Jointly-owned Plant

12 Months Ended

Dec. 31, 2020

Jointly-owned Plant [Abstract]

Jointly-owned Plant [Text Block]

JOINTLY-OWNED PLANT

As of December 31, 2020, PGE had the following investments in jointly-owned plant (dollars in millions):

	PGE Share		In-service Date			Plant In-service		Accumulated Depreciation*		Construction Work In Progress
Colstrip	20.00	%	1986			$	566	$	387	$	7
Pelton/Round Butte	66.67	%	1958	/	1964	283		82		7
Total						$	849	$	469	$	14

*    Excludes AROs and accumulated asset retirement removal costs.

Under the respective joint operating agreements for the generating facilities, each participating owner is responsible for financing its share of capital and operating expenses. PGE’s proportionate share of direct operating and maintenance expenses of the facilities is included in the corresponding operating and maintenance expense categories in the consolidated statements of income.

The Company operated, and continues to have a 90% ownership interest in, Boardman, which ceased coal-fired operations during the fourth quarter of 2020. The Company has begun the initial steps toward decommissioning the

facility. As of December 31, 2020, PGE’s ARO liability for its 90% share of the decommissioning costs was $44 million.