Portland General Electric

About Portland General Electric

Portland General Electric is an investor owned company. The largest city serviced by the provider is Portland, but the company also supplies electricity to 53 cities in Oregon. The provider has a total of 932,161 customers. There are 4,201 industrial customer accounts, 108,389 commercial customers, one transportation account and 819,570 residential customers. On average, Portland General Electric charges their customers a residential electricity price of 16.24 cents per kilowatt hour, which is 20.22% above the average Oregon price of 13.50 cents and 3.02% above the nationwide average of 15.76. The company sold 6,745,270 megawatt hours in 2022 by way of wholesale channels. The electricity produced in the company's power plants made up 13,180,945 of the megawatt hours sourced by the company. The purchase of wholesale electricity made up an additional 13,709,510. Their revenue for 2022 from electricity activities was $2,702,424,000, with 15.96% coming from sales to the wholesale electricity market.

The United States average monthly residential power bill is $135.34, while the Portland General Electric average is 4.93% below at $128.67 per month. This is the 1685th lowest average monthly bill amount for a provider in the United States. The provider's customers are faced with an average of 0.64 electrical outages per consumer a year. These outages last on average of 117 minutes, while the national average is 1.45 outages per customer and 171.11 minutes each outage. The supplier ranks 41st in the US out of 3526 suppliers for total megawatt hours produced from wind turbines. Of the 3526 electricity providers in the US that we track, Portland General Electric ranks as the 224th largest generator of megawatt hours from solar energy sources.