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Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales · How we got these numbers · Report an error

Homer Electric Assn Inc: rates, outages and net metering

Homer Electric Assn Inc is an cooperative utility serving 34,157 customer accounts in Alaska; 29,721 of them are residential. 2% of its home meters are advanced (AMI), against 74% across Alaska.

Homer Electric Assn Inc: 497 kWh a month costs roughly $148 in energy at 29.79 ¢/kWh, +20.0% on the Alaska average of 24.82 ¢.

2% of its home meters are advanced (AMI), against 74% across Alaska.

Homer Electric Assn Inc: smart meters and rate options

Home meters that are AMI
2%Alaska utilities overall: 74%

Metering is where Homer Electric Assn Inc differs: 538 of 29,546 home meters are AMI, 1.8%, place 4 of 4 Alaska utilities that report; the Alaska figure for all utilities is 74.1%. It does not offer a time-of-use rate to homes in the EIA filing.

How it compares

Homer Electric Assn Inc
Homer Electric Assn Inc, 2024HomeBusinessBillSAIDI
Homer Electric Assn Inc29.79 ¢/kWh26.39 ¢/kWh$148at 497 kWh257 minSAIDI
Alaska average against this company, which is 3 of 4 on priceLowest in this table-4.97 ¢/kWhcompany 20.0% above-4.82 ¢/kWhcompany 22.3% above-$25a month at 497 kWh-32 mincompany 32 above
Golden Valley Elec Assn Inc30.32 ¢/kWhcompany 1.8% below29.15 ¢/kWhcompany 9.5% below$1513 more than company225 mincompany 32 above

Compare 10 Alaska companies

Homer Electric Assn Inc: 2025

Homer Electric Assn Inc: +5.8% on 2024 for homes, Alaska +5.1%.

Homer Electric Assn Inc home price, 2025
31.51 ¢/kWh+5.8% on 2024, early release
Homer Electric Assn Inc SAIDI, 2025
239 min-7% on 2024, early release
Homer Electric Assn Inc against Alaska, 2025
+0.6 pointsHomer Electric Assn Inc +5.8%, Alaska +5.1%, price in Alaska 26.09 ¢

Homer Electric Assn Inc reported 31.51 ¢/kWh for homes in 2025, +5.8% on its 2024 figure of 29.79, while the Alaska average moved +5.1%. Its SAIDI is 239 minutes against 257 in 2024.

Carbon context

Homer Electric Assn Inc serves 29,721 homes in Alaska. At 497 kWh a month that is about 182 kg of CO₂, or 2,189 kg a year, at the Alaska plant rate, state generation and not this utility: Alaska generation mix.

Homer Electric Assn Inc charts

Residential price since 2015: 29.79 ¢ in 2024

25.26 ¢ in 2015, 29.79 ¢ in 2024 (+18.0%); Alaska 19.83 to 24.82 ¢.

Homer Electric Assn Inc residential price 2015-2024, 2015 to 2024: 10 rows
YearHomer Electric Assn IncGap to Alaska residentialGap to U.S. residential
201525.26+5.43+12.61
201625.68No data+13.13
201726.12+4.85+13.23
201826.94+5.00+14.07
201926.96+4.04+13.95
202028.73+6.16+15.58
202128.21+5.66+14.55
202228.53+5.43+13.49
202329.05+5.15+13.05
202429.79+4.97+13.31

10 rows from EIA retail sales.

CSV

Homer Electric Assn Inc SAIDI, 2015-2024

210 min in 2015, 257 in 2024.

Homer Electric Assn Inc SAIDI by year, 2015 to 2024: 10 rows
YearHomer Electric Assn In, no major eventsHomer Electric Assn In, all events
2015210346
2016187187
2017178249
2018147432
2019201858
2020214475
2021230721
2022288470
2023334851
2024257607

10 rows from EIA-861 survey.

CSV

Reliability: SAIDI 256.9 min

256.9 min, 2.58x the median reporter, rank 585 of 673.

min

  • Company, no major events256.9
  • Company, with major events606.5

Homer Electric Assn Inc, Reliability: EIA-861 survey.

