Alaska electricity prices eased in June, but not for households

Alaska's average electricity price fell in June. Residential rates moved two hundredths of a cent.

The statewide average dropped from 26.94 cents per kilowatt-hour in May to 24.27 cents, according to new figures from the U.S. Energy Information Administration. Nearly all of that came from the industrial sector, which fell from 31.36 cents to 21.02.

Residential power went from 28.23 cents to 28.21. Commercial fell from 23.71 to 23.42.

Against June 2025, every sector is higher. The overall figure was 24.27 cents this June against 23.49 a year ago.

Statewide sales also declined, from about 480.1 million kilowatt-hours in May to roughly 460.9 million in June, against 459 million a year earlier.

Matanuska Electric Association's cost of power adjustment, effective July 1, added about $14.53 to a typical monthly bill.

Rep. Donna Mears told the House Resources Committee in April that "energy prices will be going up for Alaska."