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Cost to run an electric water heater in Alaska (June 2026 rates)

At 28.21¢ per kilowatt-hour — Alaska's average residential price in June 2026 — running an electric water heater costs $987 a year. That is 54% more than the national average of $642. Alaska's residential rate is up 5.0% from June 2025, which moves this appliance from $940 to $987 a year.

Per day
$2.71
Per month
$82.28
Per year
$987

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.

How Alaska compares

Alaska pays 28.21¢/kWh, the 7th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $345 more a year than the typical U.S. household pays for the same use. Running the same electric water heater costs $459 a year in Nevada and $1,845 in Hawaii, so where you live changes this bill by $1,386 a year.

StateRatePer monthPer year
New Jersey24.95¢$72.77$873
New Hampshire27.01¢$78.78$945
Alaska28.21¢$82.28$987
Rhode Island29.23¢$85.25$1,023
New York29.49¢$86.01$1,032

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

Questions

How much does an electric water heater cost per month in Alaska?
About $82.28 a month, assuming 3,500 kWh a year at 28.21¢/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 7th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $642 a year.