Portland General Electric (PGE) is a Fortune 1000 , investor-owned ( NYSE : POR) energy company based in Portland, Oregon , that generates, transmits and distributes electricity, serving almost two-thirds of Oregon’s commercial and industrial activity. PGE is regulated by the Oregon Public Utility Commission . Founded in 1888 as the Willamette Falls Electric Company , the company has been an independent company for most of its existence, though was briefly owned by the Houston -based Enron Corporation from 1997 until 2006, almost 20 years ago, when Enron divested itself of PGE during its bankruptcy.
46-676: Scotts Mills is a city in Marion County, Oregon , United States. The population was 419 at the 2020 census . It is 2 miles (3 km) south of Marquam and Oregon Route 213 , between Silverton and Molalla . Scotts Mills is part of the Salem Metropolitan Statistical Area . It is near the site of the 1993 Scotts Mills earthquake . The city takes its name from the sawmill and flour mill on Butte Creek owned by Robert Hall Scott and Thomas Scott at this location, which became known as Scotts Mills in about 1866. Thomas Scott
92-602: A public utility district in PGE's territory. The Columbia Valley Authority project would have allowed CVA to purchase utilities such as PGE. PGE survived bankruptcy partially through cheap power purchases from BPA beginning in the fall of 1939, and by the end of 1941 they showed net profits. In the meantime, Ormond R. Bean , the Oregon Public Utility Commissioner , forced PGE to lower its rates. Ultimately, PEPCO and PGE were saved by World War II , which led to
138-569: A strike by 900 union workers, effective March 8, 2004, represented by the International Brotherhood of Electrical Workers . Points over which the negotiations broke down included retiree medical benefits as well as losses of the members' 401(k) plan. This labor dispute was resolved shortly afterward, and the union agreed to a new contract. The TPG purchase offer was denied by the Oregon Public Utility Commission ,
184-408: A $ 50 million deposit on the sale. The same day, Governor Ted Kulongoski vetoed a bill that would create a public corporation to purchase PGE. In April 2006, shares in a newly independent PGE were issued as part of an Enron distribution to its creditors. Source for section: PGE has been ranked first for 14 years by the U.S. Department of Energy’s National Renewable Energy Laboratory for
230-567: A contractor exempt from state regulation. Voter distrust of both Enron and PGE was severe enough for voters to approve the measure, despite $ 71,592 being spent in advertisements to oppose it, in comparison to the $ 2,304 spent by supporters. This resulted in those three cities becoming part of the Columbia River PUD on terms far more favorable to the customers; electricity rates immediately dropped in these cities, and remain lower than those for current PGE customers. Concerned by uncertainty that
276-431: A family was $ 54,661. Males had a median income of $ 39,239 versus $ 32,288 for females. The per capita income for the county was $ 21,915. About 11.7% of families and 16.0% of the population were below the poverty line , including 23.8% of those under age 18 and 7.6% of those age 65 or over. As of the 2000 census , there were 284,834 people, 101,641 households, and 70,437 families living in the county. The population density
322-509: A majority of the county since Lyndon Johnson in 1964 . Marion County is one of 13 counties to have voted for Barack Obama in 2008 , Mitt Romney in 2012 , Donald Trump in 2016 , and Joe Biden in 2020 . Agriculture and food processing are important to the county's economy, as are lumber, manufacturing, and education. Marion County is the leader in agricultural production among all other Oregon counties. Marion County has 10,640 acres (43.1 km ) planted in orchards. The marionberry
368-580: A three-member regulatory board, on March 10, 2005. With the rejection of the Texas Pacific Group's offer, the City of Portland announced it contacted Enron to resume negotiating an offer to purchase PGE. On April 19, 2005, Portland city officials announced that they were willing to spend $ 7.5 million in attorneys' fees to buy the utility. On July 6, the City Council unanimously adopted a measure to finance
