Portland General Electric Company

Original Volume No. 1

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Effective Date: 12/03/2003, Docket: RP04- 48-000, Status: Effective

Original Sheet No. 5 Original Sheet No. 5 : Effective

STATEMENT OF RATES (Continued)

Effective Rates Applicable to Rate Schedules FT-1 and IT-1 (Continued)

(Dollars per Dth)

Unauthorized Overrun and Underrun Rate (per Dth)

___________________________________________ _________

Unauthorized Daily Overrun

At least 3% but less than 5% of entitlement Index Price (3)

Equal to or greater than 5% of entitlement Greater of $25.00 or

Two Times the Index Price

(3)

Unauthorized Daily Underrun

At least 5% but less than 10% Index Price (3)

of entitlement

Equal to or greater than 10% of entitlement Greater of $25.00 or

Two Times the Index Price

(3)

Unauthorized Underrun Imbalances

not eliminated after 72 hours

Two Times the Index Price

(3)

See Section 14.5 of the General Terms and Conditions regarding the assessment

of unauthorized daily overrun and underrun charges.