Will your rates rise?

Most Oregonians will pay 50% more for electricity than they did just five years ago following rate increases from the state’s largest electric utilities. However, the Lane Electric Cooperative hasn’t announced any rate increases for 2025. The utility’s most recent adjustment was a $5.50 increase to the Basic Charge, implemented in January 2024.

The cooperative is currently in the midst of budget planning for 2025 and intends to share more information in the coming months. Town hall meetings are scheduled for January and February, where further details about future projects and potential rate changes may be discussed.

Starting in February 2025, residential electric rates for EWEB (Eugene Water & Electric Board) will rise by 7.7%, with an additional 4% increase projected for October 2025 ,. The increases are based on anticipated rate adjustments from the Bonneville Power Administration (BPA).

Lane Electric Cooperative (a member-owned utility) and EWEB (a consumer-owned utility) are not regulated by the Oregon Public Utility Commission (PUC).

Other consumers around the state will by affected by the decisions of the Oregon Citizens’ Utility Board, or CUB, which has proposed a 7% to 10% yearly limit on rate increases for both Pacific Gas & Electric and Pacific Power. If the PUC decides to adopt the cap, PG&E’s planned 10.9% increase and Pacific Power’s planned 14.9% increase for January would have to be lowered.

Both rate increases will take effect Jan. 1 and bring overall rates for residential customers of both utilities up about 50% since 2020, more than twice the rate of inflation during that same period.