Portland General Electric Company is a vertically-integrated electric utility headquartered in Oregon that generates, transmits, distributes, and retails electricity exclusively within the state to approximately 960,000 customers across a 4,000 square-mile service territory. The company operates as a cost-based regulated utility overseen by the Oregon Public Utility Commission, serving residential (majority of customers), commercial, and industrial segments, while competing with electricity service suppliers and natural gas utilities for customer energy needs. PGE meets customer electricity demand through a diversified portfolio of company-owned generation assets (natural gas, wind, hydro) supplemented by long-term power purchase agreements and wholesale market purchases, generating revenue from regulated retail electricity sales, wholesale power transactions, and ancillary services including transmission fees and environmental credit trading.