FINANCIAL_SERVICESPENDING

Commission to authorize PacifiCorp Rock Creek II cost deferral

The Oregon Public Utility Commission staff recommends approving Pacific Power’s request to defer approximately $1.7 million annually plus interest in revenue requirement associated with four Rock Creek II wind turbines. The deferral would be recorded as a regulatory asset for a 12‑month period beginning January 29, 2026, to align cost recovery with customer benefits in future rate proceedings.

Status
PENDING
Document date
August 18, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pacific Power
Agency
Oregon Public Utility Commission · OR

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TerraCycle logo
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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $1.7 million annually plus interest (estimated deferred revenue requirement)
Contract type
FINANCIAL_SERVICES
Contract term
12-month period beginning January 29, 2026
Renewal date
2027-01-29
Renewal
Deferral authorization is proposed for a single 12‑month period beginning January 29, 2026, with eventual amortization to be addressed in a future general rate case or RAC proceeding. Continued recovery and any sharing mechanisms will be determined in subsequent ratemaking, subject to earnings review and the three percent test in ORS 757.259.
Document type
StaffReport
Source document
Public Utility Commission of Oregon Staff Report Authorization of Deferred Accounting for Costs Associated with Completion of Rock Creek II Turbines 2026-08-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Oregon Public Utility Commission?

Pacific Power was awarded this financial services contract by Oregon Public Utility Commission, as recorded on August 18, 2026. The contract value is Approximately $1.7 million annually plus interest (estimated deferred revenue requirement).

How much is the Pacific Power contract with Oregon Public Utility Commission worth?

The Pacific Power contract with Oregon Public Utility Commission is valued at Approximately $1.7 million annually plus interest (estimated deferred revenue requirement), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Public Utility Commission of Oregon Staff Report Authorization of Deferred Accounting for Costs Associated with Completion of Rock Creek II Turbines 2026-08-18 (StaffReport), dated August 18, 2026 from Oregon Public Utility Commission. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pacific Power hold?

Pacific Power may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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