Pacific Power & Light Co. v. Department of Revenue

Defendant appeals from a decree of the Oregon Tax Court.

Plaintiff Pacific Power and Light Company is a Maine corporation qualified to do business in Oregon, California, Washington, Montana, Idaho, and Wyoming. Its principal place of business is in Portland, Oregon. The corporation provides electric, water and steam heat service to customers within the State of Oregon and elsewhere and is regulated here as a public utility. Its utility property in Oregon is subject to ad valorem taxation and annual evaluation and assessment by the Department of Revenue pursuant to ORS 308.515.

Defendant…