Electricity Rates in Alaska

Electricity Rates, Plans & Statistics

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Electricity Companies & Statistics in Alaska

Population
733,583
Total Production
6,618,180 MWh / 9.02 MWh per capita
Total Consumption
6,005,181 MWh / 8.19 MWh per capita
Total Production from Renewable
1,522,521 MWh / 2.08 MWh per capita
CO₂ Emissions from Consumption
2,878,281,522 kg / 3,923.59 kg per capita
Total Production from Non-Renewable
5,098,077 MWh / 6.95 MWh per capita

Average Residential Electricity Bills & Rates in Alaska

Alaska residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

45^th24.13¢Average residential price per kWh in the state of Alaska

30^th$138.03Average residential monthly electricity bill for Alaska Residents

Alaska Electricity Fuel Mix

MonthlyWe report production data as it is published. Due to reporting methods and timing, data from 2023 and 2022 may be incomplete. Data is released in full each fall for the previous calendar year. For clarification on any data points, please contact our team.

AnnualAnnual data for 2022 will be finalized in the fall of 2023. Until that time, some data may be incomplete. Data for 2023 is a summation of all information released to date, which may only represent a portion of the actual production that has occurred. For clarification on any data points, please contact our team.

Alaska's Electricity Prices and Usage

The Alaska residential electricity rate in 2024 currently averages 24.13 cents per kilowatt hour while the national average price is 16.01 cents. Alaska ranks as the 45th lowest priced state in the United States based on average electric rate. Consumers in the state don't have much choice in their electricity company due to the fact that Alaska has a regulated electricity market based on the resident's home address. With annual production of 6,618,180.36 megawatt hours, Alaska is the 49th largest generator of electricity in the country. In the state of Alaska, the usage of renewable fuels for electricity production has dropped by 17.86% within the past 12 months, a worrisome trend. As the 32nd highest polluting state based on emissions per capita from electricity consumption, Alaska citizens create emissions of 3,923.59 kilograms of CO2 emissions each. The state has seen a 6544.48% increase in electricity produced from solar fields in the last year.

Natural Gas in Alaska

Residential Electricity Providers in Alaska

Provider	Service Type	Residential Rate (¢)	Residential Average Bill ($)	Residential Sales (MWh)	Residential Revenues ($)	State Production (MWh)
Chugach Electric	BUNDLED	21.00	107.17	593,447.83	124,629,025	2,256,449.02
Matanuska Electric Association	BUNDLED	22.19	134.93	461,948.25	102,508,509	559,503.98
Golden Valley Electric	BUNDLED	31.05	173	270,645.46	84,030,087	875,815
Homer Electric Association	BUNDLED	29.20	143.2	172,885.14	50,484,399	448,512
Alaska Electric Light & Power Company	BUNDLED	12.73	111.23	160,350.65	20,419,859	144,703
KPU Ketchikan	BUNDLED	11.92	115.58	76,335.78	9,095,895	84,081
Alaska Village Electric Cooperative	BUNDLED	64.86	312.17	44,561.6	28,900,700	118,201
City of Sitka Utilities	BUNDLED	18.75	189.16	44,159.94	8,280,464.42	120,375
Kodiak Electric Association Inc	BUNDLED	17.52	120.35	39,956	6,999,000	160,149
Alaska Power and Telephone	BUNDLED	38.11	152.09	27,245.34	10,382,727	74,030

Commercial Electricity Providers in Alaska

Provider	Service Type	Commercial Rate (¢)	Commercial Average Bill ($)	Commercial Sales (MWh)	Commercial Revenues ($)	State Production (MWh)
Chugach Electric	BUNDLED	16.61	1,054.32	1,245,499.53	206,861,169	2,256,449.02
Matanuska Electric Association	BUNDLED	19.13	745.33	317,683.42	60,774,835	559,503.98
Homer Electric Association	BUNDLED	25.70	775.41	159,472.73	40,984,465	448,512
Alaska Electric Light & Power Company	BUNDLED	10.72	451.56	124,119.41	13,303,721	144,703
Golden Valley Electric	BUNDLED	28.62	406.19	117,307.28	33,568,116	875,815
Alaska Village Electric Cooperative	BUNDLED	54.66	982.59	81,653.39	44,632,000	118,201
KPU Ketchikan	BUNDLED	11.37	526.24	76,485.79	8,692,887	84,081
Copper Valley Electric	BUNDLED	28.42	1,926.42	69,144.74	19,649,470.78	93,272
Alaska Power and Telephone	BUNDLED	30.74	469.83	49,282.42	15,150,507	74,030
TDX Power	BUNDLED	26.13	5,351.2	47,996.15	12,543,210.6	52,679

