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Cost to run an electric water heater in Alaska (July 2026 rates)
At 28.83¢ per kilowatt-hour — Alaska's average residential price in July 2026 — running an electric water heater costs $1,009 a year. That is 57% more than the national average of $641. Alaska's residential rate is up 5.6% from July 2025, which moves this appliance from $956 to $1,009 a year.
- Per day
- $2.76
- Per month
- $84.09
- Per year
- $1,009
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 28.83¢/kWh, the 6th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $368 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 Louisiana and $1,680 in Hawaii, so where you live changes this bill by $1,235 a year.
| State | Rate | Per month | Per year |
|---|---|---|---|
| New Hampshire | 26.60¢ | $77.58 | $931 |
| Rhode Island | 28.29¢ | $82.51 | $990 |
| Alaska | 28.83¢ | $84.09 | $1,009 |
| New York | 29.90¢ | $87.21 | $1,046 |
| Massachusetts | 30.49¢ | $88.93 | $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 $84.09 a month, assuming 3,500 kWh a year at 28.83¢/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 6th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $641 a year.