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Cost to run a heat pump in Alaska (August 2026 rates)

At 29.41¢ per kilowatt-hour — Alaska's average residential price in August 2026 — running a heat pump costs $635 a year. That is 62% more than the national average of $392. Alaska's residential rate is up 5.8% from August 2025, which moves this appliance from $600 to $635 a year.

Per hour
42.4¢
Per day of use
$4.24
Per month
$52.94
Per year
$635

Assumption: 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year — 2,160 kWh a year. A mid-size ducted heat pump in heating mode. It moves heat rather than making it, delivering two to four units of heat per unit of electricity until the outdoor temperature drops far enough to trigger backup resistance strips. Use the calculator to swap in the numbers from your own model.

Related calculators: compare it against electric baseboard, and test a quote.

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 $243 more a year than the typical U.S. household pays for the same use. Running the same heat pump costs $275 a year in Nevada and $1,019 in Hawaii, so where you live changes this bill by $744 a year.

StateRatePer monthPer year
Rhode Island28.18¢$50.72$609
New York28.65¢$51.57$619
Alaska29.41¢$52.94$635
California29.75¢$53.55$643
Massachusetts30.48¢$54.86$658

States ranked by average residential price, cheapest first. See all 51 states for a heat pump.

What else costs about the same in Alaska

Cutting the number down

Questions

How much does a heat pump cost per month in Alaska?
About $52.94 a month, assuming 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year at 29.41¢/kWh.
How many kilowatt-hours does a heat pump use?
Roughly 2,160 kWh a year under these assumptions, or 1.44 kWh for every hour it runs.
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 $392 a year.