Is electricity expensive in Alaska?

Alaska's residential average of 28.2¢/kWh is 54% above the U.S. average of 18.3¢/kWh, ranking 45 of 51 jurisdictions (1 = cheapest).

What's the cheapest electric water heater to run in Alaska?

Among currently certified models, the Eco-Logical OMNI-50HP1-1A costs the least at about $192 a year at Alaska rates (681 kWh/yr).

How does Alaska compare with other states?

The same median electric water heater costs $159 a year in Nevada (the cheapest state) and $638 in Hawaii (the priciest). Alaska sits at $341.

Data through June 2026

Cost to run · Alaska · 28.2¢/kWh residential average

How much does it cost to run an electric water heater in Alaska?

$341/yr · median certified model

Electricity in Alaska is genuinely expensive — 28.2¢/kWh, 54% above the national average — so the median certified electric water heater costs about $341 a year, and efficiency differences between models turn into real money.

Alaska ranks 45 of 51 jurisdictions for electric water heater running costs — solidly mid-table. Model choice matters as much as geography: at Alaska rates the most efficient certified model (Eco-Logical OMNI-50HP1-1A) costs $192 a year while the most power-hungry (Smart Solar SSG2-ES 120) costs $491 — a spread of $299 every year. For reference, the national extremes are Nevada (13.1¢/kWh) and Hawaii (52.7¢/kWh); the same median electric water heater would cost $159 and $638 a year there.

Alaska

$341

US average

$222

Nevada

$159

Hawaii

$638

Median certified electric water heater (1,210 kWh/yr) per year, at each rate

The cheapest water heaters (electric) to run at Alaska rates

Top 10 by certified kWh, priced at 28.2¢/kWh
#	Model	kWh/yr	$/yr in AK
1	Eco-Logical OMNI-50HP1-1A	681	$192
2	GE Profile PF40S10FPY01	724	$204
3	Eco-Logical OMNI-50HP2-1A	769	$217
4	GE Profile PH40S10BPY01	773	$218
5	Friedrich PROH40 T0 FD120-M	780	$220
6	Friedrich PROH40 T0 FD120-MSO	780	$220
7	Rheem PROPH40 T0 RH120-M	780	$220
8	Rheem PROPH40 T0 RH120-MSO	780	$220
9	Rheem XE40T10HM00U0	780	$220
10	Rheem XE40T10HMS00U0	780	$220

Price any model at Alaska rates

Your rate, your numbers

Annual use (kWh)

Electricity rate

Per day: 94¢
Per month: $28.45
Per year: $341

1,210 kWh/yr × 28.2¢/kWh = $341/yr

Prefilled with the median certified electric water heater (1,210 kWh/yr). Every model page on this site carries its exact certified figure.

Questions, answered with the data

How much does it cost to run an electric water heater in Alaska?: About $341 a year for the median ENERGY STAR certified electric water heater, at Alaska's average residential rate of 28.2¢/kWh — that's $28.45 a month.
Is electricity expensive in Alaska?: Alaska's residential average of 28.2¢/kWh is 54% above the U.S. average of 18.3¢/kWh, ranking 45 of 51 jurisdictions (1 = cheapest).
What's the cheapest electric water heater to run in Alaska?: Among currently certified models, the Eco-Logical OMNI-50HP1-1A costs the least at about $192 a year at Alaska rates (681 kWh/yr).
How does Alaska compare with other states?: The same median electric water heater costs $159 a year in Nevada (the cheapest state) and $638 in Hawaii (the priciest). Alaska sits at $341.

Keep digging

Rate source: US EIA, average residential price of electricity, see methodology.