COMPARE PUDs to ENRON:
IT'S ALL in the NUMBERS
- $5 million: amount
of ratepayer money PGE used to defeat the 1992 measure
that would have closed the Trojan Nuclear plant
at no cost to
- 1: number of weeks after
the measure's defeat that PGE closed Trojan permanently at ratepayer expense.
- 29: number of large publicly owned utilities in Oregon with rates lower than
- 5: number of publicly
owned utilities bordering PGE territory with lower rates than PGE.
- 0: number of PUDs
in Oregon charging higher rates than PGE.
- 3.53: cents/kw-hour
[2002 average] paid by residential customers of Clatskanie PUD.
- 8.03: cents/kw-hour [2002
average] paid by residential customers of PGE.
- $750 million: amount
PGE has collected through May 2005 from ratepayers for federal and state income tax payments
1997. It increases by almost $2 million weekly.
- $749.8 million: amount
of these collections PGE and Enron kept for themselves so far.
- $100 million: amount PGE
employees lost due to Enron's stock fraud.
- $80 million: amount
Oregon PERS lost due to Enron's stock fraud.
- 5: number of pages
in Enron reorganization plan needed to list all lawsuits, most for fraud,
- Undetermined: amount these
suits may cost PGE ratepayers.
- 30: number of “restructuring
specialists” Enron has hired to help it sell PGE.
- $860,000: amount each "specialist" is
paid per year in salary alone.
- 3: number of electric
utility bankruptcies since Congress rewrote regulations in 1978 revoking
state veto of settlements.
- 2: number
of electric utility bankruptcy reorganization plans, since 1978,
which called for the sale or transfer
of assets out from under state rate regulation.
- $1.9 billion: present
PGE value as a regulated electric utility.
- $5.0 billion: PGE value
if transmission and generation assets are sold out from under state rate
- $300 million: yearly
increased cost to ratepayers if such a sale occurs.
- 0: number of reasons Enron and Wall Street banks have to not dismember PGE in the bankruptcy proceeding or through utility deregulation.
OWNERSHIP OF PGE
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