PacifiCorp Plans Sale of Oregon Distribution Assets
Agreements with electric cooperatives would shift service for more than 8,000 customers
PORTLAND, Ore. — PacifiCorp has announced plans to sell portions of its electricity distribution system in Oregon to three electric cooperatives, according to a company release.
The proposed transactions, outlined in nonbinding term sheets, would transfer service responsibilities for a combined 8,904 residential, commercial, and irrigation customers across several regions of the state.
Under the agreements, PacifiCorp plans to sell distribution assets serving 5,514 customers in Wallowa County to Oregon Trail Electric Cooperative. In the Monroe area, 1,162 customers would transition to Blachly-Lane Electric Cooperative. An additional 2,228 customers in the Lakeview area would be served by Surprise Valley Electrification Corporation.
PacifiCorp officials say the move is part of a broader effort to streamline operations and strengthen the company’s financial position while maintaining reliable service.
“These agreements represent the company’s ongoing efforts to strengthen its financial position and simplify operations to ensure the continued delivery of safe, reliable electricity to our customers,” said Ryan Flynn, president of Pacific Power.
Flynn added that each of the cooperatives involved has experience serving local communities and that the company expects the transition to be smooth for customers.
The agreements are not yet final and remain subject to negotiation and regulatory approval. The process could take up to 12 months to complete.
During that time, PacifiCorp will continue to provide service to customers in the affected areas.
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