-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EmAaZ3m8ehsqPNzOm+Zmg3dI3/fdwZJa1stO8pwzVnMRSMF7P3R9ZoBVTyuP4V/E lPC/JFII5EW/P8LDDO69cA== 0000079636-96-000026.txt : 19961202 0000079636-96-000026.hdr.sgml : 19961202 ACCESSION NUMBER: 0000079636-96-000026 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961126 ITEM INFORMATION: Other events FILED AS OF DATE: 19961127 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PORTLAND GENERAL CORP /OR CENTRAL INDEX KEY: 0000079636 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 930909442 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05532 FILM NUMBER: 96673511 BUSINESS ADDRESS: STREET 1: 121 SW SALMON ST CITY: PORTLAND STATE: OR ZIP: 97204 BUSINESS PHONE: 5034648820 FORMER COMPANY: FORMER CONFORMED NAME: PORTLAND GENERAL ELECTRIC CO DATE OF NAME CHANGE: 19860804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PORTLAND GENERAL ELECTRIC CO /OR/ CENTRAL INDEX KEY: 0000784977 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 930256820 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05532-99 FILM NUMBER: 96673512 BUSINESS ADDRESS: STREET 1: 121 SW SALMON ST CITY: PORTLAND STATE: OR ZIP: 97204 BUSINESS PHONE: 5034648000 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) November 26, 1996 Registrant; State of Incorporation; IRS Employer Commission File Number Address; and Telephone Number Identification No. 1-5532 PORTLAND GENERAL CORPORATION 93-0909442 (an Oregon Corporation) 121 SW Salmon Street Portland, Oregon 97204 (503) 464-8820 1-5532-99 PORTLAND GENERAL ELECTRIC COMPANY 93-0256820 (an Oregon Corporation) 121 SW Salmon Street Portland, Oregon 97204 (503) 464-8000 121 S.W. Salmon Street, Portland, Oregon 97204 (Address of principal executive offices) (zip code) Registrant's telephone number, including area code 503-464-8820
Item 5. Other Events OPUC Approves Rate Settlement - On November 26, 1996 the Oregon Public Utility Commission (OPUC) issued an order on Portland General Electric Company's (PGE or the Company) August 6, 1996 rate filing. The order, which adopts the terms of a settlement reached on November 15, 1996 between PGE, the staff of the OPUC, the Citizen's Utility Board and the Oregon Committee for Equitable Utility Rates, will result in $55 million in annual rate reductions beginning December 1, 1996. The rate reductions will have an immaterial impact on 1996 earnings and will result in an after tax earnings decrease of approximately $32 million for 1997. In addition, the order incorporates $15 million in rate reductions previously approved by the OPUC resulting in total 1997 rate reductions of $70 million. For further background information regarding the Company's rate proposal see the PGE and Portland General Corporation quarterly reports on Form 10-Q for the quarter ended September 30, 1996 and reports on Form 8-K dated November 12, 1996. Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. Portland General Corporation Portland General Electric Company November 26, 1996 By /s/ Joseph E. Feltz Joseph E. Feltz Assistant Controller Assistant Treasurer -----END PRIVACY-ENHANCED MESSAGE-----