Alaska Electricity Price Trends

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Historical rates by sector, 2016–2025

2025 Residential

26.09¢/kWh

+50.8% vs US avg

Alaska residential electricity costs 26.09¢/kWh in 2025

According to the U.S. Energy Information Administration retail-sales series (2025 annual frequency), residential electricity in Alaska costs 26.09¢/kWh, 50.8% above the national average. Since 2016, the rate has changed +28.5%.

Where Alaska sits: according to EIA's annual retail-sales series, its residential rate changed +28.5% between 2016 and 2025, the 31st steepest of 51 jurisdictions (the 50 states and the District of Columbia), a steeper move than 40% of the other 50. Ranked on the same 2016 to 2025 window for every state; see the methodology.

Trajectory peers

Which states followed a similar residential price path?

Each state begins at an index of 100 in 2016; the comparison then measures how closely its annual path follows Alaska through 2025. This compares the shape of the EIA series, not the price level, and does not claim that two states share the same market or causes.

Closest path shapes

Nearest matches after each state starts at an index of 100

  1. New Mexico +25.4% since 2016
  2. Vermont +32.0% since 2016
  3. Mississippi +34.0% since 2016
  4. Minnesota +24.9% since 2016
  5. Tennessee +26.6% since 2016
  6. Alabama +34.3% since 2016
  7. Michigan +31.5% since 2016
  8. Virginia +34.5% since 2016

Other steeper paths

Nearest unused states with a larger 2016–2025 rise

  1. Colorado +31.3% since 2016
  2. Indiana +37.7% since 2016
  3. Washington +38.3% since 2016
  4. Wisconsin +29.1% since 2016
  5. Arkansas +29.4% since 2016
  6. Oklahoma +28.6% since 2016

Other gentler paths

Nearest unused states with a smaller 2016–2025 rise

  1. Georgia +28.1% since 2016
  2. Kentucky +26.2% since 2016
  3. Arizona +26.1% since 2016
  4. North Carolina +27.1% since 2016
  5. Iowa +14.9% since 2016
  6. Montana +18.6% since 2016

Calculated from 51 jurisdictions covering the complete 2016–2025 annual window. Directional lists exclude states already shown as the closest matches, so every name appears once.

Reading the Alaska Price Trend

According to the U.S. Energy Information Administration's retail-sales series, RateWatt currently holds 2,040 annual state-sector records spanning 2016 through 2025. These are statewide annual averages, not individual utility quotes. See the methodology for source scope and refresh cadence.

Alaska residential electricity moved from 20.30¢/kWh in 2016 to 26.09¢/kWh in 2025, a cumulative change of +28.5% over 10 reporting years. The more recent five-year window changed +15.6% since 2020; comparing the two windows describes whether the pace changed, but does not establish why. Against the national residential benchmark of 17.30¢/kWh, Alaska now sits 50.8% above the U.S. average for 2025.

Commercial customers in Alaska paid 22.32¢/kWh in 2025, while industrial customers paid 20.03¢/kWh. Sector differences can reflect customer mix, consumption volume, tariff design, and cost allocation; this statewide series does not identify which factor drives a state's gap. Here the residential-to-industrial multiplier is about 1.3x, one descriptive benchmark for comparison with peer states.

EIA reports 6 generation sources for Alaska; ranked by share of generation they run natural gas, hydro, petroleum, coal, wind. Of the 11 sources EIA reports somewhere in the country, Alaska records no generation from biomass, geothermal, nuclear, other or pumped storage. That is an absence in the published series, not a statement that no such capacity exists. This price series and that generation series are published separately and are not joined here, so nothing on this page attributes a price movement to a fuel mix. Adjacent entries in the alphabetical state browser are Alabama and Arizona; their pages carry the same series on the same basis. EIA publishes the annual series once per year and revises prior years without renumbering them, so a figure here can change when a later release restates it.

Within the year, August is the costliest month on average

The annual averages above smooth over a repeating within-year pattern. Across EIA's monthly series, Alaska's residential rate averages about 26.43¢/kWh in August and about 23.46¢/kWh in January, a 11.9% spread around the monthly mean. 24 of the 51 states with a full monthly record sit in this ten-to-twenty percent band. The monthly and annual series summarize the same retail-sales activity at different frequencies; the annual price is revenue divided by sales for the full year, not the arithmetic mean of twelve monthly price ratios.

Within-year profile computed from 36 monthly observations across 3 complete calendar years in EIA's residential series (monthly data begins 2023-01). Partial calendar years are excluded so a newer partial tail cannot bias January–May against later months. Peak and trough are the highest and lowest month averages across that record, not a forecast; the spread is quoted against this state's own monthly mean.

How often the rate has actually fallen

Alaska's rate has fallen in 2 of the 9 year-on-year steps on record, the most common pattern among states. The steepest of those falls came in 2020, at 0.35¢.

One of the steadiest price paths in the country

Alaska is in the quarter of states whose recent five years most closely match their own long-run pace: about 2.9% a year lately against 2.8% a year across the full record, a difference of just 0.1%. The published series describes that relative steadiness but does not identify its cause.

Both figures are compound annual rates over EIA's published residential series, so the five-year and full-record windows are directly comparable; the national comparison ranks all 51 states and DC on the same measure. Annual state-level averages, not individual bills.

