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

At 28.83¢ per kilowatt-hour — Alaska's average residential price in July 2026 — running a heat pump costs $623 a year. That is 57% more than the national average of $395. Alaska's residential rate is up 5.6% from July 2025, which moves this appliance from $590 to $623 a year.

Per hour
41.5¢
Per day of use
$4.15
Per month
$51.89
Per year
$623

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 28.83¢/kWh, the 6th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $227 more a year than the typical U.S. household pays for the same use. Running the same heat pump costs $275 a year in Louisiana and $1,037 in Hawaii, so where you live changes this bill by $762 a year.

StateRatePer monthPer year
New Hampshire26.60¢$47.88$575
Rhode Island28.29¢$50.92$611
Alaska28.83¢$51.89$623
New York29.90¢$53.82$646
Massachusetts30.49¢$54.88$659

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 $51.89 a month, assuming 2,400 W at a 60% duty cycle, 10 hours a day, 150 days a year at 28.83¢/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 6th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $395 a year.