Power Plants in Alaska

Plant	City/County	Primary Fuel Type	Production (MWh)	Emission (KG)	Emissions/MWh (KG/MWh)
Southcentral Power ProjectChugach Electric (100.00%)	Anchorage municipality	Natural Gas	1,151,237	467,069,935.5	405.71
George M Sullivan Generation Plant 2Chugach Electric (100.00%)	Anchorage municipality	Natural Gas	908,598	399,525,457.52	439.72
Eklutna Generation StationMatanuska Electric Association (100.00%)	Anchorage municipality	Natural Gas	531,626	246,300,964.98	463.3
North PoleGolden Valley Electric (100.00%)	North Pole	Waste/other Oil	440,031	287,500,116.13	653.36
Nikiski Combined CycleHomer Electric Association (100.00%)	Nikiski CDP	Natural Gas	432,139	203,030,694.16	469.83
HealyGolden Valley Electric (100.00%)	Healy CDP	Coal	379,307	503,290,923.26	1,326.87
Bradley LakeAlaska Energy Authority (100.00%)	Kenai Peninsula Borough	Conventional Hydroelectric	376,661
SnettishamAlaska Industrial Dev&Exp Auth (100.00%)	Juneau	Conventional Hydroelectric	287,827
Eklutna Hydro ProjectMatanuska Electric Association (16.70%)Chugach Electric (83.30%)	Knik River CDP	Conventional Hydroelectric	166,934
Aurora Energy LLC ChenaAurora Energy LLC (100.00%)	Fairbanks	Coal	149,377	184,318,469.22	1,233.91

Quick Facts

Alaska released 2,878,281,521.65 kilograms of CO2 emissions from electricity production, which is the 48th highest of all states in the United States.

While most states work to inhibit the use of non-renewable fuels, Alaska's burning of these fuel sources for electricity has actually increased by 6.62% in the last 12 months.

As the 49th highest generator of solar energy in the nation, Alaska produces a total of 5,804.02 megawatt hours.

Alaska experienced a 301,066,279.7 kilogram (10.49%) increase in CO2 emissions caused by the use of electricity within the preceding 12 months.

Electricity generation from the use of coal as a fuel totals 716,765.16 megawatt hours, giving Alaska the 38th position in the countrywide rankings.

Alaska is the 47th largest producer of megawatt hours generated using sustainable fuel types.

County	Population	Providers	Plants	Residential Rate (¢)	Residential Avg. Electric Bill
Aleutians East Borough	3,409	4	2	38.97	$160.80/mo
Aleutians West Census Area	5,251	3	4	39.67	$154.93/mo
Anchorage Municipality	287,145	3	7	28.84	$129.59/mo
Bethel Census Area	18,514	11	6	70.34	$234.42/mo
Bristol Bay Borough	849	2	1	38.11	$152.09/mo
Chugach Census Area	7,015	5	9	35.29	$145.25/mo
Copper River Census Area	2,635	4		35.90	$146.56/mo
Denali Borough	2,187	2	2	37.60	$153.59/mo
Dillingham Census Area	4,899	4	3	52.39	$234.36/mo
Fairbanks North Star Borough	95,356	3	7	54.09	$213.27/mo
Haines Borough	2,098	2	1	53.63	$199.06/mo
Hoonah-Angoon Census Area	2,327	3	3	40.51	$154.32/mo
Juneau City and Borough	32,240	3	7	25.07	$131.10/mo
Kenai Peninsula Borough	58,711	3	9	37.60	$151.58/mo
Ketchikan Gateway Borough	13,939	2	4	25.06	$133.90/mo
Kodiak Island Borough	13,218	5	7	40.20	$195.59/mo
Kusilvak Census Area	8,354	2	10	51.44	$231.86/mo
Lake and Peninsula Borough	986	8	1	38.26	$152.49/mo
Matanuska-Susitna Borough	113,325	2	1	36.28	$150.12/mo
Nome Census Area	10,070	5	9	51.56	$232.58/mo
North Slope Borough	10,865	4	9	62.77	$180.03/mo
Northwest Arctic Borough	7,776	4	8	51.50	$232.23/mo
Petersburg Borough	3,368	2	2	36.12	$152.51/mo
Prince of Wales-Hyder Census Area	5,886	2	11	37.09	$151.52/mo
Sitka City and Borough	8,518	2	3	28.03	$171.39/mo
Skagway Municipality	1,329	3	2	45.82	$173.52/mo
Southeast Fairbanks Census Area	6,849	2	5	37.59	$153.63/mo
Wrangell City and Borough	2,162	3	2	54.02	$200.87/mo
Yakutat City and Borough	562	2	1	51.21	$230.53/mo
Yukon-Koyukuk Census Area	5,433	9	3	82.78	$218.06/mo

