States › Alaska › Homer Electric Assn Inc
electric cooperative · EIA utility 19558
Homer Electric Assn Inc
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. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.
In its Form EIA-861 filing for 2024, Homer Electric Assn Inc, an electric cooperative, reported 29,721 residential customers in Alaska, with a service territory that touches 1 county.
Its average residential price that year was 29.79¢ per kilowatthour, 20% above the Alaska average of 24.82¢ and 81% above the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.
That works out to an average residential bill of $147.96 a month on average use of 497 kWh a month. Across Alaska the average bill was $143.54 on 578 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.
For reliability it reported a SAIDI of 606.5 minutes per customer with major event days included and 256.9 minutes with them excluded, calculated under IEEE 1366 standard. The median among Alaska utilities reporting was 365.7 minutes with major event days; this utility's figure is 66% above that median.
The average price is up 10.5% on 2019, against up 8.3% for Alaska as a whole, and up 2.5% on 2023. EIA's early release for 2025, which has not been fully edited, shows 31.51¢.
Compared with Alaska, the US and other electric cooperatives
| Measure, 2024 | This utility | Electric cooperatives, US median | Alaska | United States |
|---|---|---|---|---|
| Average residential price per kWh | 29.79¢ | 13.74¢ | 24.82¢ | 16.48¢ |
| Average monthly residential bill | $147.96 | $149.95 | $143.54 | $142.26 |
| Average monthly use, kWh | 497 | 1,126 | 578 | 863 |
| Residential price change, 1 year | +2.5% | — | +3.8% | +3.0% |
| Residential price change, 5 years | +10.5% | — | +8.3% | +26.7% |
| SAIDI, all events (minutes) | 606.5 | 263.0 | 365.7 median | 184.5 median |
| SAIDI, without major event days | 256.9 | 147.0 | 224.6 median | 99.8 median |
State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 7 filings by electric cooperatives in Alaska, the median price was 29.79¢. In Alaska this utility's price ranks 5 of 10, counting from the highest.
Average price by year
Homer Electric Assn IncAlaska averageUS average
Year by year
| Year | ¢ per kWh | Alaska ¢ | Monthly bill | kWh a month | Residential customers | All sales |
|---|---|---|---|---|---|---|
| 2025 early release | 31.51¢ | 26.09¢ | $149.43 | 474 | 30,143 | 480.8 GWh |
| 2024 | 29.79¢ | 24.82¢ | $147.96 | 497 | 29,721 | 488.2 GWh |
| 2023 | 29.06¢ | 23.90¢ | $144.74 | 498 | 29,377 | 452.7 GWh |
| 2022 | 28.53¢ | 23.10¢ | $140.93 | 494 | 28,994 | 452.9 GWh |
| 2021 | 28.21¢ | 22.55¢ | $144.93 | 514 | 28,602 | 461.4 GWh |
| 2020 | 28.73¢ | 22.57¢ | $148.16 | 516 | 28,236 | 437.1 GWh |
| 2019 | 26.96¢ | 22.92¢ | $129.41 | 480 | 27,960 | 443.8 GWh |
| 2018 | 26.94¢ | 21.94¢ | $134.34 | 499 | 27,681 | 452.2 GWh |
| 2017 | 26.12¢ | 21.27¢ | $137.71 | 527 | 27,374 | 479.2 GWh |
| 2016 | 25.68¢ | 20.30¢ | $134.04 | 522 | 27,104 | 457.3 GWh |
| 2015 | 25.26¢ | 19.83¢ | $135.08 | 535 | 26,757 | 471.8 GWh |
| 2014 | 24.32¢ | 19.14¢ | $130.33 | 536 | 26,430 | 465.1 GWh |
| 2013 | 20.99¢ | 18.12¢ | $120.31 | 573 | 26,150 | 481.6 GWh |
Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.
Month by month
Homer Electric Assn IncAlaska average
Sales by sector, 2024
| Sector | Customers | Sales | Share of sales | Revenue | ¢ per kWh, bundled |
|---|---|---|---|---|---|
| Residential | 29,721 | 177.1 GWh | 36% | $52,771,300 | 29.79¢ |
| Commercial | 4,415 | 160.8 GWh | 33% | $42,424,100 | 26.39¢ |
| Industrial | 21 | 150.3 GWh | 31% | $18,653,400 | 12.41¢ |
Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 516.6 GWh in total, of which 0% was its own net generation and 516.5 GWh was bought wholesale; summer peak demand 68 MW.
