State electricity profile · 2024
Alaska Electricity
Homes in Alaska pay 24.82¢/kWh for residential electricity, 50.6% above the US average. Further down: commercial and industrial rates and the generation mix, all EIA-sourced.
- 24.82¢/kWh
- Residential rate
- +50.6%
- vs US average
- 28%
- Renewable
- 298.4K
- Customers
Verify with EIA → · Methodology
The verdict · 2024
Alaska's residential electricity runs 24.82¢/kWh - 50.6% above the 16.48¢/kWh national average, pricier than 90% of states, with 28% of its power from renewables.
Rate is the EIA state average across all 298.4K residential customers, a benchmark for comparing states, not the rate on any single bill. Source: EIA Form-861.
What Alaska's Electricity Data Tells Us
Households in Alaska are billed 24.82¢/kWh on average for residential power, per 2024 EIA data, reaching 298.4K metered households, landing 50.6% above the national residential average, 16.48¢/kWh. Commercial power runs 21.57¢/kWh while industrial-sector power is priced at 19.31¢/kWh, reflecting the cost differentials that come from voltage level, load factor, and contract length across EIA Form-861 survey respondents. Residential customers consumed 2.1M MWh over the year on roughly $514.0M in utility revenue, a useful yardstick for sizing local demand against the grid mix that serves it.
The single largest fuel source in Alaska is natural gas, responsible for 46.9% of what's generated in-state; hydro comes next, contributing 25.7%, and petroleum rounding out the top three at 13.8%. 28.0% of Alaska's electricity output comes from renewable fuels, solar, wind, hydro, geothermal, and biomass combined, a figure that matters because each renewable megawatt-hour displaces fuel costs that otherwise flow through to retail bills. Expansion headroom remains: cost curves for wind and solar have fallen faster than fossil alternatives for most of the last decade.
Looking back across EIA records, residential prices in Alaska moved from 20.30¢/kWh in 2016 to 24.82¢/kWh in 2024, a 22.3% shift over that window. Looking for peers at a similar rate? New York, Maine, New Hampshire are close matches. For anyone negotiating a supplier contract, weighing an energy-efficiency upgrade, or modeling a household budget, the combination of current rate, multi-year trend, and generation mix offers a sturdier footing than any single data point on its own.
+50.6%
vs the US residential average
10%
of states have higher residential rates
28%
renewable share, above the US mix
298.4K
residential customers served
How Alaska compares
Cents per kWh, EIA Form 861. Pick a benchmark above to compare Alaska against the US average or a peer state.
Residential Price History
| Year | Price | Change |
|---|---|---|
| 2024 | 24.82¢/kWh | +3.8% |
| 2023 | 23.90¢/kWh | +3.5% |
| 2022 | 23.10¢/kWh | +2.4% |
| 2021 | 22.55¢/kWh | -0.1% |
| 2020 | 22.57¢/kWh | -1.5% |
| 2019 | 22.92¢/kWh | +4.5% |
| 2018 | 21.94¢/kWh | +3.1% |
| 2017 | 21.27¢/kWh | +4.8% |
| 2016 | 20.30¢/kWh | - |
Energy Generation Mix
How Alaska generates its electricity. Renewable sources account for 28.0% of generation.
- Natural Gas46.9%
- Hydrorenewable25.7%
- Petroleum13.8%
- Coal11.3%
- Windrenewable1.8%
- Solarrenewable0.4%
- Other0.1%
Market Overview
Residential Revenue
$514.0M
Commercial Revenue
$561.6M
Residential Sales
2.1M MWh
Residential Customers
298.4K
Frequently Asked Questions
How much does electricity cost in Alaska? ▼
How much of Alaska's electricity is renewable? ▼
Are electricity prices going up in Alaska? ▼
What are commercial and industrial electricity rates in Alaska? ▼
What is the cheapest energy source in Alaska? ▼
Where does RateWatt's Alaska electricity data come from? ▼
States with Similar Electricity Prices
Using Alaska's numbers
This is the state average, use it as a benchmark, not a quote for your address.
- Alaska sits 50.6% above the national average, see exactly where it lands among all 50 states. See the rankings
- Check the multi-year trend before you judge the rate, a low price rising fast can cost more over a decade than a steady one. Alaska price trend
- Compare Alaska side by side with the US average and peer states using the tool above, then estimate your own bill from your monthly kWh. Cost calculator
Figures are EIA state averages by sector. Your actual rate depends on your utility, plan, and usage, see our disclaimer.
Energy Guides
Understanding Electricity Rates
What ¢/kWh means and how your bill is calculated
Why Prices Vary by State
Generation mix, regulation, and geography
US Energy Sources Explained
How each fuel source powers the grid
Renewable vs Fossil Fuel Costs
LCOE comparison and the cost crossover
Cheapest States for Electricity
Which states pay the least and why
Primary source data for Alaska
Every figure on this page traces to these official federal datasets.
- 📊 EIA State Energy Profile, Alaska State energy database
- ⚡ EIA Electric Power Monthly Generation and price statistics
- 🌿 EPA eGRID Power-grid emissions database
- ☀️ NREL solar resource maps Solar potential by location
- 💨 NREL wind resource maps Wind potential by location
- ⚛️ NRC reactor data Nuclear operating status
- ⚡ FERC market data Transmission and market prices
- 🏛️ NARUC commissions State public utility commissions
- 📖 EIA energy mapping system Interactive federal energy map
Related
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Energy Information Administration (EIA). Consult a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. State prices and generation mix are pulled directly from the EIA's published tables for this state. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.