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Cost to run an electric water heater in Alaska (August 2026 rates)
At 29.41¢ per kilowatt-hour — Alaska's average residential price in August 2026 — running an electric water heater costs $1,029 a year. That is 62% more than the national average of $636. Alaska's residential rate is up 5.8% from August 2025, which moves this appliance from $973 to $1,029 a year.
- Per day
- $2.82
- Per month
- $85.78
- Per year
- $1,029
Assumption: 3,500 kWh a year. A 50-gallon resistance tank for a household of three or four. This is typically the largest or second-largest electric load in a home without electric heat. Use the calculator to swap in the numbers from your own model.
Related calculators: work out whether a heat-pump water heater pays back.
How Alaska compares
Alaska pays 29.41¢/kWh, the 5th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $394 more a year than the typical U.S. household pays for the same use. Running the same electric water heater costs $445 a year in Nevada and $1,651 in Hawaii, so where you live changes this bill by $1,206 a year.
| State | Rate | Per month | Per year |
|---|---|---|---|
| Rhode Island | 28.18¢ | $82.19 | $986 |
| New York | 28.65¢ | $83.56 | $1,003 |
| Alaska | 29.41¢ | $85.78 | $1,029 |
| California | 29.75¢ | $86.77 | $1,041 |
| Massachusetts | 30.48¢ | $88.90 | $1,067 |
States ranked by average residential price, cheapest first. See all 51 states for an electric water heater.
What else costs about the same in Alaska
Cutting the number down
- A heat-pump water heater does the same job for roughly a third of the electricity, which is why it usually pays back faster than any other upgrade in the house.
- Dropping the setpoint from 140 F to 120 F cuts standby losses and scalding risk at once.
- An insulating blanket on an older tank pays for itself in a season; check the manufacturer's guidance first.
Questions
- How much does an electric water heater cost per month in Alaska?
- About $85.78 a month, assuming 3,500 kWh a year at 29.41¢/kWh.
- How many kilowatt-hours does an electric water heater use?
- Roughly 3,500 kWh a year under these assumptions.
- Is that expensive compared with other states?
- Alaska has the 5th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $636 a year.