Alaska is home to 144 electricity producing plants, which is the 25th highest in the country and most when counting plants per person. Power generating facilities in the state most often use Natural Gas, which makes up 52.85% (or 3,497,844.63 megawatt hours) of the fuel types used for electricity generation in the state. Secondary fuels used during electricity generation include Conventional Hydroelectric at 20.35% and Coal at 10.83% of generation. Alaska residents average 3,923.59 kilograms of CO2 emissions per resident from electricity consumption. This comes to a total pollution amount from electricity use of 2,878,281,521.65 kilograms of CO2 emissions.

NATURAL GAS

52.85%

CONVENTIONAL HYDROELECTRIC

20.35%

COAL

10.83%

DISTILLATE FUEL OIL

7.67%

WASTE/OTHER OIL

5.67%

OTHER

2.67%

Of the 54 electricity suppliers in Alaska, 9 of them report that they offer net metering. The state has heavily restricted net metering and feed in tariffs that make solar and other types of electricity generation more affordable.

The average energy loss for electricity companies in Alaska is 4.46%. This includes data from 10 companies, including Chugach Electric, Matanuska Electric Association, and Golden Valley Electric. With a United States average of 2.87%, Alaska is the 43rd best state in the country.

In order to encourage personal solar, all a state needs to do is pass legislation with solar related tax and rebate incentives. Alaska offers a credit that is $1000 or less or there is no state tax. There are currently no state sponsored rebates available to citizens who are installing solar. The state only offers some optional tax exemptions for consumers. Citizens in the state do not have access to a sales tax exemption when purchasing private solar panels.

Whether a consumer is able to easily purchase electricity plans with renewable fuel sources is at least partially determined by statewide initiatives. Renewable Portfolio Standards (RPS) encourage or require electric providers to generate a percentage of their electricity using green fuel types. Unfortunately, Alaska has no standards in place at this time. Furthermore, the state does not have any sort of low income solar programs that help with the installation of solar panels at low income households.

FAQ: Common Questions About Electricity in Alaska

Where does Alaska get its electricity?

The main fuel type used for electricity generation in Alaska is Natural Gas, making up 52.85% of the fuel used in the state. The second and third most used fuel types are Conventional Hydroelectric and Coal, which account for 20.35% and 10.83% of total production respectively.

Does Alaska have a deregulated electricity market?

No, the state has a regulated market, where citizens' electricity supplier choices are often determined by their location or state legislation.

How much does electricity cost in Alaska?

The average rate per kilowatt hour of electricity in Alaska in 2024 is 24.13 cents.

What is the average electric bill in Alaska?

The Alaska average electricity bill is $138 so far in 2024.

How many electric companies offer service in Alaska?

Alaska has 54 electricity companies operating in the area.

What is the cheapest electricity company in Alaska?

Residential Rate Rank	Provider	Residential Rate (¢)	State Customers
1	Wrangell, Alaska Electric Utility	11.46	2,017
2	Petersburg Power Plant	11.73	2,290
3	KPU Ketchikan	11.92	7,949
4	Alaska Electric Light & Power Company	12.73	17,881
5	Metlakatla Power & Light	13.13	979
6	Barrow Utilities & Electric Cooperative	17.25	2,028
7	Kodiak Electric Association Inc	17.52	6,173
8	North Slope Borough Power & Light	17.98	1,248
9	City of Sitka Utilities	18.75	5,590
10	Chugach Electric	21.00	113,261

What power companies offer service in Alaska?

State Customers Rank	Provider	State Customers
1	Chugach Electric	113,261
2	Matanuska Electric Association	70,107
3	Golden Valley Electric	47,935
4	Homer Electric Association	33,805
5	Alaska Electric Light & Power Company	17,881
6	Alaska Village Electric Cooperative	11,500
7	Alaska Power and Telephone	8,376
8	KPU Ketchikan	7,949
9	Kodiak Electric Association Inc	6,173
10	City of Sitka Utilities	5,590

What electricity company is the largest provider in Alaska?

The largest electricity provider in Alaska by megawatt hours sold is Chugach Electric.

How many power plants are in Alaska?

Alaska has 144 active power plants generating electricity for the state.

Last Reviewed By: Ginalyn Gelera

Published: 2023-12-06