UtilitiesCompanies located in Greater Portland for generations have greatly benefitted from the strategic advantage of our plentiful and reliable utilities, a critical foundation for company growth. The region's abundant water supply powers a low-cost power grid and addresses Greater Portland's high demand for clean energy sources.
OR - WA Comparative Electricity Rates
Low RatesThe Greater Portland region is strategically located at the convergence of the Columbia River and the Willamette River, giving customers direct access to the largest hydroelectric power supply in the country. The region's abundant hydroelectric power contributes to below-average industrial electricity prices in Oregon and Washington.
Greater Portland offers an inherent existing strategic advantage to companies looking ahead and considering future carbon cap and trade policies that may emerge in response to climate change considerations. In 2013, over 40 percent of Greater Portland's net electricity generation came from conventional hydroelectric power plants and renewable energy sources. This is remarkable in comparison to the national average of 11.7 percent.
Portland General Electric (PGE) has been a key partner in sustaining the growth and meeting the demanding reliability needs of Greater Portland’s world-class computer and electronics industry. Because uninterrupted service is critical to a company’s profitability, PGE has located several Reliability Centers across the region. PGE's robust system provides 99.983 percent reliability, the highest reliability rating in the nation.
Companies are rapidly moving the issue of water scarcity from the sustainability agenda to a key business risk consideration. As shown in this map, locating a business in the Greater Portland region alleviates the risk of having a limited water supply.