Electricity Rates in Alaska

Electricity Rates, Plans & Statistics

Electricity Companies & Statistics in Alaska

Population
732,673
Total Production
6,430,788 MWh / 8.78 MWh per capita
Total Consumption
5,996,490 MWh / 8.18 MWh per capita
Total Production from Renewable
2,036,125 MWh / 2.78 MWh per capita
CO₂ Emissions from Consumption
2,599,952,720 kg / 3,548.59 kg per capita
Total Production from Non-Renewable
4,397,292 MWh / 6 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 November.

Historical Electricity Rates:

44^th22.99¢Average residential price per kWh in the state of Alaska

27^th$132.58Average 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 2022 and 2021 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 2021 will be finalized in the fall of 2022. Until that time, some data may be incomplete. Data for 2022 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 2023 currently averages 22.99 cents per kilowatt hour while the national average price is 15.34 cents. Alaska ranks as the 44th 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. The state produces 6,430,788 megawatt hours from its power plants, which is the 49th highest total generation for a state in the US. Citizens in the state consume, on average, 8.18 megawatt hours of electricity each, which is the 43rd largest amount of electricity use per capita in the country. The state is ranked 18th in the country for percentage of electricity produced from renewable fuel sources, creating 31.66% of their electricity from these renewable sources. The state is the 49th largest state in the US, with a population of 732,673.

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	20.01	101.12	586,933	117,418,620	1,953,710
Matanuska Electric Association	BUNDLED	22.05	131.9	448,622	98,919,560	701,931
Golden Valley Electric	BUNDLED	27.62	168.42	294,868	81,447,051	887,140
Homer Electric Association	BUNDLED	28.58	141.25	172,150	49,195,016	433,484
Alaska Electric Light & Power Company	BUNDLED	12.31	108.43	160,320	19,736,311	142,120
KPU Ketchikan	BUNDLED	11.77	115.71	77,211	9,085,153	96,610
Alaska Village Electric Cooperative	BUNDLED	54.78	259.03	44,252	24,239,426	117,602
City of Sitka Utilities	BUNDLED	18.24	179.67	43,125.71	7,865,256.82	118,593
Kodiak Electric Association Inc	BUNDLED	17.52	111.23	37,602	6,589,000	157,575
Alaska Power and Telephone	BUNDLED	37.50	147.15	26,518	9,943,514	71,312.5

Commercial Electricity Providers in Alaska

Provider	Service Type	Commercial Rate (¢)	Commercial Average Bill ($)	Commercial Sales (MWh)	Commercial Revenues ($)	State Production (MWh)
Chugach Electric	BUNDLED	15.82	991.93	1,228,849	194,375,422	1,953,710
Matanuska Electric Association	BUNDLED	19.00	740.26	314,462	59,752,049	701,931
Homer Electric Association	BUNDLED	25.08	762.43	160,938	40,356,735	433,484
Alaska Electric Light & Power Company	BUNDLED	10.43	446.41	124,581	12,995,487	142,120
Golden Valley Electric	BUNDLED	26.87	393.46	120,205	32,299,742	887,140
Alaska Village Electric Cooperative	BUNDLED	46.81	844.33	81,049	37,937,519	117,602
KPU Ketchikan	BUNDLED	11.38	516.38	74,498	8,477,914	96,610
Copper Valley Electric	BUNDLED	25.09	1,788.57	71,862.98	18,028,781.99	96,412
TDX Power	BUNDLED	24.50	4,769.44	47,738.64	11,694,665.72	52,183
Alaska Power and Telephone	BUNDLED	29.71	435.93	46,924	13,942,508	71,312.5

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	1,041,694	428,358,367.64	411.21
George M Sullivan Generation Plant 2Chugach Electric (100.00%)	Anchorage municipality	Natural Gas	761,372	314,575,389.38	413.17
Eklutna Generation StationMatanuska Electric Association (100.00%)	Anchorage municipality	Natural Gas	678,552	311,891,083.98	459.64
North PoleGolden Valley Electric (100.00%)	North Pole	Waste/other Oil	429,123	270,357,544.89	630.02
Nikiski Combined CycleHomer Electric Association (100.00%)	Nikiski CDP	Natural Gas	399,354	189,294,468.3	474
HealyGolden Valley Electric (100.00%)	Healy CDP	Coal	392,466	516,911,601.73	1,317.09
Bradley LakeAlaska Energy Authority (100.00%)	Kenai Peninsula Borough	Conventional Hydroelectric	391,018
SnettishamAlaska Industrial Dev&Exp Auth (100.00%)	Juneau	Conventional Hydroelectric	289,785
Aurora Energy LLC ChenaAurora Energy LLC (100.00%)	Fairbanks	Coal	177,115	216,935,911.8	1,224.83
Eklutna Hydro ProjectMatanuska Electric Association (16.70%)Chugach Electric (83.30%)	Knik River CDP	Conventional Hydroelectric	139,994

Quick Facts

By megawatt hours sold, the largest provider in the state of Alaska is Chugach Electric.

The 4,397,291.84 megawatt hours of electricity produced by non-renewable energy puts Alaska at 47th worst in the country in non-renewable energy generation.

Alaska has benefited from a 2.70% decline in CO2 emissions due to electricity use over the most recent year.

