Electricity rates and solar savings in Corvallis, OR

Electricity Rates in Corvallis, OR

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

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

Corvallis Electricity Cost Overview

The average residential electricity rate in Corvallis, OR is $0.12 per kWh, which is 25% below the national average of $0.16/kWh. Homeowners in Corvallis pay an average of $118 per month for electricity, based on typical usage of 983 kWh per month.

Electricity rates in Corvallis 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, Corvallis residents can shop for competitive rates from alternative suppliers.

Electric Utilities Serving Corvallis

Utility CompanyAvg 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 Corvallis 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 - Corvallis, OR

The average residential electricity rate in Corvallis is $0.12 per kilowatt-hour (kWh), which is 25% below the national average of $0.16/kWh. The average monthly electric bill for Corvallis homeowners is approximately $118.

With solar panels, Corvallis 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 Corvallis 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 Corvallis 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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30%Federal Tax Credit
25+Year Savings
$0Down Options