Homer Electric Association
Homer Electric Association is an electricity cooperative serving 6 cities throughout Alaska including Kalifornsky CDP, Kenai, Homer, Sterling CDP, and Soldotna. The company recently reported a total of 32,759 total customers, 28,441 of which are residential properties, 4,295 are commercial customers and 23 of which are industrial properties. The residential electricity rate for patrons of Homer Electric Association is, on average, 28.70 cents per kilowatt hour. This is 113.38% above the national average price of 13.45 cents, which ranks the company 3120th lowest for average electricity rate out of 3510 providers in the US. Roughly 437,105 megawatt hours were sold by the company to retail accounts in 2020 and 502,076 megawatt hours were sold to other providers via the wholesale market. The electricity produced in the company’s power plants made up 443,481 of the megawatt hours sourced by the company. The purchase of wholesale electricity made up an additional 529,194. In 2020, the supplier had revenue of $103,146,700 from retail electricity sales to end users and a total of $66,410,100 from sales via wholesale electricity channels.
About Homer Electric Association
The Alaska average monthly residential electric bill is $132.58, while the Homer Electric Association average is 10.52% more at $145.23 per month. Homer Electric Association ranks 23rd in the state for average monthly bill total. Electricity facilities owned or managed by Homer Electric Association generate a total of 443,686 megawatt hours, which is the 5th highest of 294th highest total out of 3510 providers in the United States. Homer Electric Association is the 6th largest provider out of 52 suppliers in Alaska based on total megawatt hours sold. With 443,686 megawatt hours produced from non-renewable fuel types, the provider is the 4th largest generator of megawatt hours from non-renewable fuels out of 52 suppliers in the state
Thankfully, Homer Electric Association allows consumers to take part in net metering. Net metering makes solar panel installation more economically feasible as it gives the ability for people to sell electricity into the grid.
Homer Electric Association recently reported a yearly loss of around 6.48% of the electricity that they produce. Loss of energy due to heat dissipation during electricity transmission and other causes is a reality of operating in the electricity production business and electricity companies are required to report these losses. This percentage of electricity lost results in them receiving a rank of 11th best out of 52 providers who report energy loss in the state.
Homer Electric Association Rate & Electric Bills
Homer Electric Association residential electric rates are highest in January and the highest average bill is in November.
Historical Electric Rates:
Homer Electric Association Overview
- Company Type:Cooperative
- Subsidiary Company:Alaska Electric and Energy Cooperative
- Headquarters:280 Airport Way
Kenai, Alaska 99611
United States of America
Homer Electric Association Contact
- Website:www.homerelectric.com
- Customer Service Phone:(800) 478-8551
- Contact Page:www.homerelectric.com
- Social Media:
Homer Electric Association Service
- Outage Map:outage.homerelectric.com
- Outage Phone:(888) 868-8243
- States Served:
- Alaska
- Counties Served:
- Kenai Peninsula Borough
- Major Cities Served:
- Kalifornsky CDP
- Kenai
- Homer
- Sterling CDP
- Soldotna
- Nikiski CDP
- Seward
- Ridgeway CDP
- Anchor Point CDP
- Fritz Creek CDP
- Table Of Contents:
Quick Facts About Homer Electric Association
Homer Electric Association's generation plants generate 443,566 megawatt hours from the use of natural gas.
Energy Loss
Homer Electric Association's energy loss due to business operations.
Total Energy Loss
31,530MWh
1225 National Rank
Homer Electric Association Energy Makeup
Homer Electric Association Coverage Map
Homer Electric Association State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Alaska | 32,759 | 103,191,404 | 6 | 100% |
Homer Electric Association County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Kenai Peninsula Borough | 58,708 | 2 | 24.85 | $125.47/mo |
Power Plants Owned by Homer Electric Association
| Plant | City/County | State | Primary Fuel Type | Production (MWh) | Emission (kg) | Emissions/MWh | Toxic Chemical Release | Closing Date |
|---|---|---|---|---|---|---|---|---|
Nikiski Combined CycleHomer Electric Association (100.00%) | Kenai | AK | Natural Gas | 404,839 | 190,688,195.32 | 471.02 | ||
| Soldotna | AK | Natural Gas | 35,259 | 18,966,084.76 | 537.91 | |||
Bernice LakeHomer Electric Association (100.00%) | Kenai Peninsula Borough | AK | Natural Gas | 3,468 | 5,060,915.86 | 1,459.32 | ||
| Seldovia | AK | Distillate Fuel Oil | 120 | 108,753.84 | 906.28 |
Homer Electric Association Fuel Makeup
Cities Homer Electric Association Has Coverage
- Homer, AK
- Kachemak, AK
- Kenai, AK
- Seldovia, AK
- Seward, AK
- Soldotna, AK
* City coverage generated based on government data. Always verify you can get service from the provider.
Homer Electric Association Reviews
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Homer Electric Association FAQ:
How much is the average bill for Homer Electric Association customers each month?
Homer Electric Association currently has an average monthly electric bill of $145.23, compared to the Alaska average of $132.58 and the nationwide of $132.58.
What is the average electricity rate for Homer Electric Association customers?
Homer Electric Associations current average electricity rate is 28.70 cents per kilowatt hour (¢/kWh), compared to the average Alaska rate of 22.57 cents and the average national rate of 13.45 cents.
What percentage of Homer Electric Association’s electricity is produced from nonrenewable fuel types?
Electric generation plants owned by or associated with Homer Electric Association generate 100.00% of their electricity from nonrenewable fuel types.
What is the phone number for Homer Electric Association?
You can reach Homer Electric Association by phone via (800) 478-8551.
How many power plants are owned by or associated with Homer Electric Association?
There are 4 power plants owned by or associated with Homer Electric Association.
Does Homer Electric Association have any subsidiary companies?
Homer Electric Association owns Alaska Electric and Energy Cooperative.
What percentage of Homer Electric Association’s electricity is produced from renewable fuel sources?
Power facilities owned by or associated with Homer Electric Association produce 0% of their electricity using renewable fuels.
What cities does Homer Electric Association sell electricity to?
Homer Electric Association provides electricity to 6 cities in the US.
