POR
- Portland General Electric Company
()
Overview
Company Summary
Portland General Electric Company (POR) is an electric utility company based in Portland, Oregon. Founded in 1888, the company serves nearly 900,000 customers across a service territory that spans over 4,000 square miles in Oregon.
The primary function of Portland General Electric is to generate, transmit, and distribute electricity to residential, commercial, and industrial customers. The company operates a diversified mix of power generation facilities, including natural gas, coal, hydro, wind, and solar plants, to provide a reliable and sustainable energy supply.
As a regulated utility, Portland General Electric is responsible for ensuring the safe and reliable delivery of electricity to its customers, while also complying with state and federal regulations. The company invests in maintaining and upgrading its infrastructure, such as power lines, substations, and equipment, to ensure a consistent supply of electricity.
Portland General Electric is also committed to promoting energy efficiency and renewable energy. It offers various programs and incentives to encourage customers to conserve energy, use renewable sources, and reduce their carbon footprint. Additionally, the company provides electric vehicle charging infrastructure and supports initiatives to advance the adoption of electric transportation.
In recent years, Portland General Electric has been actively working towards decarbonization and reducing greenhouse gas emissions. The company is dedicated to transitioning to a cleaner energy future and has set a goal to achieve net-zero carbon emissions by 2040.
Overall, Portland General Electric plays a critical role in delivering reliable electricity, supporting energy efficiency, and promoting sustainable practices that benefit both its customers and the environment.