(1) As used in this section and ORS 757.218, electric or natural gas company means any entity that is a public utility that is engaged in the business of distributing electricity or natural gas to retail customers in this state. (2) Each calendar year, an electric or natural gas company shall provide to the Public Utility Commission, and make publicly available on the electric or natural gas companys website, a visual representation of the cost categories that are included in the electric or natural gas companys residential customer rates and the percentage amount of the residential customer rates for each cost category. (3) The commission shall by rule establish the cost categories. Cost categories must include the following: (a) Transmission services infrastructure; (b) Distribution services infrastructure; (c) Power costs; (d) Wildfire mitigation; (e) Catastrophic events and emergencies; (f) Insurance, including self-insurance; and (g) Any other expenses, as determined by the commission, that an electric or natural gas company seeks to recover through residential customer rates.
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