Oregon Lawmakers Propose Bills to Curb Utility Rate Increases

Oregon lawmakers are responding to a surge in utility prices with two proposed bills aimed at reducing costs for residents. House Bill 3179, known as the FAIR Energy Act, seeks to empower the Public Utility Commission to consider the impact of rate increases on consumers and ensure that rates are set at the lowest reasonable levels. In parallel, House Bill 3546, the POWER Act, aims to hold large energy users accountable for their energy consumption, requiring them to cover the costs associated with their demand on the grid. These legislative efforts come as residential electric rates have increased nearly 50% since 2020, placing a heavy burden on low-income households. Advocates argue these bills are crucial for protecting consumers, while some utilities and industrial users have expressed opposition. The bills are set to be discussed in upcoming public hearings as lawmakers seek to address the growing frustrations among constituents over rising utility costs.