ReferencePrices by equipment class

Substation or power transformer, per unit: what public buyers paid, median $2,132,514 per unit

Substation or power transformer, per unit: what does it cost?

In short. Public buyers paid a median $2,132,514 per unit (6 awards, March 2024 to August 2026, 34.5 to 99 kV class (69 kV typical), per unit) for Substation or power transformer, per unit, with the middle half of awards between $1,931,467 and $2,897,924. Open Factory's Public Bid-Tab Price Book publishes one band for this class as of September 1, 2026.

Facts

Equipment classSubstation or power transformer, per unit
Unit$/unit
Largest band34.5 to 99 kV class (69 kV typical), per unit: $1,931,467 / $2,132,514 / $2,897,924 per unit (p25 / median / p75), 6 awards from 5 buyers
Specs covered34.5 to 99 kV class; 100 to 199 kV class; 200 kV class and up; HV class unstated
Published lead time128 weeks (Wood Mackenzie T&D supply chain note, Oct 15 2025 (as reported))
HTS line and duty8504.23.00, 40% from China, 13.4% from Mexico, 15% from EU, 13.4% from Korea all-in
Publication floor5 awards per band; bands under the floor are Institutional
Data as ofSeptember 1, 2026

Published bands for Substation or power transformer, per unit, $/unit, US awards

BandWindowp25Medianp75AwardsBuyersFromTo
34.5 to 99 kV class (69 kV typical), per unitrecent$1,931,467$2,132,514$2,897,924652024-03-052026-08-10

Questions

Substation or power transformer, per unit: what does it cost?

A median $2,132,514 per unit (6 awards, March 2024 to August 2026, 34.5 to 99 kV class (69 kV typical), per unit); the middle half of awards fell between $1,931,467 and $2,897,924.

Where do these prices come from?

Public bid tabulations and award notices from US public buyers (municipal utilities, cooperatives, school districts, state agencies), each with its document URL. They are what buyers paid, not list prices or quotes.

Why quartiles and not an average?

Awards vary by spec, voltage and quantity; the p25 to p75 band shows where the middle half of comparable awards landed and keeps one large order from moving the figure.

Substation or power transformer, per unit: how long is the lead time?

128 weeks, per Wood Mackenzie T&D supply chain note, Oct 15 2025 (as reported).

Sources

  1. Open Factory Public Bid-Tab Price Book
  2. Bid-Tab Price Book launch piece, with the award documents

Data as of September 1, 2026. This page is rebuilt from the same table the Quote Check, the API and the MCP server read, so the figures cannot differ. Also available as plain markdown. Cite as Open Factory, Substation or power transformer, per unit: what public buyers paid, median $2,132,514 per unit, September 1, 2026.