Company: POR
Filing Date: 2025-07-25
Form Type: 10-Q
Source: 0000784977-25-000136
Chunk: 203

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-07-25
Form: 10-Q
Item: Part I, Item 2
Chunk 203
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 Months Ended June 30, 20252024% Change% Change (Weather- Adjusted)20252024% Change% Change (Weather- Adjusted)Energy deliveries:Retail:Residential1,571 1,608 (2)%1 %3,797 3,851 (1)%— %Commercial1,546 1,548 — — 3,178 3,176 — — Industrial1,416 1,204 18 18 2,814 2,390 18 18 Subtotal4,533 4,360 4 5 9,789 9,417 4 4 Direct access:Commercial135 127 6 6 264 247 7 7 Industrial513 451 14 14 956 847 13 13 Subtotal648 578 12 12 1,220 1,094 12 12 Total retail5,181 4,938 5 6 %11,009 10,511 5 5 %Wholesale2,439 2,104 16 4,418 4,283 3 Total7,620 7,042 8 %15,427 14,794 4 %

Three Months Ended June 30, Six Months Ended June 30, 20252024% Change20252024% ChangeAverage number of retail customers:Residential839,923828,3551 %838,516 826,2971 %Commercial114,230113,5771 %114,211 113,2231 %Industrial2182085 %217 2065 %Direct access72949647 %659 50530 %Total955,100 942,636 1 %953,603 940,231 1 %

Total retail energy deliveries for the six months ended June 30, 2025 increased 4.7% compared with the six months ended June 30, 2024, driven by an increase in industrial deliveries. The first six months of 2025 contained one fewer delivery day due to leap year in 2024.

Residential weather-adjusted deliveries saw average usage per customer 1.6% lower during the first six months of 2025 compared with 2024, while the average number of residential customers was 1.5% greater. PGE has