- CEO
- Cindy A. Crane
- Full Time Employees
- 5,200
- Sector
- Utilities
- Industry
- Diversified Utilities
- Address
- 825 North East Multnomah Street Portland OR United States of America 97232
- IPO Date
- Apr 13, 2010
- Business
- PacifiCorp (PPWLO) operates as a regulated electric utility, generating, transmitting, distributing and selling at-cost electricity to approximately 2.1 million residential, commercial, industrial and irrigation customers across six western U.S. states including Oregon, Utah, Washington, Idaho, Wyoming and California. The company, founded in 1910 as Pacific Power & Light and headquartered at 825 N.E. Multnomah Street in Portland, Oregon, maintains two primary business units, Pacific Power and Rocky Mountain Power; it owns and operates 68 generating plants with 9,140 megawatts of capacity from thermal sources including coal and natural gas plants such as Jim Bridger, Hunter and Huntington, hydroelectric facilities like Lewis River and North Umpqua, wind farms including Leaning Juniper and Marengo, geothermal at Blundell, and limited solar; it also purchases power under contracts, manages one of the largest privately held transmission systems with 16,500 miles of lines and 64,000 miles of distribution lines, and trades electricity on wholesale markets. As a subsidiary of Berkshire Hathaway Energy, PacifiCorp serves 143,000 square miles through 900 substations and focuses on grid resilience, wildfire prevention and community programs.
In its 2025 integrated resource plan filed with state commissions, PacifiCorp outlines adding 4,700 megawatts of renewables including 2,400 megawatts solar and 2,270 megawatts wind by 2030, alongside 1,680 megawatts four-hour battery storage and 510 megawatts 100-hour iron-air storage, plus $2.3 billion in transmission investments to interconnect 4,220 megawatts; it plans a 500-megawatt power purchase agreement with TerraPower's Natrium advanced nuclear project by year-end 2025 for 2031 operations, coal-to-gas conversions of 562 megawatts, retirement of 386 megawatts minority-owned coal capacity, and carbon capture at two 700-megawatt Jim Bridger units if federal rules allow. Recent developments include a conditional U.S. Department of Energy loan commitment of $3.52 billion for transmission upgrades, a long-term power purchase agreement with rPlus Energies for the 800-megawatt Green River hybrid solar-storage project under construction for 2026 completion, and a November 2025 $150 million settlement with 1,434 plaintiffs over the 2020 Labor Day fires following prior punitive damage awards. These initiatives support emissions reductions, renewable integration to 56% of consumption by 2040 and enhanced grid efficiency amid policy uncertainties.