414-634: Is required by law to appoint a Budget Officer who presents a budget to the Budget Committee composed of the Commissioners and three public members. County commissioners appoint and oversee non-elected department heads, officers, boards, and commissions. In addition to the Board of Commissioners, the county has non-partisan positions that are elected in county-wide elections for four year terms: Assessor, Clerk, Treasurer, District Attorney, and Sheriff. Further,
460-552: Is water. As of the 2020 census , there were 345,920 people, the racial make up of the county was 61.8% non-Hispanic white, 1.1% African American, .9% Native American, 2.1% Asian, 4.9% of two or more races, and 27.7% Hispanic. As of the 2010 census , there were 315,335 people, 112,957 households, and 77,044 families living in the county. The population density was 266.7 inhabitants per square mile (103.0/km ). There were 120,948 housing units at an average density of 102.3 units per square mile (39.5 units/km ). The racial makeup of
506-751: The American Revolutionary War . Marion County is part of the Salem, OR Metropolitan Statistical Area , which is also included in the Portland - Vancouver -Salem, OR- WA Combined Statistical Area . It is located in the Willamette Valley . Marion County was created by the Provisional Legislature of Oregon on July 5, 1843, as the Champooick District , one of the original four districts of
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#1732855960170552-496: The Köppen Climate Classification system, Scotts Mills has a warm-summer Mediterranean climate , abbreviated "Csb" on climate maps. As of the census of 2010, there were 357 people, 131 households, and 93 families residing in the city. The population density was 991.7 inhabitants per square mile (382.9/km). There were 138 housing units at an average density of 383.3 per square mile (148.0/km). The racial makeup of
598-633: The Oregon Country along with Twality (later Washington ), Clackamas , and Yamhill counties. The four districts were redesignated as counties in 1845. Originally, this political entity stretched southward to the California border and eastward to the Rocky Mountains . With the creation of Wasco , Linn , Polk , and other counties, its area was reduced in size. Marion County's present geographical boundaries were established in 1856. In 1849, Salem
644-652: The Willamette River , sharing most of the city east of the river with Pacific Power . PGE holds a mix of generation and storage facilities including hydropower, wind, solar, battery storage and thermal, as well as key transmission resources. The company’s power plants have a combined generating capacity of more than 3,300 megawatts. Following the Oregon House Bill 2021, which introduced new decarbonization goals, PGE announced to reduce emissions from its retail power supply by 80% by 2030 and 100% by 2040. The utility
690-723: The World Trade Center complex that comprises PGE's corporate offices. In addition Timothy Belden , head of the West Coast Trading Desk and John Forney, an energy trader who invented various electricity trading strategies such as the Death Star , operated from the trading floor in the PGE corporate offices and were also convicted of financial crimes related to the California Electricity Crisis . Ballot measures have been filed by citizens several times since
736-545: The 1960s to convert some or all of PGE into a public utility district (PUD), the latest of these being in 2003. Most were unsuccessful, but an exception was in 1999, when PGE announced it was selling its customer base in St. Helens , Scappoose , and Columbia City to West Oregon Electric PUD for $ 7.9 million. The terms of this sale proposed to leave the physical assets of the distribution system —the poles, wires and other components— owned by Enron , who would then manage this system as
782-466: The Enron bankruptcy would bring, several local governments began investigation into acquiring PGE by condemnation . These studies ended after the announcement on November 17, 2003, that a group called Oregon Electric Utility, led by former governor Neil Goldschmidt and backed by Texas Pacific Group , offered to buy PGE for $ 2.35 billion. This was the sole bid received by the bankruptcy judge, who approved
828-679: The Portland General Electric Company. It was funded by General Electric and the investment arm of Old Colony Trust , with $ 4.25 million in capital. The newly formed PGE Company purchased Willamette Falls Electric and the Albina Light & Water Company in 1892. Less than a year later, in May 1893, PGE purchased the City-Eastside Electric Light Plant, a municipal power company. E. Kimbark MacColl, who chronicled
