Company: POR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000784977-25-000172
Chunk: 73

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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Energy deliveries:Retail:Residential1,911 1,869 2 %7 %5,708 5,720 — %2 %Commercial1,752 1,741 1 1 4,930 4,917 — — Industrial1,561 1,325 18 18 4,375 3,715 18 18 Subtotal5,224 4,935 6 8 15,013 14,352 5 6 Direct access:Commercial155 143 8 8 419 390 7 7 Industrial545 538 1 1 1,501 1,385 8 8 Subtotal700 681 3 3 1,920 1,775 8 8 Total retail5,924 5,616 5 7 %16,933 16,127 5 6 %Wholesale2,741 3,369 (19)7,159 7,652 (6)Total8,665 8,985 (4)%24,092 23,779 1 %

Three Months Ended September 30, Nine Months Ended September 30, 20252024% Change20252024% ChangeAverage number of retail customers:Residential841,257831,6071 %839,429 828,0671 %Commercial114,258113,5441 %114,226 113,3301 %Industrial2182075 %217 2065 %Direct access74748953 %688 50038 %Total956,480 945,847 1 %954,560 942,103 1 %

Total retail energy deliveries for the nine months ended September 30, 2025 increased 5.0% compared with the nine months ended September 30, 2024, driven by an increase in industrial deliveries. The first nine months of 2025 contained one fewer delivery day due to leap year in 2024.

Residential weather-adjusted deliveries saw average usage per customer 0.6% higher during the first nine months of 2025 compared with 2024, while the average number of residential customers was 1.4% greater. PGE has seen seasonal shifts in residential average usage in recent years as the number of rooftop solar installations have 

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increased in its service territory