Alaska Electricity Rates (2026)
26.1¢/kWhstate average
50.8% above national averageUtilities in Alaska
Individual utility data for Alaska is coming soon. The state average residential rate is 26.1¢/kWh.
Rate Outlook for Alaska
Alaska's average residential electricity rate is currently 26.1 cents/kWh. Under EIA's reference scenario, rates are projected to reach 30.8 cents/kWh by 2031 and 35.0 cents/kWh by 2036, a 34.2% change. Under the high oil price scenario, rates could reach 36.5 cents/kWh.
EIA projections for Alaska vs. actual observed rates
Projected residential electricity rates for Alaska (next 10 years)
| Year | Reference (¢/kWh) | High Price | Low Price |
|---|---|---|---|
| 2026 | 28.9 | 29.2 | 28.7 |
| 2027 | 27.9 | 28.3 | 27.9 |
| 2028 | 28.2 | 28.6 | 28.4 |
| 2029 | 29.0 | 29.2 | 29.1 |
| 2030 | 29.8 | 30.1 | 30.0 |
| 2031 | 30.8 | 31.3 | 31.2 |
| 2032 | 31.7 | 32.6 | 32.1 |
| 2033 | 33.0 | 33.9 | 33.2 |
| 2034 | 33.9 | 34.8 | 34.0 |
| 2035 | 34.6 | 35.7 | 34.5 |
| 2036 | 35.0 | 36.5 | 35.1 |
Data Sources: U.S. Energy Information Administration — Annual Energy Outlook (AEO2010, AEO2015, AEO2020, AEO2025) and Monthly Energy Review.
Methodology: State-level projections are derived by applying national rate trends from EIA's Annual Energy Outlook to Alaska's current observed rate. EIA does not publish state-level projections.
Freshness: This data is checked weekly against EIA's open data APIs. The Monthly Energy Review updates monthly with observed rates. The Annual Energy Outlook publishes new projections annually.