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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) November 1, 1996
Registrant; State of Incorporation; IRS Employer
Commission File Number Address; and Telephone Number Identification No.
1-5532 PORTLAND GENERAL CORPORATION 93-0909442
(an Oregon Corporation)
121 SW Salmon Street
Portland, Oregon 97204
(503) 464-8820
1-5532-99 PORTLAND GENERAL ELECTRIC COMPANY 93-0256820
(an Oregon Corporation)
121 SW Salmon Street
Portland, Oregon 97204
(503) 464-8000
121 S.W. Salmon Street, Portland, Oregon 97204
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code 503-464-8820
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Item 5. Other Events
On November 1, 1996 the staff (Staff) of the Oregon Public Utility Commission
(OPUC) issued a revision to their September 6, 1996 response to the Portland
General Electric Company (PGE or the Company) proposed rate plan. The
Staff's revised proposal recommends additional rate reductions for 1997 of
$75 million, beyond the $25 million proposed by PGE. For further discussion
regarding the Company's rate proposal see the PGE and Portland General
Corporation quarterly report on Form 10-Q for the quarter ended September 30,
1996. Staff's proposal, if adopted, would result in a $117 million before tax
and a $71 million after tax reduction to PGE's 1997 earnings. Staff made no
other changes to their earlier proposal. Settlement discussions with Staff and
interested parties will begin November 7, 1996.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrants have duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.
Portland General Corporation
Portland General Electric Company
November 1, 1996 By /s/ Joseph E. Feltz
Joseph E. Feltz
Assistant Controller
Assistant Treasurer
