PacifiCorp is an
electric power
Electric power is the rate at which electrical energy is transferred by an electric circuit. The SI unit of power is the watt, one joule per second. Standard prefixes apply to watts as with other SI units: thousands, millions and billions o ...
company in the western
United States.
PacifiCorp has two business units:
# Pacific Power, a regulated electric utility with service territory throughout Oregon, northern California, and southeastern Washington.
# Rocky Mountain Power, a regulated electric utility with service territory throughout
Utah,
Wyoming, and southeastern Idaho.
PacifiCorp operates one of the largest privately held transmission systems in the U.S. within the western Energy Imbalance Market.
Pacific Power and Rocky Mountain Power combined serve over 1.6 million residential customers, 202,000 commercial customers, and 37,000 industrial and irrigation customers - for a total of approximately 1,813,000 customers. The service area is . The company owns and maintain of long distance transmission lines, of distribution lines, and 900 substations.
History
Pacific Power & Light was formed in 1910 from the merger of several financially troubled utilities in Oregon and Washington to form the Pacific Power & Light Company. It gradually expanded its reach to include most of Oregon, as well as portions of California, Washington and Wyoming. In 1984, it reorganized itself as a holding company, PacifiCorp, headquartered in Portland with Pacific Power as its main subsidiary.
Utah Power and Light (UP&L) was organized on 6 September 1912 from the merger of four electric companies in Utah, Idaho and Wyoming and was a
Salt Lake City subsidiary of a large holding company,
Electric Bond and Share Company
The Electric Bond and Share Company (Ebasco) was a United States electric utility holding company organized by General Electric. It was forced to divest its holding companies and reorganize due to the passage of the Public Utility Holding Company A ...
(EBASCO) of New York. Within four years of its organization, UP&L had purchased twenty-seven other electric companies in the general Utah area, and eventually absorbed more than one hundred thirty. In 1881, one of those companies had made Salt Lake City the fifth city in the world with
central station electricity.
In 1954, Pacific Power & Light merged with the Mountain States Power Company, essentially doubling the company's service area. In 1961, the company purchased the California Oregon Power Company, extending its service into southern Oregon and northern California.
In 1977, PacifiCorp spun off its coal mining interests into a mining company known as
NERCO, which was eventually listed on the
New York Stock Exchange and ranked as high as 353 on the
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...
list of the largest American companies. Through its majority interest in NERCO, PacifiCorp was involved in the
mining of coal, oil, natural gas, gold, silver, and uranium. PacifiCorp still owned 82% of NERCO in 1993, when it was acquired by the mining giant
Rio Tinto Group
Rio Tinto Group is an Anglo-Australian Multinational corporation, multinational company that is the world's second-largest metals and mining corporation (behind BHP). The company was founded in 1873 when of a group of investors purchased a mine ...
.
In 1987, PacifiCorp acquired Utah Power & Light. After the merger with regulator approval on January 9, 1989, Pacific Power and Utah Power operated as divisions of PacifiCorp.
In 2001, PacifiCorp was purchased by
Scottish Power. Since 2006, PacifiCorp has been a wholly owned subsidiary of
Berkshire Hathaway Energy (formerly MidAmerican), itself an affiliate of
Berkshire Hathaway.
In a July 2006 reorganization, Pacific Power's territory in central and eastern Wyoming was merged with the Utah Power territory to form Rocky Mountain Power.
In September 2021, PacifiCorp presented a plan to keep 3 out of 22
coal power plants operational beyond 2040 and to source 56% of its yearly consumption with
renewable energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...
by 2040.
Operations
PacifiCorp owns, maintains and operates generation assets and manages the commercial and trading operations of the company. PacifiCorp owns 68 generating plants with a capacity of 9,140 megawatts. 70.6% of the generation is from thermal sources (i.e., coal or natural gas), 6.7% from hydroelectric sources, and 0.2% from renewable sources. 22.5% of PacifiCorp's generation is purchased from other suppliers or under contracts.
Generation resources
In these tables of generation properties owned or partially-owned by PacifiCorp, total capacity is 10,556MW. Of this, 56% is coal, 24% is natural gas, 10% is hydroelectric, and 10% is renewable.
Major generation facilities include:
Thermal generation (Fossil Fueled)
Hydroelectric Generation
Renewable generation
Coal mining
PacifiCorp also owns and operates several captive coal mines located at or very near some of its generation plants. In Wyoming, PacifiCorp operates and has partial interest in Jim Bridger Mine and owns the Dave Johnston Mine, which is in final reclamation. The company also owned and operated the Deer Creek Mine in Utah, near the Huntington Plant but closed it in 2015 and has a partial interest in the Trapper Mine in Colorado.
Electric vehicles
Calling it a "new era of utility involvement in transportation electrification," the ''Portland Business Journal'' in 2018 described PacifiCorp's electric vehicle promotion program as a plan that promises new electric vehicle charging sites, outreach and education efforts. The program was spawn from legislation passed in 2016 that called for more renewable energy from the state's utility companies.