Reliability
Minutes of sustained interruption per customer in 2024, as the utility reported them under IEEE 1366 standard. SAIFI: 2.63 interruptions per customer with major event days, 1.65 without; CAIDI 230.6 minutes per interruption. EIA's Alaska total across all reporting utilities was 327.1 minutes with major event days and 192.4 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.
| Year | SAIDI, all events | SAIDI, no major events | SAIFI, all events | SAIFI, no major events | Method |
|---|---|---|---|---|---|
| 2025 early release | 805.0 | 239.2 | 3.36 | 1.75 | IEEE 1366 |
| 2024 | 606.5 | 256.9 | 2.63 | 1.65 | IEEE 1366 |
| 2023 | 851.2 | 334.2 | 3.88 | 2.36 | IEEE 1366 |
| 2022 | 469.9 | 287.7 | 2.83 | 2.21 | IEEE 1366 |
| 2021 | 720.6 | 230.4 | 1.98 | 1.43 | IEEE 1366 |
| 2020 | 474.9 | 214.3 | 1.53 | 0.84 | IEEE 1366 |
| 2019 | 858.1 | 201.0 | 3.22 | 1.08 | IEEE 1366 |
| 2018 | 432.2 | 147.0 | 2.11 | 1.55 | IEEE 1366 |
| 2017 | 249.3 | 177.8 | 2.02 | 1.85 | IEEE 1366 |
| 2016 | 186.5 | 186.5 | 1.79 | 1.79 | IEEE 1366 |
| 2015 | 345.7 | 209.5 | 2.57 | 2.21 | IEEE 1366 |
| 2014 | 686.8 | 187.0 | 4.83 | 3.04 | IEEE 1366 |
| 2013 | 669.9 | 274.9 | 5.65 | 2.89 | IEEE 1366 |
Generation at plants it operates, 2025
- Natural gas 52.9% 466.2 GWh
- Hydro 47.1% 414.7 GWh
Net generation of 881.1 GWh at power plants this utility operates, from Form EIA-923. It is not the mix delivered to customers: utilities also buy power wholesale (516.5 GWh in 2024), sell generation to others and may co-own plants that another company operates.
Counties in its service territory
Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.
Other utilities in Alaska
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| Golden Valley Elec Assn Inc | Cooperative | 40,675 | 30.32¢ | $179.33 | 552.9 | 224.6 |
| Matanuska Electric Assn Inc | Cooperative | 64,205 | 23.37¢ | $141.62 | 258.1 | 258.1 |
| Chugach Electric Assn Inc | Cooperative | 97,048 | 21.24¢ | $107.75 | 209.0 | 124.6 |
| Alaska Village Elec Coop, Inc | Cooperative | 7,689 | 69.95¢ | $332.46 | — | — |
| Kodiak Electric Assn Inc | Cooperative | 4,772 | 18.83¢ | $130.94 | — | — |
| Kotzebue Electric Assn Inc | Cooperative | 1,227 | 47.90¢ | $250.96 | — | — |
| Alaska Electric Light & Power Co. | Investor-owned | 15,407 | 12.93¢ | $119.36 | 156.4 | 156.4 |
| Ketchikan Public Utilities | Municipal | 6,561 | 12.48¢ | $123.73 | 425.2 | — |
All Alaska utilities · Electric cooperatives nationwide
Questions and answers
How much does electricity cost from Homer Electric Assn Inc?
Residential customers paid an average of 29.79¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.
How does that compare with Alaska?
The Alaska average residential price in 2024 was 24.82¢ and the US average 16.48¢; Homer Electric Assn Inc was 20% above the state figure. Among 10 utility filings with a bundled residential price in Alaska, it had the 5th highest.
What is the average Homer Electric Assn Inc bill?
$147.96 a month in 2024, on average residential use of 497 kWh a month (annual revenue and sales divided by customers and by twelve). The Alaska average was $143.54 on 578 kWh.
How reliable is Homer Electric Assn Inc service?
It reported 606.5 minutes of interruption per customer (SAIDI) including major event days and 256.9 minutes excluding them, with 2.63 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.
Is the Homer Electric Assn Inc price rising?
The average residential price was up 2.5% in 2024 compared with 2023 and up 10.5% compared with 2019. EIA's early, not fully edited release for 2025 shows 31.51¢.
Which counties does Homer Electric Assn Inc serve?
Its Form EIA-861 service territory lists 1 county: Kenai Peninsula Borough, AK. A county can appear in several utilities' territories.
Provenance
Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "Homer Electric Assn Inc", utility number 19558; the 2025 row is from EIA's early release. Monthly utility figures are from the Form EIA-861M sample. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. Generation by fuel is from Form EIA-923, 2025 final. All are US government works in the public domain. Page built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.