Oregon commercial electricity rates

Analyst note

The Oregon commercial price sat above the U.S. average in 0 of 10 years; the gap was -1.84 ¢ in 2015 and -2.64 ¢ in 2024. In the 2024 ranking Oregon sits between Nevada (10.19 ¢) one place above and Washington (9.99 ¢) one place below; the top of the list is 28.07 ¢ away and the bottom 2.92 ¢. Oregon was 40th in 2015 with 8.80 ¢ and is 42nd now; a fall in the table. Oregon commercial prices rose in 7 of 9 years. The largest rise was +6.1% in 2023, and the largest fall -0.7% in 2019. The Oregon price peaked at 10.11 ¢ in 2024 and bottomed at 8.80 ¢ in 2015; 2024 is the peak and +14.9% from the low. Compounded, that is +1.55% a year in Oregon, -0.48 points against the U.S. Oregon buys 1.70% of all U.S. commercial electricity with 1.27% of the accounts, so the average Oregon account uses 1.34 times the national average.

Oregon commercial customers paid 10.11 ¢ in 2024, which puts the state 42nd of 51, a bottom-ten position, 2.64 ¢ under the U.S. Nine years moved the Oregon commercial price +14.9% (+1.6% a year), behind the U.S. by 4.9 points. The sharpest year was 2023 at +6.1%; the peak came in 2024.

The latest Oregon year moved +1.9%, so prices are still climbing. The Oregon residential price of 14.70 ¢ sits 4.59 ¢ above. A Oregon commercial account uses 8,307 kWh a month; priced at 10.11 ¢ that is about $840, and the sector buys 41.3% of Oregon's power.

Counting revenue instead of kWh, Oregon commercial accounts bring in 37.6% of Oregon sector revenue on 41.3% of the kWh, a discount of 3.7 points that comes from the price level: 10.11 ¢ here against 14.70 ¢ for residential and 8.05 ¢ for industrial accounts. The average Oregon commercial account uses 8,307 kWh a month, 7 of 51 among states on that measure; a residential account uses 0.11 times as much and an industrial account 5.74 times. Commercial accounts are 11.55% of the 2,142,040 accounts in Oregon.