Electricity rates in Fairbanks, AK
Fairbanks (32,325 people, Fairbanks North Star County) is served by 2 electric utilities. Homes on Golden Valley Electric Association pay about 34.71¢/kWh, 29% more than the Alaska average.
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Electric companies serving Fairbanks
| Utility | Type | Rate | Avg bill | Homes (statewide) | Outage min |
|---|---|---|---|---|---|
| Golden Valley Electric Association | Electric cooperative | 34.71¢ | $197 | 41K | 212 |
| G & K | Investor-owned utility | — | — | 122 | — |
Power outages in Fairbanks North Star County right now
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Outage history in Fairbanks North Star County
| 2024 | 2025 | |
|---|---|---|
| Outage minutes per customer | 519 | 174 |
| Days with outages | 59 | 48 |
| Most customers out at once | 8,406 (19%) | 11,338 (25.7%) |
| Worst day | 2024-10-22 | 2025-07-07 |
Outage minutes by month, 2025
Less outage time than 2024 (519 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.
Nearby cities
- College 34.7¢
- Farmers Loop 34.7¢
- Ester 34.7¢
- North Pole 34.7¢
- Eielson Air Force Base 34.7¢
- Salcha 34.7¢
- Healy 34.7¢
- Tok 41.2¢
- Willow 25.1¢
- Lazy Mountain 25.1¢
ZIP codes: 99701, 99706, 99707, 99708, 99709, 99710, 99711, 99712, 99775, 99790
Frequently asked questions
What is the electricity rate in Fairbanks?
Most homes in Fairbanks get power from Golden Valley Electric Association, where residential customers pay an average of 34.71¢/kWh including all charges. The Alaska average is 26.85¢ and the U.S. average 17.99¢.
What is the average electric bill in Fairbanks?
About $197 a month, based on 567 kWh a month (the average for Golden Valley Electric Association customers) at 34.71¢/kWh. Homes with electric heat, pools or EVs pay more.
Who is the electric company in Fairbanks, AK?
2 utilities serve Fairbanks's ZIP codes: Golden Valley Electric Association, G & K. Which one serves you depends on your street address.
How often does the power go out in Fairbanks?
In 2025, customers in Fairbanks North Star County averaged 2 hr 54 min without power. Outages hit 48 days of the year, and the worst day was 2025-07-07, when 11,338 customers (25.7%) were out. Source: ORNL EAGLE-I.