Customers
As of May 1, 2007, Rocky Mountain Power serves approximately 758,000 customers in Utah, 129,000 customers in Idaho, and 67,000 customers in Wyoming.
Net metering
In November 2017, Rocky Mountain Power made a deal with the state's utility authorities to phase out
net metering
Net metering (or net energy metering, NEM) is an electricity billing mechanism that allows consumers who generate some or all of their own electricity to use that electricity anytime, instead of when it is generated. This is particularly importa ...
. The program was paying customers who generated their own electricity with rooftop solar panels the residential rate for their excess energy that got sent back into the energy grid. As of August 2018, new rooftop solar installations were down 23 percent, likely due to the cancellation of the net metering program. New solar customers are paid by a transitional program that pays slightly less than the residential rate until 2033. People who installed solar panels prior to November 2017 are grandfathered at the previous rates until 2035.
Organization
PacifiCorp is currently headquartered in the
Lloyd Center Tower at 825 N.E. Multnomah Street,
Portland, Oregon, in the Lloyd District. Pacific Power is also headquartered in the same building. Rocky Mountain Power is headquartered in Salt Lake City, Utah.
Pacific Power
Pacific Power serves customers in
Washington,
Oregon and
California. Major cities served include:
*California
**
Crescent City
**
Dunsmuir Dunsmuir may refer to:
* Dunsmuir, California, a city in the northern part of the state
* Dunsmuir station, an Amtrak station in Dunsmuir, California
* Dunsmuir station (British Columbia), a Via Rail station
* Dola Dunsmuir, Canadian socialite
* Jam ...
**
Mount Shasta
**
Yreka
Yreka ( ) is the county seat of Siskiyou County, California, United States, near the Shasta River; the city has an area of about , most of it land. As of the 2020 United States Census, the population was 7,807, reflecting a meager increase fro ...
*Oregon
**
Albany
**
Astoria
**
Bend
**
Coos Bay
**
Corvallis
**
Dallas
**
Grants Pass
**
Hermiston
**
Hood River
**
Independence
**
Junction City
**
Klamath Falls
**
Lebanon
**
Lincoln City
**
Medford
**
North Bend
**
Pendleton Pendleton may refer to:
Places
;United Kingdom
*Pendleton, Lancashire, England
*Pendleton, Greater Manchester, England
;United States
*Pendleton, Indiana
* Pendleton, Missouri
*Pendleton, New York
*Pendleton, Oregon
*Pendleton, South Carolina
*Pe ...
**
Portland
Portland most commonly refers to:
* Portland, Oregon, the largest city in the state of Oregon, in the Pacific Northwest region of the United States
* Portland, Maine, the largest city in the state of Maine, in the New England region of the northeas ...
(parts of downtown, northern and eastern Portland; the rest of city is served by
Portland General Electric.)
**
Prineville
**
Redmond
**
Roseburg
**
Stayton
Stayton is a city in Marion County, Oregon, United States, located southeast of the state capital, Salem, on Oregon Route 22. It is south of Sublimity and east of Aumsville. Located on the North Santiam River, Stayton is a regional agricultu ...
**
Sweet Home Sweet Home or Sweethome may refer to:
Places in the United States
* Sweet Home, Arkansas
* Sweet Home Central School District in Amherst and Tonawanda, New York
** Sweet Home High School (Amherst, New York), a New York State public high school
* ...
*Washington
**
Walla Walla
**
Yakima
As of December 31, 2009, Pacific Power serves 555,070 customers in Oregon, 126,665 customers in Washington, and 45,148 customers in California.
Rocky Mountain Power
Rocky Mountain Power serves customers in Idaho, Utah, and Wyoming.
Major cities served include:
Idaho
Ammon,
Lava Hot Springs,
Malad City,
Montpelier,
Preston,
Rigby,
Rexburg,
Saint Anthony,
Shelley
Utah
Rocky Mountain Power serves most major cities in Utah, with the following exceptions:
Bountiful,
Kaysville,
Lehi,
Logan,
Provo,
Murray,
Monroe,
Monticello,
Springville,
St. George
Wyoming
Buffalo,
Casper,
Cody,
Douglas,
Evanston,
Green River,
Kemmerer,
Lander,
Laramie,
Rawlins,
Riverton,
Rock Springs,
Thermopolis
References and sources
External links
Pacificorp home pagePacific Power home pageRocky Mountain Power home pageBerkshire Hathaway Energy home page
{{DEFAULTSORT:Pacificorp
Berkshire Hathaway
Companies based in Portland, Oregon
Energy in Oregon
Superfund sites in Utah
Economy of the Northwestern United States
Electric power companies of the United States
Hydroelectric power companies of the United States
1984 establishments in Oregon