874-411: The acquisition of PGE by the sale of $ 3 billion in bonds. However, Enron interim CEO Stephen Cooper called off negotiations on July 20, 2005. He explained that he did not "see a plausible solution under which our teams could reach an agreement that would lead to a transaction closing in a timely fashion". Cooper addressed several causes for the termination, including the refusal of the city to pay
920-407: The age of 18 living with them, 50.4% were married couples living together, 12.4% had a female householder with no husband present, 31.8% were non-families, and 25.0% of all households were made up of individuals. The average household size was 2.70 and the average family size was 3.23. The median age was 35.1 years. The median income for a household in the county was $ 46,069 and the median income for
966-418: The age of 18 living with them, 53.3% were married couples living together, 13.1% had a female householder with no husband present, and 25.2% were non-families. 18.7% of all households were made up of individuals, and 5.6% had someone living alone who was 65 years of age or older. The average household size was 2.92 and the average family size was 3.30. In the city, the population was spread out, with 28.8% under
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#17328559601701012-428: The age of 18 living with them, 53.70% were married couples living together, 11.00% had a female householder with no husband present, and 30.70% were non-families. 24.00% of all households were made up of individuals, and 9.50% had someone living alone who was 65 years of age or older. The average household size was 2.70 and the average family size was 3.19. In the county, the population was spread out, with 27.40% under
1058-470: The age of 18, 10.30% from 18 to 24, 28.70% from 25 to 44, 21.20% from 45 to 64, and 12.40% who were 65 years of age or older. The median age was 34 years. For every 100 females, there were 101.10 males. For every 100 females age 18 and over, there were 99.50 males. The median income for a household in the county was $ 40,314, and the median income for a family was $ 46,202. Males had a median income of $ 33,841 versus $ 26,283 for females. The per capita income for
1104-462: The age of 18, 8.0% from 18 to 24, 30.8% from 25 to 44, 19.6% from 45 to 64, and 12.8% who were 65 years of age or older. The median age was 36 years. For every 100 females, there were 103.9 males. For every 100 females age 18 and over, there were 100.0 males. The median income for a household in the city was $ 35,208, and the median income for a family was $ 37,500. Males had a median income of $ 31,000 versus $ 20,000 for females. The per capita income for
1150-695: The bid. When details that Goldschmidt had sexually assaulted a minor in the 1970s emerged, he withdrew from the negotiations, and was replaced by Peter O. Kohler , president of the Oregon Health and Science University . Discomfort over the Texas Pacific purchase led to further voter initiatives to convert parts of PGE into PUDs. PGE defeated measures in Multnomah County (November 14, 2003), Yamhill County (March 2004), and Clackamas County (May 18, 2004). Also during this time period, PGE received notice of
1196-464: The city was $ 15,033. About 9.0% of families and 10.7% of the population were below the poverty line , including 16.3% of those under age 18 and 2.3% of those age 65 or over. The park, managed by Marion County, opened in 1961 on 10 acres (4.0 ha) of land donated by Portland General Electric and 3 acres (1.2 ha) donated by Merle and Barbara Haskins. In 2023, an additional 6 plus acres were acquired through combined purchase and donation to expand
1242-528: The city was 97.5% White , 0.3% Native American , 1.4% Asian , and 0.8% from two or more races. Hispanic or Latino of any race were 2.2% of the population. There were 131 households, of which 32.1% had children under the age of 18 living with them, 61.1% were married couples living together, 4.6% had a female householder with no husband present, 5.3% had a male householder with no wife present, and 29.0% were non-families. 19.1% of all households were made up of individuals, and 5.3% had someone living alone who
1288-406: The city. The population density was 988.6 inhabitants per square mile (381.7/km). There were 108 housing units at an average density of 342.2 per square mile (132.1/km). The racial makeup of the city was 93.91% White, 0.64% from other races , and 5.45% from two or more races. Hispanic or Latino of any race were 3.53% of the population. There were 107 households, out of which 37.4% had children under
