Rates set to jump for Oregon customers in January.

From Oregon Live.com - By Ted Sickinger, The Oregonian - Come New Year's, better strip the lights off the house and the Christmas tree ASAP. Customers of Pacific Power will see their electric rates spike 14.5 percent in January. The increase comes in a one-two punch: an 8.4 percent general rate increase state utility regulators approved Friday, and a 6.1 percent increase for increased power costs they are expected to approve Dec. 28. Both take effect Jan. 1. Meanwhile, customers of the state's largest electric utility, Portland General Electric Co., will see a lesser, but still significant, rate increase of about 3.9 percent. Read more
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