Power Bill Facts

Alaska electricity prices, January 2023

The month beside the same month one year before and beside the US.

Month
January 2023, final
File
Form EIA-861M
Price among 51
9th from the highest

The average residential price in Alaska was 21.73 cents per kilowatt-hour (kWh) in January 2023. Final

In January 2022, the price was 22.17 cents per kWh. The January 2023 price was 0.44 cents per kWh lower than the January 2022 price.

The US average was 15.47 cents per kWh in January 2023. In January 2023, Alaska had the 9th highest average residential price among the 50 states and the District of Columbia.

The average bill of a residential customer for the month was $169.69, for 781 kWh. A bill for one month changes with the season.

EIA marks this month as final. EIA adjusted the months of this year to the final Form EIA-861 data.

Average price of electricity to ultimate consumers represents the cost per unit of electricity sold and is calculated by dividing electric revenue from ultimate consumers by the corresponding sales of electricity.

The average price of electricity to ultimate consumers reported in this publication by sector represents a weighted average of consumer revenue and sales, and does not equal the per kWh rate charged by the electric power industry participant to the individual consumers.

EIA's words. Source: U.S. Energy Information Administration, Electric Power Monthly, Technical notes, section "Form EIA-861" (March 2024). "This publication" is the Electric Power Monthly.

In plain words: the average price is revenue divided by sales. It is not the rate on a rate schedule. The figures on this page are EIA's own state averages. Monthly data through .

Average price by sector

Cents per kWh

Alaska: average price by sector, January 2023
SectorJan 2023 cents per kWhJan 2022 cents per kWhChange percentUS, Jan 2023 cents per kWh
Residential21.7322.17-2.0%15.47
Commercial20.2219.67+2.8%12.61
Industrial17.6118.05-2.4%8.18
All sectors20.2820.33-0.2%12.68

Sales, customers and bill

Residential, unless the row says all sectors

Alaska: sales, customers and the residential bill, January 2023
FigureJan 2023Jan 2022Change percent
Residential sales230.5 GWh227.5 GWh+1.3%
Sales, all sectors587.9 GWh579.9 GWh+1.4%
Residential customers295,151293,054+0.7%
Average residential bill (dollars in the month)$169.69$172.10-1.4%
Average residential use (kWh in the month)781776+0.6%
US residential price (cents per kWh)15.4713.64+13.4%

The 25 months to January 2023

Form EIA-861M

cents per kWh0510152025Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023cents per kWh0510152025Jan 2021Aug 2021Mar 2022Jan 2023

Alaska, residentialUS, residential

Cents per kWh, Form EIA-861M.

Where the figures come from

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month). EIA status of this month: final. The series runs through July 2026. The average price is revenue divided by sales. The average bill is residential revenue divided by residential customers. The annual figures of each utility are on the Alaska page.

Questions about January 2023 in Alaska

What did businesses pay for electricity in Alaska in January 2023?
The average commercial price was 20.22 cents per kWh. The average industrial price was 17.61 cents per kWh. The average for all sectors was 20.28 cents per kWh.
How much electricity did residential customers in Alaska buy in January 2023?
Residential customers bought 230.5 GWh of electricity in January 2023. One GWh is 1,000,000 kWh. The quantity was 1.3% higher than the quantity in January 2022.
How many residential customers did Alaska have in January 2023?
Alaska had 295,151 residential customers in January 2023. The number was 0.7% higher than the number in January 2022. A customer is one account or one meter, not one person.