PacifiCorp

PacifiCorp is an electric power company based in the Lloyd Center Tower in Portland, Oregon with operations in the western United States.[2]

PacifiCorp has two business units: Pacific Power, a regulated electric utility with service territory throughout Oregon, northern California, and southeastern Washington headquartered in Portland, Oregon; and Rocky Mountain Power, a regulated electric utility with service territory throughout Utah, Wyoming, and southeastern Idaho, headquartered in Salt Lake City, Utah. PacifiCorp operates one of the largest privately held transmission systems in the U.S. within the western Energy Imbalance Market.[3]

Pacific Power and Rocky Mountain Power combined serve over 1.6 million residential customers, 202,000 commercial customers, and 37,000 industrial and irrigation customers, for a total of approximately 1,813,000 customers. The service area is 143,000 sqmi. The company owns and maintains 16500 mi of long-distance transmission lines, 64000 mi of distribution lines, and 900 substations.

PacifiCorp owns, maintains and operates generation assets and manages the commercial and trading operations of the company. PacifiCorp owns 68 generating plants with a capacity of 9,140 megawatts. 70.6% of the generation is from thermal sources (i.e., coal or natural gas), 6.7% from hydroelectric sources, and 0.2% from renewable sources. 22.5% of PacifiCorp's generation is purchased from other suppliers or under contracts.

History

homepage	pacificorp.com

footnotes	‡R1R‡

Pacific Power & Light was formed in 1910 from the merger of several financially troubled utilities in Oregon and Washington to form the Pacific Power & Light Company.[5] It gradually expanded its reach to include most of Oregon, as well as portions of California, Washington and Wyoming. In 1984, it reorganized itself as a holding company, PacifiCorp, headquartered in Portland with Pacific Power as its main subsidiary.

Utah Power and Light (UP&L) was organized on 6 September 1912 from the merger of four electric companies in Utah, Idaho and Wyoming and was a Salt Lake City subsidiary of a large holding company, Electric Bond and Share Company (EBASCO) of New York. Within four years of its organization, UP&L had purchased twenty-seven other electric companies in the general Utah area, and eventually absorbed more than one hundred thirty. In 1881, one of those companies had made Salt Lake City the fifth city in the world with central station electricity.

In 1954, Pacific Power & Light merged with the Mountain States Power Company, essentially doubling the company's service area. In 1961, the company purchased the California Oregon Power Company, extending its service into southern Oregon and northern California.[6]

In 1977, PacifiCorp spun off its coal mining interests into a mining company known as NERCO, which was eventually listed on the New York Stock Exchange and ranked as high as 353 on the Fortune 500 list of the largest American companies. Through its majority interest in NERCO, PacifiCorp was involved in the mining of coal, oil, natural gas, gold, silver, and uranium. PacifiCorp still owned 82% of NERCO in 1993, when it was acquired by the mining giant Rio Tinto Group.[7]

In August 1987, PacifiCorp agreed to acquire Utah Power & Light.[8] The merger was completed in January 1989.[9]

In 2001, PacifiCorp was acquired by Scottish Power.[10]

In 2006, PacifiCorp was acquired by Berkshire Hathaway Energy, a division of Berkshire Hathaway, for $5.1 billion in cash.[11]

In a July 2006 reorganization, Pacific Power's territory in central and eastern Wyoming was merged with the Utah Power territory to form Rocky Mountain Power.[12][13]

Generation resources

In these tables of generation properties owned or partially owned by PacifiCorp, total capacity is 10,556 MW. Of this, 56% is coal, 24% is natural gas, 10% is hydroelectric, and 10% is renewable.

Major generation facilities include:

Thermal generation (Fossil fueled)

Hydroelectric generation

Renewable generation

Thermal generation (Fossil fueled)

Hydroelectric generation

Renewable generation

Coal mining

PacifiCorp also owns and operates several captive coal mines located at or very near some of its generation plants.

divisions
type	Subsidiary
industry	Electric power industry
foundation	1910
location	Lloyd Center Tower Portland, Oregon, U.S.
area served	California Idaho Oregon Utah Washington Wyoming
key people	Cindy Crane (Chair and CEO, PacifiCorp) Ryan Flynn (President, Pacific Power Division) Richard Garlish (President, Rocky Mountain Power Division)
num employees	5,200
parent	Berkshire Hathaway Energy

History

Generation resources

Thermal generation (Fossil fueled)

Hydroelectric generation

Renewable generation

Thermal generation (Fossil fueled)

Hydroelectric generation

Renewable generation

Coal mining

Legal issues

External links

References

Electric vehicles

Customers

Net metering

Pacific Power

Rocky Mountain Power

Idaho

Utah

Wyoming

Idaho

Utah

Wyoming