Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2026

Revenue Recognition [Abstract]

Disaggregation of Revenue

The following table presents PGE’s revenue, disaggregated by customer type (in millions):


		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Retail:
Residential		$	334			$	311			$	728			$	740
Commercial			248				234				483				476
Industrial			156				128				295				255
Direct access customers			12				10				21				19
Subtotal			750				683				1,527				1,490
Alternative revenue programs, net of amortization			3				9				19				5
Other accrued revenues, net			(2	)			6				(5	)			10
Total retail revenues			751				698				1,541				1,505
Wholesale revenues*			39				88				102				188
Other operating revenues			24				21				50				42
Total revenues		$	814			$	807			$	1,693			$	1,735

* Wholesale revenues include $27 million and $30 million related to electricity commodity contract derivative settlements for the three months ended June 30, 2026 and 2025, respectively, and $60 million and $80 million for the six months ended June 30, 2026 and 2025, respectively. Price risk management derivative activities are included within total revenues but do not represent revenues from contracts with customers as defined by GAAP. For further information, see Note 5, Risk Management.