this post was submitted on 12 May 2026
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[–] LemmyFeed@lemmy.dbzer0.com 6 points 7 hours ago

Oregon ratepayers have been hit with six consecutive years of rate increases amid what PGE says is an unprecedented rise in demand for electricity, of which data centers are a major driver.

I bet the rates will continue to rise regardless. PGE has had historic pay and bonuses for their top levels in these last 6 years while boasting record profits.

Fun fact, the biggest shareholder of Portland general electric is blackrock.