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Comprehensive Local Electricity Guide

Fairbanks Electricity Rates

Commercial Electricity in Fairbanks

^ The average commercial electricity rate in Fairbanks, AK is 22.59¢/kWh.[1]

Residential Electricity in Fairbanks

^ The average residential electricity rate in Fairbanks, AK is 24.22¢/kWh.[1]

Industrial Electricity in Fairbanks

^ The average industrial electricity rate in Fairbanks, AK is 18.8¢/kWh.[1]

AK Electricity

Fairbanks, AK Electricity Statistics

Commercial electricity rates in Fairbanks


  • Commercial Electricity in Fairbanks
    • The average commercial electricity rate in Fairbanks is 22.59¢/kWh.[1]
    • This average (commercial) electricity rate in Fairbanks is 51.31% greater than the Alaska average rate of 14.93¢/kWh.[2]
    • The average (commercial) electricity rate in Fairbanks is 123.89% greater than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.[2]

Residential electricity rates in Fairbanks


  • Residential Electricity in Fairbanks
    • The average residential electricity rate in Fairbanks is 24.22¢/kWh.[1]
    • This average (residential) electricity rate in Fairbanks is 35.46% greater than the Alaska average rate of 17.88¢/kWh.[2]
    • The average (residential) electricity rate in Fairbanks is 103.87% greater than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.[2]

Industrial electricity rates in Fairbanks


  • Industrial Electricity in Fairbanks
    • The average industrial electricity rate in Fairbanks is 18.8¢/kWh.[1]
    • This average (industrial) electricity rate in Fairbanks is 11.77% greater than the Alaska average rate of 16.82¢/kWh.[2]
    • The average (industrial) electricity rate in Fairbanks is 181.86% greater than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.[2]
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Alaska Electricity Rates & Consumption

Commercial electricity in Alaska


  • Commercial electricity rates in AK [3]
    • The average commercial electricity rate in Alaska is 14.93¢/kWh, which ranks 3rd in the nation and is 47.97% greater than the national average rate of 10.09¢/kWh.[3]
  • Commercial electricity consumption in AK [3]
    • Commercial electricity consumption in Alaska averages 4,911 kWh/month, which ranks 41st in the nation and is 21.27% less than the national average of 6,238 kWh/month.
  • Commercial electricity bills in AK [3]
    • The average monthly commercial electricity bill in Alaska is $733, which ranks 10th in the nation and is 16.53% greater than the national average of $629.
  • electricity Learn more about commercial electricity in Alaska

Residential electricity in Alaska


  • Residential electricity rates in Alaska [3]
    • The average residential electricity rate in Alaska is 17.88¢/kWh, which ranks 2nd in the nation and is 50.51% greater than the national average rate of 11.88¢/kWh.
  • Residential electricity consumption in AK [3]
    • Residential electricity consumption in Alaska averages 654 kWh/month, which ranks 43rd in the nation and is 27.57% less than the national average of 903 kWh/month.
  • Residential electricity bills in AK [3]
    • The average monthly residential electricity bill in Alaska is $117, which ranks 15th in the nation and is 9.35% greater than the national average of $107 per month.
  • electricity Learn more about residential electricity in Alaska

Industrial electricity in Alaska


  • Industrial electricity rates in Alaska [3]
    • The average industrial electricity rate in Alaska is 16.82¢/kWh, which ranks 2nd in the nation and is 152.17% greater than the national average rate of 6.67¢/kWh.
  • Industrial electricity consumption in AK [3]
    • Industrial electricity consumption in Alaska averages 91,131 kWh/month, which ranks 27th in the nation and is 18.75% less than the national average of 112,158 kWh/month.
  • Industrial electricity bills in AK [3]
    • The average monthly industrial electricity bill in Alaska is $15,329, which ranks 14th in the nation and is 104.85% greater than the national average of $7,483.
  • electricity Learn more about industrial electricity in Alaska

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Household Income in Fairbanks, AK

Fairbanks, AK Income Breakdown [4]


Income Summary for Fairbanks, AK


    • Household income: The city of Fairbanks has a median household income of $24,579, versus $58,522 for the U.S.[4]
    • Compared to the U.S.: Median household income in Fairbanks is approximately 58 percent less than the median income for the entire United States.[4]
    • Poverty level: Approximately 9 percent of Fairbanks households have incomes below poverty level.[4]
    • Electric bills: The average residential electricity bill in Alaska is about $117/month, ranking 15th in the U.S. and 9.35% greater than the national average of $107.[5]

Income: Fairbanks vs. Nation [4]


Additional information about Fairbanks

About Fairbanks

Fairbanks is a city located in Fairbanks North Star County in the state of Alaska, and has a population of approximately 31,535.[6]

AK Electricity

More about Fairbanks utilities

For more information about Fairbanks electricity, or for additional resources regarding electricity & utilities in your state, visit the Energy Information Administration.

Did you know?

Electricity rates in Hawaii are typically more than three times the national average rate.

Additional Cities in AK

References

1. ^ National Renewable Energy Laboratory

2. ^ U.S. Department of Energy

3. ^ U.S. Energy Information Administration (2012)

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau