ORS 758.480
Assumption of obligations arising out of Trojan Nuclear Plant


(1)

As used in this section:

(a)

“Agreement” means the agreement dated October 5, 1970, and titled “Agreement for Construction, Ownership and Operation of the Trojan Nuclear Plant,” as amended.

(b)

“Allocated territory” has the meaning given that term in ORS 758.400 (Definitions for ORS 758.015 and 758.400 to 758.475).

(c)

“Person” means:

(A)

A person as defined in ORS 174.100 (Definitions);

(B)

A person as defined in ORS 758.400 (Definitions for ORS 758.015 and 758.400 to 758.475);

(C)

A public body as defined in ORS 174.109 (“Public body” defined); or

(D)

Any combination of entities described in subparagraphs (A), (B) and (C) of this paragraph.

(d)

“Trojan obligations” means all of the obligations and liabilities of the Portland General Electric Company to pay amounts that are due or that may become due under the agreement or that are due or that may become due as a result of a requirement imposed by a federal, state or local governmental body, agency or instrumentality.

(e)

“Utility service” has the meaning given that term in ORS 758.400 (Definitions for ORS 758.015 and 758.400 to 758.475).

(2)

Any person acquiring all or a portion of any allocated territory of the Portland General Electric Company, or acquiring the right to provide utility service within the allocated territory of the Portland General Electric Company, shall assume a share of Trojan obligations that is proportionate to the total amount of allocated territory or the percentage of retail customer load for which the person has acquired the right to provide utility service, whichever is greater.

(3)

The assumption of Trojan obligations described in this section shall occur without regard to whether the acquisition described in subsection (2) of this section occurs through market transactions or condemnation proceedings or by any other means.

(4)

Any person assuming a share of Trojan obligations shall pay all required or necessary amounts, when due, into any decommissioning or other fund established, required or approved by any federal, state or local governmental body, agency or instrumentality for the purpose of meeting Trojan obligations. A person making payments into a fund described in this subsection may use the person’s share of the fund for the purpose of meeting the person’s Trojan obligations, subject to any limitation imposed by a federal, state or local governmental body, agency or instrumentality.

(5)

The obligations imposed by subsection (2) of this section do not apply to any person acquiring allocated territory or customers of the Portland General Electric Company when:

(a)

The acquisition occurs pursuant to the terms of a contract allocating territory that has been approved by the Public Utility Commission under ORS 758.400 (Definitions for ORS 758.015 and 758.400 to 758.475) to 758.475 (Fees) and that is in effect on July 22, 2005; or

(b)

The acquisition comprises less than one percent of the total allocated territory of the Portland General Electric Company or less than one-tenth of one percent of the total retail customer load of the Portland General Electric Company at the time of acquisition, whichever is greater. [2005 c.630 §1]
Note: 758.480 (Assumption of obligations arising out of Trojan Nuclear Plant) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 758 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 758.480 — Assumption of obligations arising out of Trojan Nuclear Plant, https://www.­oregonlegislature.­gov/bills_laws/ors/ors758.­html.

758.010
Authority to construct lines and facilities
758.012
Notice of intent to build transmission line to consumer-owned utilities and public utilities
758.013
Operator of electric power line to provide Public Utility Commission with safety information
758.015
Certificate of public convenience and necessity
758.017
Appeal of grant or denial of certificate of public convenience and necessity for transmission lines subject to Energy Facility Siting Council approval
758.020
Joint occupancy of poles
758.025
Relocation of utilities in highway right of way
758.035
Commission’s power to enforce joint use of facilities
758.120
Electric easement in provision of broadband services
758.125
Duties and rights not altered by ORS 758.120
758.130
Requirements for electric cooperative in provision of broadband services
758.210
Policy
758.215
Definitions for ORS 758.210 to 758.270
758.220
Authority for conversion to underground facilities
758.225
Petition, ordinance or resolution for conversion
758.230
Assessment procedure
758.235
Applicability of local improvement laws
758.240
Contract with utility for conversion
758.245
Payment of costs for conversion
758.250
Conversion of facilities on private lands
758.255
Discontinuance of utility service for noncompliance with conversion provisions
758.260
Competitive bidding for utility conversion
758.265
Overhead facilities in assessment district after conversion
758.270
Effect of ORS 758.210 to 758.270 on existing laws and rights
758.280
Definitions for ORS 758.280 to 758.286
758.282
Immunity of electric utility for pruning or removing vegetation in certain cases
758.284
Immunity of electric utility for pruning or removing vegetation in other cases
758.286
Immunity not applicable to liability for cost of abating fires
758.300
Definitions for ORS 758.300 to 758.320
758.302
Application for exclusive service territory
758.305
Exclusive service territories
758.310
Assignment or transfer of rights in exclusive service territory
758.315
Water utility service provided by persons not designated by commission
758.320
Application of ORS 758.300 to 758.320 to cities
758.400
Definitions for ORS 758.015 and 758.400 to 758.475
758.405
Purpose of ORS 758.400 to 758.475
758.410
Contracts for allocation of territories and customers
758.415
Enforceability of contract approved by commission
758.420
Filing of contract
758.425
Order of commission on contract
758.430
Amendment of contract
758.435
Application for allocation of territory
758.440
Order of commission on application
758.445
Judicial review of order on application
758.450
Contract required for allocation of territory
758.455
Investigation by commission respecting contracts or applications
758.460
Assignment or transfer of rights acquired by allocation
758.465
Enforcement procedure
758.470
Application to cities, municipalities and cooperatives of ORS 758.400 to 758.475
758.475
Fees
758.480
Assumption of obligations arising out of Trojan Nuclear Plant
758.505
Definitions for ORS 758.505 to 758.555
758.515
Legislative findings
758.525
Avoided cost schedules
758.535
Criteria for qualifying facility
758.545
Electric utility required to make good faith effort to transmit energy
758.552
Ownership of renewable energy certificates for energy generated by qualifying facility
758.555
Effect of energy sales on qualifying facility
Green check means up to date. Up to date