25-Year Cost without Rate Hikes
Based on your current power bill, here’s what you’ll spend on electricity over the next 25 years. Remember, this chart assumes that your rates will stay the same for the next 25 years.
25-Year Cost with 3% Yearly Rate Increase
As you probably know, Pacific Power raised its rates considerably in the last 4 years:
- 15% in 2022
- 21% in 2023
- 12.9% in 2024
- 9.8% in 2025
While we can't predict the future, we can safely assume that electric rates will increase to some extent. Here's what you'll spend over the next 25 years if rates increase by a modest 3% each year: