Data · May 2026 · 7th of 51 jurisdictions

Alaska Electricity Prices

Residential electricity in Alaska averaged 28.23¢ per kilowatt-hour in May 2026 — the highest monthly average the jurisdiction has posted since January 2001. Since January 2001 the jurisdiction average has risen 152%, from 11.22¢ — a compound 3.7% a year — and month-to-month it has been among the steadiest third of jurisdictions. It runs 45.4% above the national benchmark — a gap that has narrowed from 59.4% above in May 2021. Within the trailing year alone the average moved 10.6%, peaking in May 2026.

What we measure: Average residential retail price of electricity published by the EIA for each reporting jurisdiction, in cents per kilowatt-hour — a state- or DC-wide monthly average, not a personalized utility tariff or the rate any single household pays. EIA publishes jurisdiction-level retail-price data on a lag of roughly two to three months; the latest period shown reflects that lag.

Key facts — May 2026

Avg residential rate
28.23¢
National rank
7th of 51 jurisdictions reporting May 2026
Change (year over year)
+8.2%
vs national average
+45.4%
Est. annual bill
$2,964
All-time high
28.23¢ May 2026
National average
19.41¢
Months tracked
305

How Alaska compares: above the national benchmark

Over the trailing twelve months the jurisdiction average ranged from 25.52¢ in January 2026 to 28.23¢ in May 2026 — a wide 10.6% spread within a single year.

Alaska ranks 3rd of 5 in its immediate border group, between Washington at 14.95¢ and Hawaii at 52.00¢.

Alaska and its land-border neighbours, all at May 2026. A neighbour not reporting that month is omitted rather than compared at a different date.
JurisdictionAvg rate (¢/kWh)vs Alaska
Washington14.95-47.0%
Oregon16.27-42.4%
California33.25+17.8%
Hawaii52.00+84.2%

Alaska is at its highest recorded rate

Record high
28.23¢ May 2026
Record low
11.22¢ January 2001
Change since January 2001
+151.6%
Compound annual rate
+3.7%/yr

Across the complete calendar years in the series (2001–2025), July is Alaska's most expensive month relative to its own year and January its cheapest, a seasonal swing of about 9.8 percentage points. Each month is divided by its own calendar-year mean first, so the long-run price rise is not counted as seasonality. Partial years are excluded, so they are not part of the span named here.

Use Alaska's 28.23¢/kWh jurisdiction average as comparison context. It is a public-data benchmark, not a household bill or solar result: a household figure requires documented annual use, address-specific production, same-scope price, utility cash flows, and source-event dates, and this page does not prefill them.

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Alaska trend, last 36 reported months

Average residential price per kWh each month. Bars scale to the highest month shown.

Average residential electricity price by month in Alaska
MonthAvg rate (¢/kWh)Rate relative to highest month
June 202324.79
July 202324.96
August 202325.14
September 202324.57
October 202324.04
November 202324.13
December 202324.22
January 202423.91
February 202423.00
March 202424.84
April 202425.01
May 202425.15
June 202425.53
July 202425.81
August 202426.44
September 202425.84
October 202425.64
November 202424.81
December 202423.65
January 202524.73
February 202524.76
March 202525.79
April 202525.96
May 202526.08
June 202526.87
July 202527.30
August 202527.71
September 202527.16
October 202526.46
November 202526.18
December 202525.54
January 202625.52
February 202625.79
March 202627.17
April 202627.35
May 202628.23

Alaska electricity rates — common questions

Why is electricity so expensive in Alaska?

Alaska sits in the most expensive quarter of the country — 28.23¢ per kilowatt-hour in May 2026, 7th-highest of 51 and 45.4% above the national benchmark. The index reports the published average, not its causes.

What is the average electricity bill in Alaska?

At Alaska's May 2026 average of 28.23¢/kWh, 10,500 kWh of annual use works out to $2,964 a year — around $247 a month. Running the same 10,500 kWh calculation at the May 2026 national benchmark rate gives $2,038 — a $926 gap between the two published averages, more for Alaska, not a bill either way.

Are electricity rates going up in Alaska?

Over the full EIA series the Alaska jurisdiction average has risen 152% since January 2001, from 11.22¢ to 28.23¢ in May 2026 — a compound 3.7% per year. The path has been unusually smooth — Alaska is among the steadiest third of jurisdictions month to month.

Are Alaska electricity rates at a record high?

Yes. The May 2026 average of 28.23¢ per kilowatt-hour is the highest monthly figure Alaska has recorded across the EIA series, which begins in January 2001. The previous floor for the jurisdiction was 11.22¢ in January 2001.

What time of year is electricity most expensive in Alaska?

July. Measured over the 25 complete calendar years the EIA series covers for Alaska, 2001 through 2025, July runs highest relative to its own year and January runs lowest — a swing of roughly 9.8 percentage points.

Is electricity cheaper in states bordering Alaska?

Among Alaska and its land-border neighbours in May 2026, Washington posts the lowest average at 14.95¢ and Hawaii the highest at 52.00¢. Alaska ranks 3rd of 5 in the group, at 28.23¢.

Is 28.23¢/kWh the rate I actually pay in Alaska?

Almost certainly not exactly, and this is the one caveat that governs every figure on this page. The published value is the EIA residential average across every utility and residential rate class in Alaska for May 2026 — a benchmark, never a billed amount. Even the jurisdiction figure is not one number — across the trailing year it moved between 25.52¢ in January 2026 and 28.23¢ in May 2026. Your own rate depends on your utility, tariff, usage tier, time-of-use schedule, and fixed monthly charges, none of which this index models. Read your bill for the rate that applies to you.

Use this data

Download Alaska CSV — free to reuse with attribution. See how the Alaska figure is calculated for the metric definition, refresh cadence, and limitations. Source: U.S. Energy Information Administration (EIA), Electricity retail sales — average price by state.

Suggested citation

"Alaska Electricity Prices." Geostellar Residential Electricity Price Index, May 2026, based on U.S. Energy Information Administration (EIA) electricity retail-sales data. https://geostellar.com/energy/electricity-rates/alaska

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