Oregon residential electricity rates

Analyst note

The Oregon residential price sat above the U.S. average in 0 of 10 years; the gap was -1.99 ¢ in 2015 and -1.78 ¢ in 2024. In the 2024 ranking Oregon sits between Indiana (14.77 ¢) one place above and Virginia (14.41 ¢) one place below; the top of the list is 28.16 ¢ away and the bottom 3.19 ¢. Oregon was 41st in 2015 with 10.66 ¢ and is 28th now; a rise in the table. Oregon residential prices rose in 7 of 9 years. The largest rise was +15.5% in 2024, and the largest fall +0.0% in 2016. The Oregon price peaked at 14.70 ¢ in 2024 and bottomed at 10.66 ¢ in 2015; 2024 is the peak and +37.9% from the low. Compounded, that is +3.64% a year in Oregon, +0.65 points against the U.S. Oregon buys 1.33% of all U.S. residential electricity with 1.30% of the accounts, so the average Oregon account uses 1.02 times the national average.

A middle price: 14.70 ¢/kWh for Oregon residential accounts, rank 28 of 51, -10.8% against the U.S. Oregon: +37.9% over nine years, or +3.6% a year, beating the national +30.3% by 7.6 points; 2024 was the biggest single move (+15.5%) and 2024 the high.

Last year's change in Oregon was +15.5% and still rising. Against the commercial price of 10.11 ¢ the gap is 4.59 ¢. Residential sales are 33.1% of Oregon electricity sold, and an average Oregon account used 882 kWh a month, an implied bill near $130.

Counting revenue instead of kWh, Oregon residential accounts bring in 43.9% of Oregon sector revenue on 33.1% of the kWh, a premium of 10.7 points that comes from the price level: 14.70 ¢ here against 10.11 ¢ for commercial and 8.05 ¢ for industrial accounts. The average Oregon residential account uses 882 kWh a month, 26 of 51 among states on that measure; a commercial account uses 9.42 times as much and a industrial account 54.07 times. Residential accounts are 87.21% of the 2,142,040 accounts in Oregon.