Citizens' Utility Board v. Public Utility Commission

RICHARDSON, S. J.

These consolidated appeals are from circuit court judgments on review of a series of Public Utility Commission (PUC) orders that allowed Portland General Electric (PGE) to include a “rate of return” (i.e., profit) component, as well as the principal amount of its “undepreciated investment” in the retired Trojan generating facility, in its rates for the years 1995 to 2011. Two different circuit court judges, respectively, affirmed PUC’s “declaratory orders,” and reversed and remanded its ratemaking order. On appeal, we review PUC’s orders directly, rather than reviewing the…