Matanuska Electric Association

About Matanuska Electric Association

Matanuska Electric Association serves 2 counties in the state of Alaska including Anchorage Municipality County and Matanuska-Susitna Borough. The company recently reported a total of 71,739 total customers. Roughly 9.54% of them are commercial accounts and 90.46% are residential customers. Patrons of Matanuska Electric Association pay an average residential electricity rate of 23.87 cents per kilowatt hour, which is 3.11% less than Alaska's average price of 24.63 cents. In 2023 they had retail sales of 772,889 megawatt hours. Power generation facilities owned by the company generated 88.66% of the megawatt hours sourced by the company and an additional 11.34% was purchased on wholesale channels. Their total revenue for 2023 from electricity activities was $164,041,800, with $161,508,200 from retail sales to end users.

The state average monthly residential electricity bill is $143.9, while the Matanuska Electric Association average is 1.35% less at $141.96 per month. This is the 14th lowest average monthly bill amount for a supplier in the state. Matanuska Electric Association generates 749,999.43 megawatt hours from their production plants, which ranks them as the 3rd highest producer of electricity out of 55 providers in the state. The provider is able to generate 33,030.43 megawatt hours from hydroelectric power facilities, which makes them the 10th largest generator of hydroelectric power in Alaska out of 55 providers. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other companies and then resell it at a higher rate to end consumers.