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States › Alaska › July 2023

Alaska electricity prices, July 2023

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In July 2023, residential customers in Alaska paid an average of 24.96¢ per kilowatthour, up 2.5% on the same month a year earlier (24.36¢). The US average for the month was 15.86¢; Alaska was 57% above that. It ranked 7th highest among the 50 states and the District of Columbia.

Residential sales were 142,451 MWh, down 2.1% on a year earlier, and the average residential bill for the month was $119.93 on 481 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

24.96¢residential, per kWh+2.5% on Jul 2022
$119.93average residential bill for the monthon 481 kWh
142.5 GWhresidential sales-2.1% on a year earlier
7thhighest residential price of 51US 15.86¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorJul 2023Jul 2022ChangeUS, Jul 2023
Residential24.96¢24.36¢+2.5%15.86¢
Commercial20.79¢20.23¢+2.8%12.91¢
Industrial16.46¢19.81¢-16.9%8.35¢
All sectors20.92¢21.43¢-2.4%13.06¢

Sales and customers

MeasureJul 2023Jul 2022Change
Residential sales142.5 GWh145.5 GWh-2.1%
Sales, all sectors472.9 GWh463 GWh+2.1%
Residential customers296,412294,673+0.6%
Average residential bill$119.93$120.29-0.3%
Average residential use, kWh481494-2.6%
US residential price15.86¢15.31¢+3.6%

The two years to July 2023

0¢5¢10¢15¢20¢25¢Jul 2021Nov 2021Mar 2022Jul 2022Nov 2022Mar 2023Jul 2023

Alaska residentialUS residential

Cents per kWh, Form EIA-861M.
← June 2023August 2023 →

Questions and answers

What was the average electricity price in Alaska in July 2023?

24.96¢ per kilowatthour for residential customers, 20.79¢ for commercial and 16.46¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 24.36¢ in July 2022, a change of +2.5%. Residential sales changed by -2.1% over the same period.

What was the average residential bill that month?

$119.93, on average use of 481 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Alaska page.