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Homer Electric Association electricity rates

Electric cooperative · Alaska · AK region

Residential rate
32.14¢
per kWh incl. all charges
Avg. monthly bill
$152
474 kWh/month
vs. Alaska
+20%
state avg 26.85¢
Homes served
30K
13th cheapest of 24 in AK
Outage time
13 hr 25 min
per customer, 2025

Homer Electric Association is a member-owned electric cooperative, so its customers own it and elect its board, serving 30,143 homes in Alaska. Its residential customers pay an average of 32.14¢/kWh including fixed and delivery charges, 79% more than the U.S. average.

Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.

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Homer Electric Association bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$160.70$128.33
1,000 kWh$321.40$241.66
1,500 kWh$482.10$354.99
2,000 kWh$642.80$468.32

*Residential Customers (effective 2015-07-01, $15.00/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.

Homer Electric Association residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential Customers2015-07-01$15.00 22.67¢

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

Homer Electric Association rate history

Homer Electric Association monthly average residential price 22¢25¢29¢33¢37¢ 23/0824/0124/0624/1125/0425/0926/0226/07 23/08: 29¢23/09: 29¢23/10: 30¢23/11: 29¢23/12: 29¢24/01: 28¢24/02: 27¢24/03: 30¢24/04: 31¢24/05: 29¢24/06: 30¢24/07: 33¢24/08: 28¢24/09: 30¢24/10: 32¢24/11: 31¢24/12: 30¢25/01: 29¢25/02: 28¢25/03: 33¢25/04: 31¢25/05: 32¢25/06: 34¢25/07: 33¢25/08: 32¢25/09: 32¢25/10: 33¢25/11: 33¢25/12: 30¢26/01: 30¢26/02: 30¢26/03: 33¢26/04: 31¢26/05: 33¢26/06: 35¢26/07: 35¢
Homer Electric AssociationAlaska avg
Homer Electric Association annual average residential price 18¢22¢26¢29¢33¢ 2015201720202021202320242025 2015: 25¢2017: 26¢2020: 29¢2021: 28¢2023: 29¢2024: 30¢2025: 32¢
Homer Electric AssociationAlaska avg

2015–2025: +25% change in the average residential rate (25.26¢ → 31.51¢). Annual EIA-861 data.

Outages & reliability

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Checking live outages…

Reliability history

2025Homer Electric AssociationAlaska avgU.S. avg
Outage minutes per customer (SAIDI)805541266
Outages per customer (SAIFI)3.363.201.34
Average restoration time (CAIDI)3 hr 60 min——
Outage minutes excluding major storms239229121
Homer Electric Association outage minutes per customer by year 62282503723943 201520172019202120232025 2015: 3462016: 1872017: 2492018: 4322019: 8582020: 4752021: 7212022: 4702023: 8512024: 6072025: 805
With major eventsExcluding major events

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 Homer Electric Association's counties, customers averaged 11 hr 18 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Kenai Peninsula6785615,0292025-10-31

Homer Electric Association service area

Homer Electric Association serves Kenai Peninsula County in Alaska and 13 ZIP codes.

Counties served by Homer Electric Association

Kenai Peninsula

Cities: Kalifornsky, Kenai, Sterling, Homer, Soldotna, Nikiski, Ridgeway, Anchor Point, Cohoe, Funny River

Programs, smart meters & solar

Smart meters (AMI) for homes2%
Time-based rate programsNone reported
Net-metered solar homes597

Homer Electric Association at a glance

OwnershipElectric cooperative
ServicesGeneration, Distribution
Commercial rate28.74¢/kWh
Industrial rate15.09¢/kWh
Retail revenue (2025)$120,088,200
Electricity sold (2025)480,762 MWh
Peak demand72 MW summer · 73 MW winter
Power from own generation0% (rest purchased)
Line losses5.1%
EIA utility ID19558

Other utilities in Alaska

Compare all Alaska electric companies →

Frequently asked questions

What is Homer Electric Association's electricity rate?

Homer Electric Association residential customers pay an average of 32.14¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 20% above the Alaska average of 26.85¢ and 79% above the U.S. average.

What is the average Homer Electric Association electric bill?

About $152 a month. The average Homer Electric Association home uses 474 kWh a month. At 1,000 kWh the bill would be about $321.

How many customers does Homer Electric Association have?

Homer Electric Association serves 30,143 residential customers and 34,600 customers in total in Alaska, across 1 county.

How reliable is Homer Electric Association?

In 2025, the average Homer Electric Association customer was without power for 13 hr 25 min (SAIDI) over 3.36 interruptions (SAIFI), including major storms. Excluding major event days it was 3 hr 59 min. The Alaska average was 9 hr 1 min and the U.S. average 4 hr 26 min.

Does Homer Electric Association offer net metering for solar?

Homer Electric Association had 597 residential net-metered customers in 2025 with 3.4 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 Homer Electric Association before making decisions.