Electricity Rates in Medford, OR
Average electricity cost, utility comparison, and solar savings potential for Medford homeowners.
Medford Electricity Cost Overview
The average residential electricity rate in Medford, OR is $0.12 per kWh, which is 25% below the national average of $0.16/kWh. Homeowners in Medford pay an average of $118 per month for electricity, based on typical usage of 983 kWh per month.
Electricity rates in Medford are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use. Since Oregon has a deregulated electricity market, Medford residents can shop for competitive rates from alternative suppliers.
Electric Utilities Serving Medford
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Portland General Electric (PGE) | $0.12 | $118 |
| Pacific Power | $0.11 | $108 |
| Eugene Water & Electric Board | $0.10 | $98 |
How Solar Compares to Medford 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 - Medford, OR
The average residential electricity rate in Medford is $0.12 per kilowatt-hour (kWh), which is 25% below the national average of $0.16/kWh. The average monthly electric bill for Medford homeowners is approximately $118.
With solar panels, Medford 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 of going solar.
The major electric utilities serving the Medford area include Portland General Electric (PGE), Pacific Power, Eugene Water & Electric Board. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Medford and across Oregon have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.
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