Current through Register Vol. 61, No. 4, April 1, 2022

Electric companies. The value of the Oregon portion of a unit
of property used by a company operating both within and without this state in
the business of distributing electricity shall be allocated to this state by
multiplying the total value of the unit by a percentage, which shall be the sum
of the Oregon production plant percentage, the Oregon distribution plant
percentage and the Oregon other plant percentage.

(1) The Oregon production plant percentage
shall be the ratio the total original cost of the production plant of the unit
bears to the total original cost of the unit times the sum of:

(a) The ratio the Oregon portion of the
original cost of the production plant bears to the total unit original cost of
the production plant times 75 percent;

(b) The ratio the Oregon portion of the
unit's capacity to generate electricity, measured in kilowatts, bears to the
unit's total capacity to generate electricity times 10 percent; plus

(c) The ratio the Oregon portion of the
unit's total energy generation during the prior year, measured in megawatt
hours, bears to the unit's total energy generation during the prior year times
15 percent.

(2) The
Oregon distribution plant percentage shall be the ratio the total original cost
of distribution plant of the unit bears to the total original cost of the unit
times the sum of:

(a) The ratio the Oregon
portion of the original cost of distribution plant bears to the total unit
original cost of distribution plant times 50 percent;

(b) The ratio the Oregon portion of the
unit's energy production sold in the prior year, measured in kilowatt hours,
bears to the unit's total energy production sold times 10 percent; plus

(c) The ratio the Oregon portion
of the unit's revenue generated from the sale of energy for the prior year
bears to the unit's total revenue generated from the sale of energy for the
prior year times 40 percent.

(3) The Oregon other plant percentage shall
be the ratio the original cost of the remaining plant of the unit bears to the
total original cost of the unit times the ratio the Oregon portion of the
original cost of the remaining plant bears to the total original cost of the
remaining plant of the unit.

### Notes

Or.
Admin. R. 150-308-0590

RD 6-1994, f.
12-15-94, cert. ef. 12-30-94; Renumbered from 150-308.550(2)-(C),
REV
59-2016, f. 8-13-16, cert. ef.
9/1/2016

Stat. Auth.: ORS
305.100

Stats. Implemented: ORS
308.550