CSV

Analyst note

From 25.26 ¢ in 2015 to 29.79 ¢ in 2024, a move of +18.0%: Homer Electric Assn Inc lagged its state (+25.2%) by 7.2 points, and -12.3 points against the U.S. Homer Electric Assn Inc's sharpest move came in 2020, +6.6%. The latest year is the high at 29.79 ¢; the low was 25.26 ¢ (2015). 2024: +2.5% here, +3.8% for the Alaska average. SAIDI at Homer Electric Assn Inc (major events excluded) rose from 210 minutes in 2015 to 257 in 2024, +23%; worst year 2023 at 334. Homer Electric Assn Inc filed SAIDI under the national median in 0 of 10 years; its 2024 figure was 257 minutes, +157 from that year's median. 2019: 858 minutes with major events, 201 without, the widest gap of any year. Homer Electric Assn Inc has 2 cheaper and 1 higher-priced Alaska peers among 4 with 20,000+ homes. Next cheaper, Matanuska Electric Assn Inc, bills 23.37 ¢ (-6.42). Next higher-priced, Golden Valley Elec Assn Inc, bills 30.32 ¢ (+0.53).

Pricier by 20.0% than Alaska and slower to restore, at 257 minutes or 2.6 times the median.

Home accounts at Homer Electric Assn Inc went from 26,757 in 2015 to 29,721 in 2024, +11.1%. Business customers paid 0.89 times the home price in 2024 (26.39 against 29.79 ¢); the ratio was 0.88 in 2015. SAIFI went from 2.21 in 2015 to 1.65 in 2024, between 0.84 and 2.36.

Facts

Customer accounts
34,1579.6% of Alaska total
Residential accounts
29,72110.0% of Alaska homes
Commercial accounts
4,41512.9% of the base
Residential rate
29.79 ¢/kWhplace 3 of 4, +20.0% against the state
Commercial rate
26.39 ¢/kWhplace 6 of 9, +22.3% against the state
SAIDI, no major events
256.9 minbetter than 13% of reporters
SAIFI, no major events
1.651.63x the median
SAIDI with major events
606.5 min57.6% from event days
Net-metered capacity
4.0 MW605 installations
Counties served
1all in Alaska
Average residential use
5,960 kWh/yr497 a month
Implied monthly bill
$148+$66 on the U.S. rate, 497 kWh
Residential rate since 2015
+18.0%25.26 to 29.79 ¢/kWh
SAIDI trend
+23%210 min in 2015, 257 in 2024

Data tables

2024 by sector, Homer Electric Assn Inc

Homer Electric Assn Inc sectorAccountsRate ¢/kWhGap to Alaska ¢/kWh
Residential29,72129.79+4.97
Commercial4,41526.39+4.82

Year by year, Homer Electric Assn Inc

YearHome accounts, Homer Electric Assn InHome ¢Business ¢RatioSAIDISAIFI
201526,75725.2622.170.882102.21
201627,10425.6822.680.881871.79
201727,37426.1222.850.871781.85
201827,68126.9423.390.871471.55
201927,96026.9623.340.872011.08
202028,23628.7325.500.892140.84
202128,60228.2124.870.882301.43
202228,99428.5325.040.882882.21
202329,37729.0525.640.883342.36
202429,72129.7926.390.892571.65

Peers of Homer Electric Assn Inc in Alaska, place 3 of 4 on home price

Utility near Homer Electric Assn Inc on priceSAIDI min, gap to Homer Electric Assn IncHome ¢, gap to Homer Electric Assn IncGap % to Homer Electric Assn IncAccounts, Homer Electric Assn Inc = 1
1. Chugach Electric Assn Inc-132-8.56-28.7%3.32
2. Matanuska Electric Assn Inc+1-6.42-21.6%2.08
3. Homer Electric Assn Inc (this utility)25729.79-1.00
4. Golden Valley Elec Assn Inc-32+0.53+1.8%1.41

Who buys Homer Electric Assn Inc's electricity

Class at Homer Electric Assn IncAccountsOf Homer Electric Assn Inc accountsOf Homer Electric Assn Inc MWh soldkWh a year per Homer Electric Assn Inc account
Residential29,72187.0%36.3%5,960
Commercial4,41512.9%32.9%36,415
Industrial and other210.06%30.8%7,157,190

Homer Electric Assn Inc among Alaska cooperatives

Homer Electric Assn Inc and its neighbours on priceSAIDI min, gap to Homer Electric Assn IncHome ¢, gap to Homer Electric Assn IncAccounts, Homer Electric Assn Inc = 1
1. Chugach Electric Assn Inc (AK)-132-8.563.32
2. Matanuska Electric Assn Inc (AK)+1-6.422.08
3. Homer Electric Assn Inc (AK, this utility)25729.791.00
4. Golden Valley Elec Assn Inc (AK)-32+0.531.41