2025 Rate

26.09¢/kWh

vs National Avg

+50.8%

5-Year Change

+15.6%

Since 2016

+28.5%

Residential
Commercial
Industrial
US Average (Residential)
12.6¢ 15.9¢ 19.3¢ 22.7¢ 26.1¢ 201620182020202220242025 Alaska residential, 2025: 26.09¢ per kWh Alaska residential, 2024: 24.82¢ per kWh Alaska residential, 2023: 23.90¢ per kWh Alaska residential, 2022: 23.10¢ per kWh Alaska residential, 2021: 22.55¢ per kWh Alaska residential, 2020: 22.57¢ per kWh Alaska residential, 2019: 22.92¢ per kWh Alaska residential, 2018: 21.94¢ per kWh Alaska residential, 2017: 21.27¢ per kWh Alaska residential, 2016: 20.30¢ per kWh Alaska commercial, 2025: 22.32¢ per kWh Alaska commercial, 2024: 21.57¢ per kWh Alaska commercial, 2023: 20.87¢ per kWh Alaska commercial, 2022: 20.06¢ per kWh Alaska commercial, 2021: 19.61¢ per kWh Alaska commercial, 2020: 19.58¢ per kWh Alaska commercial, 2019: 19.80¢ per kWh Alaska commercial, 2018: 18.58¢ per kWh Alaska commercial, 2017: 18.89¢ per kWh Alaska commercial, 2016: 17.56¢ per kWh Alaska industrial, 2025: 20.03¢ per kWh Alaska industrial, 2024: 19.31¢ per kWh Alaska industrial, 2023: 18.70¢ per kWh Alaska industrial, 2022: 18.43¢ per kWh Alaska industrial, 2021: 16.85¢ per kWh Alaska industrial, 2020: 15.88¢ per kWh Alaska industrial, 2019: 16.94¢ per kWh Alaska industrial, 2018: 17.10¢ per kWh Alaska industrial, 2017: 16.34¢ per kWh Alaska industrial, 2016: 15.22¢ per kWh US residential average, 2025: 17.30¢ per kWh US residential average, 2024: 16.48¢ per kWh US residential average, 2023: 16.00¢ per kWh US residential average, 2022: 15.04¢ per kWh US residential average, 2021: 13.66¢ per kWh US residential average, 2020: 13.15¢ per kWh US residential average, 2019: 13.01¢ per kWh US residential average, 2018: 12.87¢ per kWh US residential average, 2017: 12.89¢ per kWh US residential average, 2016: 12.55¢ per kWh
Annual average revenue per kilowatt-hour for Alaska by sector and the US residential benchmark. Focus or tap a point for its year and exact value; the full values are also listed in the table below.

Annual Average Prices

Year Residential US Avg
2025 26.09¢/kWh +5.1% 17.30¢/kWh
2024 24.82¢/kWh +3.8% 16.48¢/kWh
2023 23.90¢/kWh +3.5% 16.00¢/kWh
2022 23.10¢/kWh +2.4% 15.04¢/kWh
2021 22.55¢/kWh -0.1% 13.66¢/kWh
2020 22.57¢/kWh -1.5% 13.15¢/kWh
2019 22.92¢/kWh +4.5% 13.01¢/kWh
2018 21.94¢/kWh +3.1% 12.87¢/kWh
2017 21.27¢/kWh +4.8% 12.89¢/kWh
2016 20.30¢/kWh 12.55¢/kWh

Provider record

Largest bundled residential providers EIA reports for Alaska

EIA-861 table 6 lists 10 reporting entities here for 2024, ordered by residential customer count. A provider's appearance is not evidence that it serves every address or that a household can choose it.

ProviderOwnershipResidential customersEIA average price
Chugach Electric Assn IncCooperative97,04821.24¢/kWh
Matanuska Electric Assn IncCooperative64,20523.37¢/kWh
Golden Valley Elec Assn IncCooperative40,67530.32¢/kWh
Homer Electric Assn IncCooperative29,72129.79¢/kWh
Alaska Electric Light & Power Co.Investor Owned15,40712.93¢/kWh
Alaska Village Elec Coop, IncCooperative7,68969.95¢/kWh
Ketchikan Public UtilitiesMunicipal6,56112.48¢/kWh
Alaska Power and Telephone CoInvestor Owned5,73737.18¢/kWh
Kodiak Electric Assn IncCooperative4,77218.83¢/kWh
Kotzebue Electric Assn IncCooperative1,22747.90¢/kWh

“Average price” is EIA's reported residential revenue divided by sales, not a tariff, plan offer, or bill quote. Source: EIA Electric Sales, Revenue, and Average Price, table 6.

Frequently Asked Questions

Are electricity prices going up in Alaska?
From 2016 to 2025, residential electricity in Alaska changed from 20.30¢/kWh to 26.09¢/kWh (+28.5%). Over the past 5 years, the change was +15.6%.
How does Alaska's electricity price compare to the national average?
Alaska's residential electricity rate of 26.09¢/kWh is 50.8% above the national average of 17.30¢/kWh (2025).
What do businesses pay for electricity in Alaska?
Commercial electricity in Alaska costs 22.32¢/kWh (2025), compared to 26.09¢/kWh for residential customers. These are separate statewide sector averages; this series does not identify why they differ.
Where does this price trend data come from?
All electricity price data is from the U.S. Energy Information Administration (EIA), the official federal statistics agency for energy data. The table, chart, rankings, and long-window changes use annual statewide averages in cents per kilowatt-hour; the within-year profile uses EIA's separate monthly statewide series.

Data from the U.S. Energy Information Administration. Prices in cents per kilowatt-hour (kWh). Annual averages.

Source: U.S. Energy Information Administration, Electricity (Retail Sales of Electricity to Ultimate Customers). See our methodology for details. Retrieved and formatted by RateWatt