XML 57 R44.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Regulatory Assets and Liabilities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Regulatory Assets [Line Items] |
Schedule of Regulatory Assets [Table Text Block] | Regulatory assets and liabilities consist of the following (dollars in millions):
| Remaining Amortization Period |  | As of December 31,
| 2024 |  | 2023
| Earning a Return (1) |  | Not Earning a Return |  | Total |  | Total
Regulatory assets: |  |  |  |  |  |  |  |  |
Price risk management | (2) |  | $ | — |  |  | $ | 185 |  |  | $ | 185 |  |  | $ | 206 |
Pension plans | (3) |  | — |  |  | 84 |  |  | 84 |  |  | 104 |
Trojan decommissioning activities | 2059 |  | — |  |  | 161 |  |  | 161 |  |  | 139 |
February 2021 ice storm and damage | 2029 |  | 58 |  |  | — |  |  | 58 |  |  | 67 |
January 2024 storm and damage | (4) |  | 46 |  |  | — |  |  | 46 |  |  | — |
Reliability contingency events | (4) |  | 90 |  |  | — |  |  | 90 |  |  | — |
2020 Labor Day wildfire | 2029 |  | 24 |  |  | — |  |  | 24 |  |  | 28 |
Wildfire mitigation | (5) |  | 43 |  |  | — |  |  | 43 |  |  | 29 |
Other | Various |  | 70 |  |  | 76 |  |  | 146 |  |  | 140 |
Total regulatory assets |  |  | $ | 331 |  |  | $ | 506 |  |  | $ | 837 |  |  | $ | 713 |
Regulatory liabilities: |  |  |  |  |  |  |  |  |
Asset retirement removal costs | (6) |  | $ | 1,199 |  |  | $ | — |  |  | $ | 1,199 |  |  | $ | 1,173 |
Deferred income taxes | (7) |  | 179 |  |  | — |  |  | 179 |  |  | 177 |
Clearwater RAC | (4) |  | 40 |  |  | — |  |  | 40 |  |  | — |
Other | Various |  | 62 |  |  | 13 |  |  | 75 |  |  | 96 |
Total regulatory liabilities |  |  | $ | 1,480 |  |  | $ | 13 |  |  | $ | 1,493 |  |  | $ | 1,446 |
(1)Earning a return includes either interest on the regulatory asset or liability, or inclusion of the regulatory asset or liability as an increase or decrease to rate base at the allowed rate of return. (2)No amortization period in accordance with ratemaking and cost recovery processes authorized by the OPUC, PGE recognizes a regulatory asset or liability to defer unrealized losses or gains on derivative instruments until settlement. (3)Recovery expected over the average service life of employees. (4)Amortization period has yet to be decided. (5)Amounts deferred between January 1, 2022 and May 8, 2022 are amortizing over a 2-year period beginning October 20, 2023. Incremental amounts deferred between January 1, 2023 and December 31, 2024 have not yet been approved for amortization. (6)Recovery or refund expected over the estimated lives of the underlying assets and treated as a reduction to rate base. (7)Refund expected as the balance is reversed using the average rate assumption method over the average life of the underlying assets and treated as a reduction to rate base.
Schedule of Regulatory Liabilities [Table Text Block] | Regulatory assets and liabilities consist of the following (dollars in millions):
| Remaining Amortization Period |  | As of December 31,
| 2024 |  | 2023
| Earning a Return (1) |  | Not Earning a Return |  | Total |  | Total
Regulatory assets: |  |  |  |  |  |  |  |  |
Price risk management | (2) |  | $ | — |  |  | $ | 185 |  |  | $ | 185 |  |  | $ | 206 |
Pension plans | (3) |  | — |  |  | 84 |  |  | 84 |  |  | 104 |
Trojan decommissioning activities | 2059 |  | — |  |  | 161 |  |  | 161 |  |  | 139 |
February 2021 ice storm and damage | 2029 |  | 58 |  |  | — |  |  | 58 |  |  | 67 |
January 2024 storm and damage | (4) |  | 46 |  |  | — |  |  | 46 |  |  | — |
Reliability contingency events | (4) |  | 90 |  |  | — |  |  | 90 |  |  | — |
2020 Labor Day wildfire | 2029 |  | 24 |  |  | — |  |  | 24 |  |  | 28 |
Wildfire mitigation | (5) |  | 43 |  |  | — |  |  | 43 |  |  | 29 |
Other | Various |  | 70 |  |  | 76 |  |  | 146 |  |  | 140 |
Total regulatory assets |  |  | $ | 331 |  |  | $ | 506 |  |  | $ | 837 |  |  | $ | 713 |
Regulatory liabilities: |  |  |  |  |  |  |  |  |
Asset retirement removal costs | (6) |  | $ | 1,199 |  |  | $ | — |  |  | $ | 1,199 |  |  | $ | 1,173 |
Deferred income taxes | (7) |  | 179 |  |  | — |  |  | 179 |  |  | 177 |
Clearwater RAC | (4) |  | 40 |  |  | — |  |  | 40 |  |  | — |
Other | Various |  | 62 |  |  | 13 |  |  | 75 |  |  | 96 |
Total regulatory liabilities |  |  | $ | 1,480 |  |  | $ | 13 |  |  | $ | 1,493 |  |  | $ | 1,446 |
(1)Earning a return includes either interest on the regulatory asset or liability, or inclusion of the regulatory asset or liability as an increase or decrease to rate base at the allowed rate of return. (2)No amortization period in accordance with ratemaking and cost recovery processes authorized by the OPUC, PGE recognizes a regulatory asset or liability to defer unrealized losses or gains on derivative instruments until settlement. (3)Recovery expected over the average service life of employees. (4)Amortization period has yet to be decided. (5)Amounts deferred between January 1, 2022 and May 8, 2022 are amortizing over a 2-year period beginning October 20, 2023. Incremental amounts deferred between January 1, 2023 and December 31, 2024 have not yet been approved for amortization. (6)Recovery or refund expected over the estimated lives of the underlying assets and treated as a reduction to rate base. (7)Refund expected as the balance is reversed using the average rate assumption method over the average life of the underlying assets and treated as a reduction to rate base.

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_RegulatoryAssetLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets that are created when regulatory agencies permit public utilities to defer certain costs included in rate-setting to the balance sheet. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 980 -SubTopic 340 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478742/980-340-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 980 -SubTopic 715 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478574/980-715-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 980 -SubTopic 340 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478742/980-340-50-2 + Details
Name: | us-gaap_ScheduleOfRegulatoryAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of regulatory liabilities. Detailed information about liabilities that result from rate actions of a regulator. Rate actions of a regulator can impose a liability on a regulated enterprise resulting in a regulatory liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 980 -SubTopic 405 -Name Accounting Standards Codification -Section 25 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477571/980-405-25-1 + Details
Name: | us-gaap_ScheduleOfRegulatoryLiabilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration