Portland General Electric (NYSE:POR) is a regulated electric utility company headquartered in Portland, Oregon. Founded in 1888, the company has grown to serve more than 900,000 customers across western Oregon, including the Portland metropolitan area. Its core operations encompass the generation, transmission and distribution of electricity, ensuring reliable power delivery to residential, commercial and industrial clients throughout its service territory.
PGE’s generation portfolio features a diverse mix of energy sources, including natural gas-fired plants, hydroelectric facilities, wind farms and solar arrays. The company continually evaluates opportunities to expand renewable capacity and integrate emerging technologies to meet evolving customer demands. In addition to owning and operating generation assets, PGE actively participates in wholesale power markets and engages in long-term power purchase agreements to balance supply and demand and manage price volatility.
Regulated by the Oregon Public Utility Commission, Portland General Electric is responsible for maintaining and upgrading its transmission and distribution network. The company invests in grid modernization initiatives—such as advanced metering infrastructure, automated outage restoration and cybersecurity enhancements—to bolster system resilience. PGE also offers demand-response and energy-efficiency programs designed to help customers reduce consumption and lower overall energy costs.
Under the leadership of President and CEO Maria Pope, Portland General Electric continues to pursue a strategy centered on sustainability, reliability and customer service. The executive team emphasizes community engagement and environmental stewardship, aiming to achieve a lower-carbon portfolio by partnering with local stakeholders and adhering to state clean-energy goals. Through strategic investments and operational excellence, PGE seeks to deliver safe, affordable and increasingly sustainable electricity to its Oregon communities.