Golden Valley Elec Assn Inc Electricity Rate per kWh (2024 EIA Data)
Cooperative|EIA utility 7353|Alaska|Bundled
In 2024, Golden Valley Elec Assn Inc's residential customers paid an average of 30.32 cents per kWh: $88 million of revenue over 288,667 MWh of sales across 40,675 bundled residential customers, as reported to EIA on Form 861.
How the 30.32c figure is calculated
30.32c/kWh = $87,531k revenue / 288,667 MWh x 100. This is EIA's average realised price for 2024: everything Golden Valley Elec Assn Inc billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $303 before taxes.
About Golden Valley Elec Assn Inc's 2024 electricity prices
Golden Valley Elec Assn Inc is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 7353. In 2024 it served 40,675 bundled residential customers in Alaska, and its average realised residential price was 30.32 cents per kWh: $88 million of residential revenue divided by 288,667 MWh of residential sales.
Across the other sectors, Golden Valley Elec Assn Inc's 2024 average prices were 29.15 cents for commercial customers (6,905 accounts) and 21.90 cents for industrial customers (583 accounts). Industrial customers paid 8.42 cents less per kWh than households, a 28% discount that is typical of high-volume, high-voltage service.
Within Alaska, Golden Valley Elec Assn Inc ranked number 3 of 11 utilities with bundled or delivery service by residential accounts served (40,675) and accounted for 13.94% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 24.82 cents per kWh, so Golden Valley Elec Assn Inc's customers paid 5.50 cents above the Alaska average (+22.2%). For context, EIA's latest monthly figure for Alaska is 28.21 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.
EIA's service-territory file places Golden Valley Elec Assn Inc in 4 Alaska counties: Denali, Fairbanks North Star, Southeast Fairbanks, and Yukon Koyukuk. On the grid side it operates in the AK NERC region, and reported generation, transmission, buying transmission, and distribution as its activities.
EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 31.47 cents per kWh for Golden Valley Elec Assn Inc in Alaska across 40,931 residential customers, 1.15 cents higher than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.
The nearest other utilities in Alaska by service-territory centroid are Matanuska Electric Assn Inc (191.4 miles away, 23.37 cents), Alaska Power and Telephone Co (199.2 miles away, 37.18 cents), Chugach Electric Assn Inc (267.8 miles away, 21.24 cents), Alaska Village Elec Coop, Inc (307.6 miles away, 69.95 cents), and Homer Electric Assn Inc (313.3 miles away, 29.79 cents).
| Sector | Customers | Sales (MWh) | Revenue ($k) | Avg c/kWh |
|---|---|---|---|---|
| Residential | 40,675 | 288,667 | 87,531 | 30.32 |
| Commercial | 6,905 | 118,991 | 34,685 | 29.15 |
| Industrial | 583 | 819,779 | 179,535 | 21.90 |
Counties served in Alaska (4)
From the EIA-861 Service Territory file; a listed county can be served in part only.
2025 early release (preliminary, not validated by EIA)
Residential price in Alaska: 31.47c/kWh (+1.15c vs 2024 final), 40,931 residential customers; commercial 30.24c; industrial 21.87c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.
Nearby and comparable utilities in Alaska
- EIA utility number
- 7353
- Ownership type
- Cooperative
- Data year
- 2024 final (EIA-861)
- Primary state
- Alaska
- Service type
- Bundled (Part A)
- Bundled residential customers (AK, price basis)
- 40,675
- Residential accounts served (AK)
- 40,675
- All accounts, all sectors (AK)
- 48,163
- Residential price, 2024
- 30.32 c/kWh
- Commercial price, 2024
- 29.15 c/kWh
- Industrial price, 2024
- 21.90 c/kWh
- Residential sales
- 288,667 MWh
- Residential revenue
- $88 million
- Rank in Alaska by residential accounts served
- 3 of 11
- Share of Alaska residential sales (MWh, not customers)
- 13.94%
- Alaska average, 2024
- 24.82 c/kWh
- Counties served (AK)
- 4
- NERC region
- AK
- Reported activities
- Generation, Transmission, Buying Transmission, Distribution
- 2025 early release (preliminary)
- 31.47 c/kWh
- Change vs 2024 final
- +1.15 c/kWh
- Registry status
- Reported on Form EIA-861 for 2024
Realised price times usage; fixed charges are already inside the average. Bill calculator ->
Annual averages hide seasonal and tariff differences. Diagnose a high bill or model time-of-use pricing.
Bill Diagnostic ->Time-of-Use Guide ->Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.
Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].