1. © 2012 Portland General Electric. All rights reserved. PGE Schedules 7 & 32 Portfolio Time-of-Use Portfolio Options Committee Meeting February 18, 2014 Subhead about the topic Date etc. Presented by: any additional information here

2. 2 10/16/2015 Portfolio TOU Pricing Schedules 7 Residential and 32 Small Non-residential voluntary TOU are considered the market-based rates specified in OAR 860-038-0220 (4).  The energy charge has three peak periods, on-, mid- and off-peak.  The peak periods are differentiated by winter and summer periods as follows:  The on-peak periods generally correspond to when PGE experiences peak loads.  The off-peak periods are standard wholesale market definitions.  The energy prices are structured so that the on-peak price is three times higher than the off-peak price.  Schedule 7 and 32 TOU pricing is based on average class peak percentages for the three peak periods. Winter (Nov-Apr)TimeDays On-peak6 AM to 10 AM 5 PM to 8 PM M-F Mid-peak10 AM to 5 PM 8 PM to 10 PM 6 AM to 10 PM M-F Saturday Off-peak10 PM to 6 AM 6 AM to 10 PM All days Sundays and Holidays Summer (May-Oct)TimeDays On-peak3 PM to 8 PMM-F Mid-peak6 AM to 3 PM 8 PM to 10 PM 6 AM to 10 PM M-F Saturday Off-peak10 PM to 6 AM 6 AM to 10 PM All days Sundays and Holidays

3. 3 10/16/2015 Portfolio TOU Pricing Schedule 7 cents/ kWhSchedule 32 cents/kWh Peak Period EnergyWith T&DPeak PeriodEnergyWith T&D First 5,000 kWh With T&D Over 5,000 kWh On-peak13.26613.30On-peak10.89110.92610.901 Mid-peak7.5007.534Mid-peak6.3566.3916.401 Off-peak4.4224.456Off-peak3.6343.6693.679 First 1,000 kWh Block Adjustment (0.722)

4. 4 10/16/2015 Portfolio TOU Customer Profiles  The average Schedule 7 TOU customer consumes approximately 30% more than the average residential customer.  The average Schedule 32 TOU customer consumes more than 3 ½ times the average small non-residential customer.  The average Schedule 7 customer on TOU for the entirety of 2013 saved $126 or approximately 8% during 2013 relative to standard service. Approximately 94% reduced their bill during this period.  The average Schedule 32 customer on TOU for the entirety of 2013 saved $333 or approximately 6% during 2013 relative to standard service. Approximately 93% reduced their bill during this period.  Although PGE has not marketed TOU, customer participation levels as a percent of class total have grown slightly since 2006.

5. 5 10/16/2015 Portfolio TOU Participation (December figures) Schedule20062007200820092010201120122013 Sch 7 TOU1,6711,8151,8411,8851,8282,1482,3312,355 Sch 32 TOU131114192227231249268273 TOU Totals1,8021,9292,0332,1122,0592,3972,5992,628 Residential696,779706,444712,554715,458719,031720,269733,426740,172 Sm. Non-residential81,14982,60883,61085,09386,19186,97886,77185,893 Sch 7 TOU Pct.0.24%0.26% 0.25%0.30%0.32% Sch 32 TOU Pct.0.16%0.14%0.23%0.27% 0.29%0.31%0.32%

6. 6 10/16/2015 Questions