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Active CSC2 Commercial Specialty Contractors Level 2 4.3 (8)

NEW WAY Electric Inc - Springfield, Oregon

Oregon CCB license #51088 - NEW WAY Electric Inc - Springfield, Oregon. License status: Active. Valid through June 27, 2027.

Springfield, Lane County  ·  RMI: Rick Dean Paslay  ·  CCB since 1986  ·  39 yrs

#51088
CCB License
$25K
Bond
$1M
Insurance
39 years of continuous CCB licensing - one of the longer active track records in Oregon's contractor database.

CCB Lookup Trust Score

98
/ 100
Excellent CCB Lookup Trust Score
✓ Licensed ✓ Bonded ✓ Insured ✓ Google verified ✓ BCD licensed
Positive factors
  • Active CCB license +40 pts
  • 10+ years active (39 yrs) +12 pts
  • Surety bond current +8 pts
  • Bond above legal minimum +4 pts
  • Liability insurance current +8 pts
  • Insurance above legal minimum +5 pts
  • Responsible Managing Individual identified +3 pts
  • Phone number on record +2 pts
  • Google Business Profile verified +5 pts
  • Business operational on Google +3 pts
  • 8 Google reviews +2 pts
  • 4.3★ Google rating (4.0+) +3 pts
  • Oregon BCD license active (Electrical Contractor) +5 pts
  • BCD license matches contractor specialty (Electrical Contractor) +3 pts
Risk factors
  • PO Box address -5 pts
    A contractor without a physical address is harder to locate if a dispute arises.
Score calculated from Oregon CCB license data and Google Business Profile. How is this score calculated? →

Industrial & Commercial Electrical Contractor Serving Oregon Since 1986

New Way Electric is a full-service electrical contractor established in Eugene and serving industrial, commercial, and multifamily customers throughout Oregon. The company has over 40 years of experience delivering electrical design and installation projects of all sizes.

Services:

  • Electrical design/build projects
  • Lighting design and emergency lighting systems
  • Electrical controls and distribution
  • Energy conservation solutions
  • Pre-construction estimating and cost analysis

New Way Electric serves customers statewide with CAD-based design and competitive estimating. Learn more at newwayelectric.com.

CCB #51088 - licensed, bonded and insured under Oregon law.

Oregon CCB License #51088 - NEW WAY Electric Inc

Oregon CCB license #51088 is currently Active - registered since June 1986 and valid through June 27, 2027.

CCB License Number
#51088
License Status
Active
License Type
CSC2 Commercial Specialty Contractor Level 2 · exp. 06/2027
RLC Residential Limited Contractor · exp. 06/2027
First Registered
June 27, 1986
License Expires
June 27, 2027
County
Responsible Managing Individual
Rick Dean Paslay

Oregon BCD Licensed - Electrical

A CCB license confirms this contractor is authorized to act as a general or specialty contractor in Oregon. A separate BCD electrical license confirms the specific technical training required to safely perform electrical work to Oregon's electrical code - a credential the CCB license alone does not verify.

One of 1955 active Electrical professionals registered in Lane County, per the Oregon BCD.

  • C Electrical Contractor · Electrical
    BCD License #20-145C · Eugene, OR
    Active exp. Jul 2026
    This BCD license expires within 6 days. BCD data syncs monthly and may not reflect a recent renewal - verify directly with the Oregon BCD →

Data sourced from the Oregon Building Codes Division .

Contact & Address

Address
Po Box 123
Springfield, OR 97477
Business Hours Verified open
MON
8:00 AM – 5:00 PM
TUE
8:00 AM – 5:00 PM
WED
8:00 AM – 5:00 PM
THU
8:00 AM – 5:00 PM
FRI
8:00 AM – 5:00 PM
SAT
Closed
SUN
Closed

Bond & Insurance

The bond and insurance protect you in different situations - learn what each one covers →

Surety Bond

$25K
CBIC
Expires: June 27, 2027
One of 100+ surety companies active in Oregon's CCB database - bond market study →

Liability Insurance

$1M
CONTINENTAL WESTERN INS CO
Expires: December 31, 2026
One of 450+ insurers covering Oregon CCB contractors - insurance market study →

Oregon contractor bond and liability insurance requirements vary by license type, project scope, and risk exposure. Homeowners comparing contractors often review bond coverage limits, insurer reputation, and active policy status before signing a construction contract.

