31.51¢
per kWh, 2025
[ Homer Electric Assn / AK ]
Homer Electric Assn electricity rates in Alaska
CO-OP BOARD SETS RATES · DATA 2025
change in average rate, 2024→2025
+5.8%
vs 2024
30,143
residential customers
+9.7%
since 2020
What your bill becomes
Bill today
No change on file
Difference / month · / year
Estimated at Homer Electric Assn's average effective residential rate (31.51¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 25.26¢ | — | 26,757 |
| 2016 | 25.68¢ | +1.7% | 27,104 |
| 2017 | 26.12¢ | +1.7% | 27,374 |
| 2018 | 26.94¢ | +3.1% | 27,681 |
| 2019 | 26.96¢ | +0.1% | 27,960 |
| 2020 | 28.73¢ | +6.6% | 28,236 |
| 2021 | 28.21¢ | −1.8% | 28,602 |
| 2022 | 28.53¢ | +1.1% | 28,994 |
| 2023 | 29.06¢ | +1.9% | 29,377 |
| 2024 | 29.79¢ | +2.5% | 29,721 |
| 2025 | 31.51¢ | +5.8% | 30,143 |
How this compares
26.11¢
Alaska average, 2025
+20.7%
Homer Electric Assn vs AK 2025 average
+82.9%
vs US 2025 average
#4
priciest in AK
Serves 1 county in Alaska: Kenai Peninsula. 12 ZIP codes.
What the numbers show
Since 2015, Homer Electric Assn's average residential rate has gone from 25.26¢ to 31.51¢ per kWh: +24.7% over 10 years, or about +2.2% a year. It rose in 9 of the 10 years we can compare, and the biggest one-year increase was +6.6% in 2020. The largest drop was −1.8% in 2021.
For a home using 564 kWh a month, the Alaska average, Homer Electric Assn's 2025 rate works out to about $2,133 a year, $365 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 4th most expensive.
Homer Electric Assn served 26,757 homes in 2015 and 30,143 in 2025 (+12.7%), about 10% of Alaska's residential electricity customers.
Who sets Homer Electric Assn's rates
Homer Electric 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 Homer Electric Assn raising rates in 2026?
Homer Electric 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 +5.8% from 2024 to 2025.
What does Homer Electric Assn charge per kWh?
Homer Electric Assn's average effective residential rate was 31.51¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). Alaska's 2025 average was 26.11¢.
How much have Homer Electric Assn rates gone up in five years?
+9.7% between 2020 and 2025, against +23.3% for Alaska as a whole over the latest five-year window.
How many customers does Homer Electric Assn have in Alaska?
30,143 residential customers in 2025, across 1 county including Kenai Peninsula, 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)