Power company hikes data center bills by 30%, cuts residential electricity costs by 1.3% — Oregon approves change through POWER Act, pushes developments using more than 20 Megawatts of power to pay their fair share

Summary

Oregon approves the 29.7% price hike that Portland General Electric (PGE), the state's largest power provider, will impose on users that consume 20MW or more. This move is backed by Oregon's POWER Act, which helps ensure that data centers in PGE's coverage area pay their fair share.