Workers' Compensation Insurance

Insurer
SAIF CORPORATION
Coverage status
Active
Coverage through
October 01, 2026
Employees
11-49
Industry (NAICS)
ELECTRICAL CONTRACTORS AND OTHER WIRING INSTALLATION CONTRACTORS

Source: Oregon DCBS Workers' Compensation Employer Database. Contractors not listed may be exempt as sole proprietors without employees.

Before hiring NEW WAY Electric Inc: Request a Certificate of Insurance (COI) confirming the general liability insurance is active, lists NEW WAY Electric Inc as the named insured, and that coverage dates extend through your planned project dates. Verify the surety bond is also current - both protect you against different risks. For complaint history and disciplinary records, visit search.ccb.state.or.us →

NEW WAY Electric Inc Reviews

4.3 (8 customer reviews)

Based on 8 Google reviews, this contractor has an average rating of 4.3 out of 5 stars.

Bryan M
Bryan M
10 years ago

Outstanding and reputable company whose name spreads with word of mouth more so than in your face advertising. The employees are professional and honest. They communicate well. They do the difficult tasks and no job is too big. Check them out. Get them involved in what you need done.

Jay Eads
Jay Eads
4 years ago

The very best electricians. It's been probably 20 years that I have worked with New Way, and not once have I ever been disappointed.

Shayla Leininger
Shayla Leininger
3 years ago

Called to ask a few questions about services they offered and the receptionist was pretty rude and entirely unhelpful.

Before You Hire

  • Confirm the license is Active and hasn't expired.
  • Check that bond and insurance are current - dates are listed above. Bond and insurance cover different risks →
  • Confirm the RMI (Responsible Managing Individual) will be on-site.
  • Always get a written contract referencing CCB license #51088.
  • Cross-verify with the official CCB database - data here may have a delay.
  • CCB Lookup does not include complaint or disciplinary history. For complaint records, check the official CCB search →
Full Verification Guide

Protect your home improvement project

Surety bond protection

Oregon's surety bond covers incomplete or defective work up to the bond limit. File a claim with the Oregon CCB within 2 years of project completion. How to file a bond claim →

General liability insurance

General liability covers property damage and bodily injury during the project. Ask for a COI (Certificate of Insurance) listing your address as an additional insured location.

Written contract required

Oregon law requires a written contract for residential projects over $2,000. It must include the CCB number, scope of work, and payment schedule. Contract requirements →

Workers' compensation coverage

Contractors with employees in Oregon are required to carry workers' compensation insurance. If a worker is injured on your property without coverage, you may bear liability. Verify coverage status before work begins.

Homeowners typically compare multiple licensed contractors before starting a project.

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Before you hire

Verify this contractor carries active general liability insurance and a current surety bond. Request a Certificate of Insurance (COI) listing your property before any work begins. Oregon contractors must maintain minimum coverage - an Active license does not guarantee current insurance.

Compare contractor quotes

Before hiring, get 2–3 written estimates from licensed Oregon contractors. Compare Commercial Specialty Contractors Level 2s in Springfield to ensure competitive pricing.

Find Commercial Specialty Contractors Level 2 nearby

Verify on CCB.oregon.gov

Always confirm directly with the Oregon CCB before signing a contract. Official data is updated in real time.

Official CCB Record

Quick Summary

  • Status Active
  • License # #51088
  • Type CSC2
  • County Lane
  • RMI Rick Dean Paslay
  • Bond $25K
  • Insurance $1M
  • Lic. expires June 27, 2027
  • Bond expires June 27, 2027
  • Ins. expires December 31, 2026
  • Google rating 4.3 / 5
  • Employees 11-49
  • Industry ELECTRICAL CONTRACTORS AND OTHER WIRING INSTALLATION CONTRACTORS
  • Last updated May 11, 2026
  • Synced June 24, 2026

Last updated = last detected change in CCB records. Synced = last fetch from the Oregon CCB Open Data Portal. Data may lag up to 24h.

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Are you NEW WAY Electric Inc?

If any information on this profile is incorrect, here's how to fix it: CCB data (license status, bond, insurance, address) - update it directly with the Oregon CCB and CCB Lookup will sync it automatically within 24 hours. Description or other details - contact us and we'll review it within 5 business days.

Record first imported: February 23, 2026  ·  Last data change detected: May 11, 2026  ·  Synced with CCB Open Data: June 24, 2026. Always verify at CCB.oregon.gov before hiring.