Portland General Electric logo

Portland General Electric

Portland General Electric Overview

industry

Industry

Other

About Portland General Electric

Portland General Electric Company is a prominent public utility founded in 1888, headquartered in Portland, Oregon. As Oregon's largest utility provider, it generates, transmits, and distributes electricity across 51 cities including Portland, Salem, and Eugene, serving over 950,000 customers.

With a strong commitment to clean energy and innovation, Portland General Electric Company focuses on providing safe, reliable, and affordable electricity while advancing a sustainable future. The company leads with voluntary renewable energy programs and is developing the nation's only utility-scale wind, solar, and battery generation site.

When Was Portland General Electric Company Established?

Founded: 1888
Founders: Parker F. Morey, Edward L. Eastham
Headquarters: Portland, Oregon, USA
Industry: Public Utility
Employees: 2,840
Annual Revenue: $3.5 billion (2024)
Net Income: $313 million (2024)

Portland General Electric Company Mission Statement

Committed to providing safe, reliable, and affordable energy while advancing a clean energy future for Oregon.

What Is Portland General Electric Company Known For?

As a key energy provider in Oregon, Portland General Electric Company is recognized for its leadership in renewable energy programs and innovative power generation technologies.

Renewable Energy Leadership

Portland General Electric Company is a pioneer in voluntary renewable energy programs and was the first utility to commit to 'The Climate Pledge,' highlighting its dedication to sustainability and carbon footprint reduction.

Advanced Power Generation

The company is developing the nation's only utility-scale combined wind, solar, and battery energy generation site, underpinning its commitment to clean and resilient energy sources.

Extensive Energy Portfolio

With over 3,500 megawatts of total capacity, Portland General Electric Company utilizes diverse energy sources including hydropower, wind, solar, battery storage, natural gas, and coal to ensure reliable electricity supply.

What Is Portland General Electric Company's Service Territory?

Portland General Electric Company serves 51 cities across Oregon, including key metropolitan areas such as Portland, Salem, and Eugene.

This extensive service territory enables the company to deliver electricity to a broad customer base, comprising residential, commercial, and industrial sectors throughout the state.

Presence in Oregon Cities

Operating primarily in Portland, Oregon (headquarters) and Hillsboro, Oregon, the company plays a crucial role in the region's energy infrastructure and economic development.

What Are the Future Plans for Portland General Electric Company?

Portland General Electric Company is focused on achieving ambitious clean energy targets, including sourcing 45% of its power from non-carbon-emitting sources by 2025, reducing emissions by 80% by 2030, and reaching 100% emissions reduction by 2040.

With over $1.2 billion invested in capital projects in 2024, the company prioritizes grid modernization, battery storage systems, and wildfire risk mitigation to enhance reliability and environmental stewardship.

Investment in Technology and Sustainability

Significant investments support the company’s advanced infrastructure and commitment to integrate more renewable resources, ensuring resilient and sustainable energy delivery for its customers.

Is Portland General Electric Company Currently Hiring?

You can check out the open positions that Portland General Electric Company has right here on OysterLink.

Portland General Electric Frequently Asked Questions

Portland General Electric hasn't posted any FAQs yet.