Homer Electric Association

Electricity Rates, Plans & Statistics

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Homer Electric Association Rate & Electric Bills

Homer Electric Association residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.318/kWh$0.224/kWh$185.36/mo.$99.20/mo.
2928th28.21¢Homer Electric Association's Average residential price per kWh
2454th$143.09Average monthly electricity bill for Homer Electric Association's residential customers

About Homer Electric Association

Homer Electric Association is an electric cooperative located in Kenai, Alaska and supplying power to customers in 5 cities in Alaska including cities like Kalifornsky CDP, Kenai, Sterling CDP, Homer, and Nikiski CDP. Homer Electric Association's customers are charged an average residential electricity rate of 28.21 cents per kilowatt hour. Sadly for their customers, this rate is more than both the Alaska and the nationwide average rates of 21.96 and 13.67 cents per kilowatt hour, respectively. In 2020 the company sold 502,076 megawatt hours to other companies in the wholesale market. Power production plants owned by Homer Electric Association produced 443,481 megawatt hours and an additional 529,194 megawatt hours were acquired on the wholesale market. In 2020, they made a total of $170,709,100 from business activities relating to the sale and transfer of electricity. They had 38.90% of their revenue come from wholesale electricity sales and 60.42% from retail sales to end users.

The nationwide average monthly residential electric bill is $120.98, while the Homer Electric Association average is 18.28% higher at $143.09 per month. Homer Electric Association is the 2454th ranked provider in the US for average monthly bill total. With 433,484 megawatt hours produced from non-renewable fuel sources, Homer Electric Association is the 4th largest generator of megawatt hours from non-renewable sources out of 53 suppliers in Alaska Homer Electric Association produces 433,484 megawatt hours from their production plants, which ranks them as the 291st largest producer of electricity out of 3510 suppliers in the United States. By total customers, Homer Electric Association is the 4th largest provider out of 53 providers in the state.

Homer Electric Association Net Metering

Customers of Homer Electric Association can take advantage of net metering offerings, which is a positive for both parties. This is a positive for any customer considering purchasing personal solar panels, as net metering allows them to sell their unused wattage back to the grid.

Energy Loss

Energy loss is part of the process when dealing with electricity transmission. Homer Electric Association currently averages a loss of around 6.48% of the electricity they transmit. Homer Electric Association's energy loss levels place them at of 11th best out of the 53 providers that operate in Alaska and report energy loss and 1223rd best out of 3510 in the US.

Homer Electric Association Overview

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Quick Facts About Homer Electric Association

Homer Electric Association's electricity generation plants produce 433,260 megawatt hours from the use of natural gas.

Energy Loss

Homer Electric Association's energy loss due to business operations.

-6.48%

Total Energy Loss

31,530MWh

1223 National Rank

Homer Electric Association Energy Makeup

Homer Electric Association Coverage Map

Coverage Map Placeholder

Homer Electric Association State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Alaska33,077104,107,2914100%

Homer Electric Association County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Kenai Peninsula Borough58,799233.74$136.40/mo

Power Plants Owned by Homer Electric Association

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Nikiski CDP AK Natural Gas 399,354189,294,468.3474
Sterling CDP AK Natural Gas 33,12117,552,937.78529.96
Nikiski CDP AK Natural Gas 7852,352,892.642,997.32
Seldovia AK Distillate Fuel Oil 224152,240.57679.65

Homer Electric Association Fuel Makeup

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
99.95%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.05%

Cities Homer Electric Association Has Coverage

  • Homer, AK
  • Kachemak, AK
  • Kenai, AK
  • Seldovia, AK
  • Soldotna, AK

* City coverage generated based on government data. Always verify you can get service from the provider.

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Homer Electric Association FAQ:

What is the average bundled electricity rate for Homer Electric Association customers?

The average bundled rate of electricity for customers of Homer Electric Association is 28.21 cents per kilowatt hour (¢/kWh).

Who is the CEO of Homer Electric Association?

Brad Janorschke is the CEO of Homer Electric Association.

How much is the average bundled bill for Homer Electric Association customers each month?

Customers of Homer Electric Association pay, on average, a monthly bundled bill of $143.09.

How many power plants are owned by or associated with Homer Electric Association?

Homer Electric Association owns or is associated with 4 power plants.

Does Homer Electric Association have any subsidiary companies?

Homer Electric Association is a parent company of Alaska Electric and Energy Cooperative.

What percentage of Homer Electric Association's electricity is generated using renewable fuel types?

Electric facilities owned by or associated with Homer Electric Association produce 0% of their electricity from renewable fuel types.

What is the phone number for Homer Electric Association?

You can reach Homer Electric Association by phone via (800) 478-8551.

What cities does Homer Electric Association offer service in?

Homer Electric Association has customers in 5 cities.

What percentage of Homer Electric Association's electricity is produced using nonrenewable fuels?

Homer Electric Association produces 100.00% of their electricity from nonrenewable fuel types.

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-01