1334-700: The construction of three Kaiser Shipyards and of Vanport City, Oregon to support them. By 1945, PGE derived nearly $ 400,000 in revenue from the two Kaiser shipyards in Oregon. In August 1946, after the war, they were able to sell Portland Traction for $ 8 million in cash. Judge Fee ruled the bankruptcy reorganization complete on June 29, 1946. On July 1, 1997, Enron Corporation bought PGE for $ 2 billion in stock and $ 1.1 billion in assumed debt. Then in 1999, and again in 2001, Enron attempted to sell PGE to other investor-owned utilities including Portland-based NW Natural . The corporate officers of PGE claimed that this utility
1380-466: The county elects one Justice of the Peace (Justice Court Judge) to a six year term. These officers are accountable to the voters, rather than to the Board of Commissioners, although they work with the Commissioners in establishing a county budget. All are full-time, paid county officers. Although Democrats took the presidential vote with pluralities in 1996 , 2008 , and 2020 , no Democrat has carried
1426-562: The county was $ 18,408. About 9.60% of families and 13.50% of the population were below the poverty line , including 18.10% of those under age 18 and 7.40% of those age 65 or over. Marion County is among the 24 of Oregon's 36 counties that operate under a board of commissioners (BOC) of three members elected countywide to 4-year terms. In Marion County these are partisan races. Commissioners, who are full-time, salaried officials, have executive, legislative, and quasi-judicial powers (the latter in land-use cases). The Board of Commissioners serves as
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1472-408: The county was 78.2% white, 1.9% Asian, 1.6% American Indian, 1.1% black or African American, 0.7% Pacific islander, 12.6% from other races, and 3.9% from two or more races. Those of Hispanic or Latino origin made up 24.3% of the population. In terms of ancestry, 22.1% were German , 11.4% were English , 11.0% were Irish , and 4.7% were American . Of the 112,957 households, 35.5% had children under
1518-626: The east coast to raise $ 3,000 from shareholders. His plan went through, and Thomas H. Wright was put in charge of designing the lighting for the fair. PGE also purchased the Union Power Company in 1905, and the Vancouver Electric Light & Power Company in 1906. In 1906, PGE, Portland Railway Company, and Oregon Water Power & Railway Company merged, becoming the Portland Railway, Light and Power Company (PRL&P). It
1564-462: The governing body. The commissioners elect their chair annually; in practice, in Marion County the chair rotates annually. The BOC is responsible for accepting funds from sources outside the county, strategic planning, and enacting ordinances as needed to carry out plans and serve the public. The BOC also prepares a county budget in cooperation with the elected heads of the various departments. The BOC
1610-462: The history of Portland, referred to it "a generous gift to a private company at the expense of future taxpayers" since it was constructed for a cost of $ 40,342 and sold 15 months later for $ 27,000. In 1903, Henry W. Goode, the president of PGE, decided to make PGE a "popular public utility." His vision was for the company to light the Lewis and Clark Centennial Exposition in 1905. in 1903, he traveled to
1656-491: The park by longtime residents Terry and Patty Caster. Open from 8 a.m. to sunset from May to October, it has play fields and equipment, picnic tables, restrooms, a waterfall, a wading pool, and a swimming hole in Butte Creek. [REDACTED] Media related to Scotts Mills, Oregon at Wikimedia Commons Marion County, Oregon Marion County is one of the 36 counties in the U.S. state of Oregon . The population
1702-669: Was 241 inhabitants per square mile (93/km ). There were 108,174 housing units at an average density of 91 units per square mile (35 units/km ). The racial makeup of the county was 81.62% White , 0.89% Black or African American , 1.44% Native American , 1.75% Asian , 0.36% Pacific Islander , 10.58% from other races , and 3.35% from two or more races. 17.10% of the population were Hispanic or Latino of any race. 18.4% were of German , 9.2% English , 8.2% American and 7.4% Irish ancestry. 80.8% spoke English , 14.8% Spanish and 1.4% Russian as their first language. There were 101,641 households, out of which 34.50% had children under