Homer Electric Assn Inc: meters, rate options and solar

MeasureHomer Electric Assn IncAlaska contextHomer Electric Assn Inc detail
Homer Electric Assn Inc home meters on AMI1.8%Alaska 74.1%538 of 29,546 meters
Home meters, AMR (drive-by read)28,975Alaska figure not published98.1% of meters
Time-of-use rate for Homer Electric Assn Inc homesNot on file2 of 2 Alaska utilities offer oneno dynamic-pricing count filed by Homer Electric Assn Inc
Net-metered installations60590% residential18.3 homes per 1,000 accounts, 6.6 kW average

Monthly energy cost by use, Homer Electric Assn Inc

kWhShare of a 497 kWh monthCost a month at 29.79 ¢vs U.S.Cost a year
25050%$74.48+$33.28$894
500101%$148.96+$66.56$1,787
750151%$223.44+$99.84$2,681
1,000201%$297.91+$133.11$3,575
1,500302%$446.87+$199.67$5,362
2,000403%$595.83+$266.23$7,150

Outage record, Homer Electric Assn Inc

Measure, Homer Electric Assn No eventsAll eventsConverted
SAIDI minutes256.9606.54.28 h
SAIFI interruptions1.6502.6300.61 yr apart
CAIDI minutes155.7230.62.59 h

Territory of Homer Electric Assn Inc

1 Alaska counties, region AK:

Counties served by Homer Electric Assn IncKenai Peninsula

Alaska other states: 1 of 1 county of Homer Electric Assn Inc drawn

Homer Electric Assn Inc: 1 county listed by EIA-861, Census 2023 outlines.

CSV
County list
  • Kenai Peninsula

Questions on Homer Electric Assn Inc

How many customers does Homer Electric Assn Inc serve in Alaska?

34,157 accounts in 2024: residential 29,721, commercial 4,415, industrial 21.

What is the average residential rate of Homer Electric Assn Inc?

In 2024 homes paid 29.79 cents; against the Alaska average that is +20.0%.

How reliable is Homer Electric Assn Inc by SAIDI and SAIFI?

SAIDI 256.9 min and SAIFI 1.65 a year, major events excluded; ratio to the national median 2.58, CAIDI 156 min.

How much solar net metering is on the Homer Electric Assn Inc grid?

605 installations with 4.0 MW, of which residential installations number 545.

What is the monthly bill at Homer Electric Assn Inc for average use?

497 kWh at 29.79 cents comes to about $148, energy only.

How does Homer Electric Assn Inc rank on price within Alaska?

Rank 3 of 4 in Alaska on price, +20.0% against the state average; 2 charge less than 29.79 ¢.

What share of Homer Electric Assn Inc sales do homes buy?

Homes take 36.3% of 488,211 MWh, commercial accounts 32.9%, industrial and other 30.8%; the 4,415 commercial accounts use 36,415 kWh each, 6.1 times a home.

At Homer Electric Assn Inc, are smart meters in homes, with a TOU option?

538 of 29,546 home meters are AMI, 1.8%. Homer Electric Assn Inc reports no home time-of-use rate; 2 of 2 Alaska filers do.

Has Homer Electric Assn Inc moved up the Alaska price list since 2015?

4th cheapest of 4 in 2015, 3rd of 4 in 2024; its price rose 18.0% while Alaska rose 25.2%.

How does Homer Electric Assn Inc compare with 3 similar utilities?

Place 3 of 4 on home price at 29.79 ¢ (Alaska cooperatives); median 26.58 ¢, cheapest member 21.24 ¢.

What did Homer Electric Assn Inc charge homes in 2025?

31.51 cents per kWh, +5.8% on the 29.79 of 2024 (EIA early release for 2025).

Utilities with a similar home price

Home prices nearest to Homer Electric Assn Inc at 29.79 ¢/kWh in 2024, among companies with a page here, any state.

More on Homer Electric Assn Inc

Rate plans on file

1 home plan record, energy charges: 22.7 ¢/kWh.

Who offers time-of-use and tiered rates (17 Apr 2026 snapshot).

Primary sources for Homer Electric Assn Inc: rates, outages and net metering

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Homer Electric Assn Inc: 497 kWh a month costs roughly $148 in energy at 29.79 ¢/kWh, +20.0% on the Alaska average of 24.82 ¢.