With PNGC…You’ve Got the Power
PNGC Power is a Portland-based electric generation and transmission (G & T) cooperative
owned by 14 Northwest electric distribution cooperative utilities with service territory
in seven western states (Oregon, Washington, Idaho, Montana, Utah, Nevada and Wyoming).
Our company creates value for its member systems by providing power supply and other
management services. PNGC Power is a top aggregator of geographically diverse loads
in the region and became the first electric cooperative in the country to receive
a power marketing license from the Federal Energy Regulatory Commission.
For more than 15 years, PNGC Power has consistently offered members a competitive
advantage despite significant weather and market-related challenges. With the benefit
of having some of the most experienced professionals in the energy industry and
by offering advanced tools, technology and policy leadership, we are able to serve
our members’ load requirements reliably and cost-effectively. By coming together as PNGC Power,
our member co-op utilities have more options than any one of them could have alone.
Member benefits include:
- More buying leverage
- Access to advanced technical capabilities
- Financial strength; backed by $964 million in assets of member-owners
- Risk management capability and increased control
- Ability to meet customers’ power needs in the new era of public power
PNGC member utilities have the collective clout to offer their customers reliable,
low-cost power options at stable prices, now, and in the future thanks to the intense
planning and forward-thinking vision of the PNGC Power Board and staff.
In December 2008, PNGC Power signed a new 20-year contract with BPA. This contract,
which began October 1, 2011, secures long-term, cost-based power from the
Federal Base System. It also sets the stage for PNGC to acquire additional resources to meet member
cooperatives’ future energy needs in the most efficient manner and at the highest
level of wholesale rate stability possible.
This 20-year contract with BPA provides a long-term commitment to cost-based power
supply. It also gives PNGC Power’s members the opportunity to be directly involved
in future resource decisions, build equity in generating assets, better manage power
supply risk and keep future wholesale energy costs as low as possible.