PacifiCorp, a regulated electric utility company, generates, transmits, distributes, and sells electricity in the United States. It owns interests in wind, hydroelectric, thermal, and geothermal, as well as in electric transmission and distribution assets. The company also buys and sells electricity on the wholesale market with other utilities, energy marketing companies, financial institutions, and other market participants. It delivers electricity to customers in Utah, Oregon, Wyoming, Washington, Idaho, and California. The company serves retail, residential, commercial, industrial, irrigation, and other customers. PacifiCorp was formerly known as PC/UP&L Merging Corp. and changed its name to PacifiCorp in June 1989. The company was founded in 1910 and is based in Portland, Oregon. PacifiCorp operates as a subsidiary of PPW Holdings LLC.