With 732,673 citizens within its borders and 6,430,788 megawatt hours produced a year, Alaska had a megawatt hour per capita production of 8.78 megawatt hours. This is the 40th largest megawatt hour per capita amount in the US.

Alaska has experienced a 7.39% rise in the use of renewable fuels for electricity generation over the past 12 months.

Natural gas accounts for 42.88% of the electricity generation in Alaska, resulting in a ranking of 43rd countrywide for natural gas production.

County	Population	Providers	Plants	Residential Rate (¢)	Residential Avg. Electric Bill
Aleutians East Borough	3,409	4	2	38.57	$157.83/mo
Aleutians West Census Area	5,251	3	4	37.95	$147.53/mo
Anchorage Municipality	292,545	3	7	28.08	$124.27/mo
Bethel Census Area	18,514	11	6	60.19	$211.31/mo
Bristol Bay Borough	849	2	1	37.50	$147.15/mo
Chugach Census Area	7,015	5	9	32.62	$137.14/mo
Copper River Census Area	2,635	4		33.61	$139.03/mo
Denali Borough	2,187	2	2	36.79	$148.68/mo
Dillingham Census Area	4,899	4	3	46.77	$204.59/mo
Fairbanks North Star Borough	97,149	3	7	52.63	$210.17/mo
Haines Borough	2,098	2	1	50.49	$182.31/mo
Hoonah-Angoon Census Area	2,327	3	3	38.31	$146.40/mo
Juneau City and Borough	32,240	3	7	24.56	$127.26/mo
Kenai Peninsula Borough	58,711	3	9	36.99	$146.81/mo
Ketchikan Gateway Borough	13,939	2	4	24.68	$131.48/mo
Kodiak Island Borough	13,218	5	7	36.59	$172.91/mo
Kusilvak Census Area	8,354	2	10	46.11	$202.90/mo
Lake and Peninsula Borough	986	8	1	37.65	$147.55/mo
Matanuska-Susitna Borough	106,807	2	1	35.73	$145.40/mo
Nome Census Area	10,070	5	9	46.18	$203.38/mo
North Slope Borough	10,865	4	9	50.46	$139.61/mo
Northwest Arctic Borough	7,776	4	8	46.14	$203.15/mo
Petersburg Borough	3,368	2	2	35.43	$146.29/mo
Prince of Wales-Hyder Census Area	5,886	2	11	36.50	$146.47/mo
Sitka City and Borough	8,518	2	3	27.47	$164.08/mo
Skagway Municipality	1,329	3	2	42.05	$153.81/mo
Southeast Fairbanks Census Area	6,849	2	5	36.77	$148.72/mo
Wrangell City and Borough	2,162	3	2	50.78	$183.41/mo
Yakutat City and Borough	562	2	1	45.96	$201.97/mo
Yukon-Koyukuk Census Area	5,433	9	3	65.07	$169.00/mo

Alaska is home to 145 electricity producing plants, which is the 24th 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 42.88% (or 2,757,674.15 megawatt hours) of the fuel types used for electricity generation in the state. Secondary fuels used during electricity generation include Conventional Hydroelectric at 28.79% and Coal at 11.49% of generation. Alaska residents average 3,548.59 kilograms of CO2 emissions per resident from electricity consumption. This comes to a total pollution amount from electricity use of 2,599,952,720.49 kilograms of CO2 emissions.

NATURAL GAS

42.88%

CONVENTIONAL HYDROELECTRIC

28.79%

COAL

11.49%

DISTILLATE FUEL OIL

8.14%

WASTE/OTHER OIL

5.87%

OTHER

2.88%

Of the 54 electricity suppliers in Alaska, 8 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 4.56%. This includes data from 10 companies, including Chugach Electric, Matanuska Electric Association, and Golden Valley Electric. With a United States average of 2.45%, 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 42.88% of the fuel used in the state. The second and third most used fuel types are Conventional Hydroelectric and Coal, which account for 28.79% and 11.49% 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 2023 is 22.99 cents.

What is the average electric bill in Alaska?

The Alaska average electricity bill is $133 so far in 2023.

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	Petersburg Power Plant	10.02	2,259
2	KPU Ketchikan	11.77	7,925
3	Wrangell, Alaska Electric Utility	12.25	2,017
4	Alaska Electric Light & Power Company	12.31	17,713
5	Metlakatla Power & Light	12.96	948
6	North Slope Borough Power & Light	16.94	1,241
7	Barrow Utilities & Electric Cooperative	17.24	2,034
8	Kodiak Electric Association Inc	17.52	6,148
9	City of Sitka Utilities	18.24	5,590
10	Chugach Electric	20.01	113,101

What power companies offer service in Alaska?

State Customers Rank	Provider	State Customers
1	Chugach Electric	113,101
2	Matanuska Electric Association	69,221
3	Golden Valley Electric	47,697
4	Homer Electric Association	33,458
5	Alaska Electric Light & Power Company	17,713
6	Alaska Village Electric Cooperative	11,542
7	Alaska Power and Telephone	8,296
8	KPU Ketchikan	7,925
9	Kodiak Electric Association Inc	6,148
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 145 active power plants generating electricity for the state.

Last Reviewed By: Ginalyn Gelera

Published: 2022-09-13