DAYTON—On Aug. 4 Pacific Power Community Regional Manager Bill Clemens shared information with the Port’s Economic Development Steering Committee about a proposed rate settlement, which could provide more than 137,000 customers in central and eastern Washington with lower bills and rate stability.

The proposed settlement requires final approval by the Washington Utilities and Transportation Committee and includes an agreement from Pacific Power not to file another general rate case before 2023.

Clemens said, if approved, the all-party settlement will cut rates by 1.2-percent. It will provide c...