Golden Valley Electric Association electricity rates
Electric cooperative · Alaska · AK region
Golden Valley Electric Association is a member-owned electric cooperative, so its customers own it and elect its board, serving 40,931 homes in Alaska. Its residential customers pay an average of 34.71¢/kWh including fixed and delivery charges, 93% more than the U.S. average.
Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.
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Golden Valley Electric Association bill estimates
| Monthly use | At average all-in rate | Base tariff charges* |
|---|---|---|
| 500 kWh | $173.55 | $168.34 |
| 1,000 kWh | $347.10 | $319.17 |
| 1,500 kWh | $520.65 | $470.01 |
| 2,000 kWh | $694.20 | $620.84 |
*Residential (effective 2016-11-30, $17.50/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.
Golden Valley Electric Association residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| Residential | 2016-11-30 | $17.50 | 30.17¢ |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
Golden Valley Electric Association rate history
2015–2025: +49% change in the average residential rate (21.15¢ → 31.47¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | Golden Valley Electric Association | Alaska avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 212 | 541 | 266 |
| Outages per customer (SAIFI) | 1.96 | 3.20 | 1.34 |
| Average restoration time (CAIDI) | 108 min | — | — |
| Outage minutes excluding major storms | 212 | 229 | 121 |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Golden Valley Electric Association's counties, customers averaged 3 hr 58 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Denali | 2,451 | 39 | 859 | 2025-06-19 |
| Southeast Fairbanks | 506 | 16 | 2,390 | 2025-07-07 |
| Yukon Koyukuk | 245 | 14 | 408 | 2025-12-24 |
| Fairbanks North Star | 174 | 48 | 11,338 | 2025-07-07 |
Golden Valley Electric Association service area
Golden Valley Electric Association serves 4 counties in Alaska and 37 ZIP codes.
Denali, Fairbanks North Star, Southeast Fairbanks, Yukon Koyukuk
Cities: Fairbanks, College, Palmer, Farmers Loop, Eielson Air Force Base, Ester, North Pole, Lazy Mountain, Salcha, Healy
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Customers with daily usage data online | 40,931 |
| Time-based rate programs | None reported |
| Net-metered solar homes | 896 |
Golden Valley Electric Association at a glance
| Ownership | Electric cooperative |
| Services | Generation, Transmission, Distribution |
| Commercial rate | 31.11¢/kWh |
| Industrial rate | 22.51¢/kWh |
| Retail revenue (2025) | $314,365,300 |
| Electricity sold (2025) | 1,270,410 MWh |
| Peak demand | 176 MW summer · 216 MW winter |
| Power from own generation | 82% (rest purchased) |
| Line losses | 5.0% |
| EIA utility ID | 7353 |
Other utilities in Alaska
Frequently asked questions
What is Golden Valley Electric Association's electricity rate?
Golden Valley Electric Association residential customers pay an average of 34.71¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 29% above the Alaska average of 26.85¢ and 93% above the U.S. average.
What is the average Golden Valley Electric Association electric bill?
About $197 a month. The average Golden Valley Electric Association home uses 567 kWh a month. At 1,000 kWh the bill would be about $347.
How many customers does Golden Valley Electric Association have?
Golden Valley Electric Association serves 40,931 residential customers and 48,554 customers in total in Alaska, across 4 counties.
How reliable is Golden Valley Electric Association?
In 2025, the average Golden Valley Electric Association customer was without power for 3 hr 32 min (SAIDI) over 1.96 interruptions (SAIFI), including major storms. Excluding major event days it was 3 hr 32 min. The Alaska average was 9 hr 1 min and the U.S. average 4 hr 26 min.
Does Golden Valley Electric Association offer net metering for solar?
Golden Valley Electric Association had 896 residential net-metered customers in 2025 with 4.9 MW of capacity. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Golden Valley Electric Association before making decisions.