[ Golden Valley Elec Assn / AK ]
Golden Valley Elec Assn electricity rates in Alaska
CO-OP BOARD SETS RATES · DATA 2025
change in average rate, 2024→2025
What your bill becomes
Estimated at Golden Valley Elec Assn's average effective residential rate (31.47¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 21.15¢ | — | 38,521 |
| 2016 | 22.65¢ | +7.1% | 38,824 |
| 2017 | 24.11¢ | +6.5% | 39,019 |
| 2018 | 25.45¢ | +5.6% | 39,244 |
| 2019 | 26.27¢ | +3.2% | 39,511 |
| 2020 | 25.13¢ | −4.3% | 39,813 |
| 2021 | 26.89¢ | +7.0% | 40,112 |
| 2022 | 28.63¢ | +6.5% | 40,277 |
| 2023 | 29.67¢ | +3.6% | 40,464 |
| 2024 | 30.32¢ | +2.2% | 40,675 |
| 2025 | 31.47¢ | +3.8% | 40,931 |
How this compares
Serves 4 counties in Alaska: Denali, Fairbanks North Star, Southeast Fairbanks, Yukon Koyukuk. 35 ZIP codes.
What the numbers show
Since 2015, Golden Valley Elec Assn's average residential rate has gone from 21.15¢ to 31.47¢ per kWh: +48.8% over 10 years, or about +4.1% a year. It rose in 9 of the 10 years we can compare, and the biggest one-year increase was +7.1% in 2016. The largest drop was −4.3% in 2020.
For a home using 564 kWh a month, the Alaska average, Golden Valley Elec Assn's 2025 rate works out to about $2,130 a year, $363 more than at Alaska's average rate of 26.11¢. Of the 10 Alaska utilities in our data with a 2025 price, it is the 5th most expensive.
Golden Valley Elec Assn served 38,521 homes in 2015 and 40,931 in 2025 (+6.3%), about 13% of Alaska's residential electricity customers.
Who sets Golden Valley Elec Assn's rates
Golden Valley Elec Assn is a member-owned electric cooperative. A board elected by its members sets its rates. In some states the Regulatory Commission of Alaska also reviews co-op rates, but most co-op rate changes do not go through a commission rate case, so watch the co-op's own member notices and board meetings.
Commission contact: Regulatory Commission of Alaska. How we calculate every figure on this page: methodology.
Questions
Is Golden Valley Elec Assn raising rates in 2026?
Golden Valley Elec Assn's rates are set by its member-elected board, not through a rate case at the Regulatory Commission of Alaska, so check its own notices for a change this year. Its average residential rate moved +3.8% from 2024 to 2025.
What does Golden Valley Elec Assn charge per kWh?
Golden Valley Elec Assn's average effective residential rate was 31.47¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Alaska's 2025 average was 26.11¢.
How much have Golden Valley Elec Assn rates gone up in five years?
+25.2% between 2020 and 2025, against +23.3% for Alaska as a whole over the latest five-year window.
How many customers does Golden Valley Elec Assn have in Alaska?
40,931 residential customers in 2025, across 4 counties including Denali, Fairbanks North Star, Southeast Fairbanks, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey, which every US utility files. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)
