie People's Utility District are approved subject to the following conditions to be met by PGE: 1. Establish an interest bearing deferred account to return the revenue requirement equivalent of the net after-tax gain from the sale in rates to its remaining ratepayers over a one year period beginning October 1, 2000. The account must be established on the actual information available after the consummation of the transaction. 2. Establish an interest bearing deferred account to recover the $2,045,000 payment to a trust for the benefit of WOEC in rates from its remaining ratepayers over a one year period beginning October 1, 2000. 3. Apply IRS Section 1033 to postpone recognition of the gain. 4. Exclude the payment to the trust for the benefit of WOEC customers in the test period of any general rate case filing. 5. Flow through excess deferred taxes and post Economic Recovery Tax Act investment tax credits to shareholders. Signed by Commissioners Roger Hamilton and Joan H. Smith, Ron Eachus, Chairman was unavailable for signature. Copies served 8/3/00. 
Date: 5/1/2000 Action:  ORDER  Getdocs  
  Order No:   00-229 
  Description
Protective Order No. 00-229, signed by ALJ Kathryn Logan; Copies mailed 5/1/00. 

 

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