1748-457: Was 345,920 at the 2020 census , making it the 5th most populous county in Oregon. The county seat is Salem , which is also the state capital of Oregon. The county was originally named the Champooick District , after Champoeg (earlier Champooick ), a meeting place on the Willamette River . On September 3, 1849, the territorial legislature renamed it in honor of Francis Marion , a Continental Army general from South Carolina who served in
1794-485: Was 65 years of age or older. The average household size was 2.73 and the average family size was 3.17. The median age in the city was 40.8 years. 24.9% of residents were under the age of 18; 8.9% were between the ages of 18 and 24; 21.9% were from 25 to 44; 32.5% were from 45 to 64; and 11.8% were 65 years of age or older. The gender makeup of the city was 53.5% male and 46.5% female. As of the census of 2000, there were 312 people, 107 households, and 80 families residing in
1840-466: Was assigned District Judge James Alger Fee . The proceedings were later called "one of the most prolonged and complicated series of legal proceedings in Portland's history". The reorganization and bond default was brought on by PGE's difficult negotiations with Bonneville Power Administration , the death of Seattle City Light 's visionary J. D. Ross, and the indecision created by the possible creation of
1886-507: Was designated the county seat. The territorial capital was moved from Oregon City to Salem in 1852. The ensuing controversy over the location of the capital was settled in 1864 when Salem was confirmed as the state capital. According to the United States Census Bureau , the county has a total area of 1,193 square miles (3,090 km ), of which 1,182 square miles (3,060 km ) is land and 10 square miles (26 km ) (0.9%)
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1932-403: Was founded in 1888 by Parker F. Morey and Edward L. Eastham as Willamette Falls Electric Company. On June 3, 1889, it sent power generated by one of four brush arc light dynamos at Willamette Falls over a 14-mile (23 km) electric power transmission line to Portland, the first US power plant to do so. On August 6, 1892, Morey, Frederick Van Voorhies Holman , and Henry Failing formed
1978-803: Was named after the county. Government, however, is the county's main employer and economic base. Marion County is the home of Willamette University , Corban University , and Chemeketa Community College . All of Marion County is within the Chemeketa community college district. Public K-12 school districts include: State-operated schools: The Oregon School for the Blind closed in 2009. Bureau of Indian Education -affiliated tribal school: 44°55′N 122°35′W / 44.91°N 122.58°W / 44.91; -122.58 Portland General Electric Notably, PGE does not serve all of Portland. Its service territory comprises most of Portland west of
2024-534: Was not involved in the financial mis-dealings of its owner, pointing to the fact that many of its employees suffered when Enron froze the 401(k) retirement plan and were unable to sell the rapidly declining stock. However, Ken Harrison and Joseph Hirko , PGE's CEO and CFO respectively at the time of the Enron merger were charged on several felony level counts primarily related to financial misrepresentation regarding Enron Broadband Services which had its headquarters within
2070-511: Was the first postmaster at the post office established here in 1887. According to the United States Census Bureau , the city has a total area of 0.36 square miles (0.93 km), all of it land. Butte Creek flows just to the east of Scotts Mills as it makes its way north to join the Pudding River . This region experiences warm (but not hot) and dry summers, with no average monthly temperatures above 71.6 °F (22.0 °C). According to
2116-600: Was the only streetcar operator within Portland city limits, and the predecessor of the modern PGE. The company name became Portland Electric Power Company (PEPCO) in 1932. It was reorganized in 1948 as PGE. On March 1, 1939, PEPCO defaulted on interest bonds that had been issued in March 1934. The bonds were pledged with PGE (the electric subsidiary) and Portland Traction Company (the streetcar subsidiary) as collateral, with Guaranty Trust as trustee. PEPCO filed for Chapter X bankruptcy (now known as Chapter 9) on April 3, 1939, and
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