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No utility rate increases until wildfire lawsuits resolved, Oregon lawmakers propose
No utility rate increases until wildfire lawsuits resolved, Oregon lawmakers propose
No utility rate increases until wildfire lawsuits resolved, Oregon lawmakers propose

Published on: 12/25/2024

This news was posted by Oregon Today News

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Description

The town of Gates, along the Santiam River, was all but destroyed by a wildfire on Labor Day 2020. In March 2024, a Multnomah County jury hit PacifiCorp with another $29.2 million in damages for 10 plaintiffs in an ongoing class action lawsuit brought by victims of four Labor Day 2020 wildfires.

Three Oregon lawmakers say they plan to introduce a bill that would bar utilities from raising rates if they have unresolved wildfire lawsuits for three or more years, describing it as an effort to hold PacifiCorp accountable as the utility faces a series of lawsuits stemming from the deadly 2020 wildfires that ravaged the state.

News Source : https://www.oregonlive.com/business/2024/12/no-utility-rate-increases-until-wildfire-lawsuits-resolved-oregon-lawmakers-propose.html

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