Solar panels under blue sky with sunlight in Oregon - Electricity Rates

Electricity Rates in Oregon

Average residential electricity cost, utility comparison, and solar savings potential for Oregon homeowners.

$0.12
Avg Rate ($/kWh)
$118
Avg Monthly Bill
-25%
vs National Avg
$85/mo
Solar Savings

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 CompanyAvg Rate ($/kWh)CustomersEst. Monthly Bill
Portland General Electric (PGE)$0.12910K$118
Pacific Power$0.11600K$108
Eugene Water & Electric Board$0.1095K$98

Compare & Shop Electricity Rates in Oregon

Oregon has a deregulated electricity market. This means residents can choose their electricity supplier and shop for the cheapest rates available. Your local utility still delivers power to your home, but you pick who generates it — and at what price.

How to Find the Lowest Rates in Oregon

  • Compare suppliers: Visit Oregon's Public Utilities Commission website for approved electricity suppliers and current rate offers.
  • Fixed vs. variable rates: Fixed-rate plans protect you from price spikes. Variable rates may start lower but fluctuate with the market.
  • Check contract terms: Watch for early termination fees, promotional rates that increase, and monthly service charges.
  • Consider solar: Rather than switching suppliers year after year, solar panels generate electricity at a fixed cost for 25+ years — often the cheapest long-term option.

The current average rate in Oregon is $0.12/kWh. By comparing suppliers or going solar, many Oregon homeowners cut their monthly bill from $118 to under $35 per month.

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
Row of solar panels producing renewable energy in Oregon - Electricity Rates

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.

Homeowners enjoying lower energy bills with solar panels in Oregon - Electricity Rates

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30%Federal Tax Credit
25+Year Savings
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