Electricity Price History in Alaska

Electricity cost depends on monthly usage and your state's rate. Below are historical rate trends and price change metrics for Alaska. Data comes from EIA residential retail sales.

Current rate
25.01 ¢/kWh
1-year increase
+8.0%
5-year increase
+18.0%

Price Trend

Alaska electricity rate historyAlaska electricity rate history. 2021-01 to 2025-12. Values: 21.42¢, 21.73¢, 22.00¢, 22.27¢, 23.02¢, 23.58¢, 23.39¢, 23.27¢, 23.18¢, 23.19¢, 22.56¢, 22.14¢, 22.17¢, 22.08¢, 22.89¢, 22.83¢, 24.13¢, 24.11¢, 24.36¢, 23.86¢, 23.18¢, 23.66¢, 23.14¢, 22.20¢, 21.73¢, 22.92¢, 23.45¢, 23.44¢, 24.91¢, 24.79¢, 24.96¢, 25.14¢, 24.57¢, 24.04¢, 24.13¢, 24.22¢, 23.91¢, 23.00¢, 24.84¢, 25.01¢, 25.15¢, 25.53¢, 25.81¢, 26.44¢, 25.84¢, 25.64¢, 24.81¢, 23.65¢, 24.73¢, 24.76¢, 25.79¢, 25.96¢, 26.08¢, 26.87¢, 27.30¢, 27.71¢, 27.16¢, 26.46¢, 26.18¢, 25.54¢
2021-01 to 2025-12

Summary

Electricity prices in Alaska have increased 18.0% over the past 5 years. One year ago the rate was 23.65¢/kWh; it is now 25.01¢/kWh. Five years ago the rate was 21.64¢/kWh.

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Frequently Asked Questions

How much have electricity prices increased in Alaska?
Electricity prices in Alaska have increased 18.0% over the past 5 years. The 1-year increase is 8.0%. The annualized 5-year increase is approximately 3.4% per year.
Why do electricity prices change?
Electricity prices change due to fuel costs (natural gas, coal, renewables), transmission and distribution investments, regulatory policies, demand patterns, and weather. State-level rates also reflect local generation mix and market structure.
Are electricity prices rising faster than inflation?
It varies by state and period. The U.S. Bureau of Labor Statistics reports that electricity prices have often risen faster than overall inflation in recent years due to grid modernization, renewable mandates, and fuel cost volatility. Compare your state's annualized increase to CPI inflation.

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