Electricity Rates in Oregon
Average residential electricity cost, utility comparison, and solar savings potential for Oregon homeowners.
Oregon Electricity Cost Overview
The average residential electricity rate in Oregon is $0.12 per kWh, which is 25% below the national average of $0.16/kWh.Oregon homeowners pay an average of $118 per month for electricity, based on typical usage of 983 kWh per month.
Electricity rates in this state have been trending upward over the past decade, following national patterns of rising energy costs. As rates continue to increase, solar panels become an increasingly attractive way for homeowners to lock in their energy costs and achieve long-term savings.
Major Electric Utilities in Oregon
| Utility Company | Avg Rate ($/kWh) | Customers | Est. Monthly Bill |
|---|---|---|---|
| Portland General Electric (PGE) | $0.12 | 910K | $118 |
| Pacific Power | $0.11 | 600K | $108 |
| Eugene Water & Electric Board | $0.10 | 95K | $98 |
Oregon has a deregulated electricity market, which means you can choose your electricity supplier. Shopping for a competitive rate can lower your bill.
How Solar Compares to Oregon Electricity Rates
Without Solar
- Monthly bill: $118
- Annual cost: $1,416
- 25-year cost: $35,400
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $85
- Annual savings: $1,020
- 25-year savings: $30,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Oregon
The average residential electricity rate in Oregon is $0.12 per kilowatt-hour (kWh), which is 25% below the national average of $0.16/kWh. The average monthly electric bill is approximately $118.
With solar panels, Oregon homeowners can reduce their electricity costs by approximately 72%, saving around $85 per month or $30,000 over 25 years. The 30% federal tax credit further reduces the upfront cost.
The largest electric utilities in Oregon include Portland General Electric (PGE), Pacific Power, Eugene Water & Electric Board. Rates vary between utilities, so your exact cost depends on your provider and usage.
Yes, electricity rates in Oregon have been increasing over time, following national trends of 2-5% annual increases. This upward trend makes solar panels an increasingly attractive investment since they lock in your energy costs for 25+ years.
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