Company: POR
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000784977-25-000012
Chunk: 6

Company: PORTLAND GENERAL ELECTRIC CO /OR/
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1
Chunk 6
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):Residential$1,457 51 %$1,263 52 %$1,158 52 %Commercial924 33 808 33 735 33 Industrial458 16 368 15 312 14 Subtotal2,839 100 2,439 100 2,205 99 Alternative revenue programs, net of amortization(40)(1)11 — 11 1 Other accrued (deferred) revenues, net16 1 (3)— 7 — Total retail revenues$2,815 100 %$2,447 100 %$2,223 100 %Retail energy deliveries (2) (MWh in thousands):Residential7,732 36 %7,952 37 %8,088 38 %Commercial7,024 32 7,178 34 7,198 34 Industrial6,941 32 6,293 29 5,945 28 Total retail energy deliveries21,697 100 %21,423 100 %21,231 100 %Average number of retail customers:Residential829,721 88 %815,920 88 %809,573 88 %Commercial113,942 12 112,667 12 112,602 12 Industrial281 — 273 — 269 — Total943,944 100 %928,860 100 %922,444 100 %

(1)Includes both revenues from customers who purchase their energy supplies from the Company and revenues from the delivery of energy to those commercial and industrial customers that purchase their energy from ESSs.

(2)Includes both energy sold to retail customers and energy deliveries to those commercial and industrial customers that purchase their energy from ESSs.

The following table presents additional annual averages for retail customers. Certain supplemental tariff collections are excluded from revenues as they are not considered a part of the Company’s base retail prices for these calculations. 

Years Ended December 31, 202420232022ResidentialRevenue per customer (in dollars):$1,695 $1,481 $1,362 Usage per customer (in kilowatt hours):9,318 9,746 9,991 Revenue per kilowatt hour (in cents):18.19 ¢15.20 ¢13.63 ¢CommercialRevenue per