Alaska Village Electric Cooperative

About Alaska Village Electric Cooperative

Alaska Village Electric Cooperative supplies electricity for 50 cities in the state. The company is an electric cooperative. There are a total of 11,510 customers receiving service from the company. These customers are made up of 32.99% commercial customers and 67.01% residential accounts. Alaska Village Electric Cooperative bills their patrons a residential electricity price of 66.54 cents per kilowatt hour on average, which is 179.91% above Alaska's average price of 23.77 cents and 322.23% more than the US average of 15.76 cents. The provider had total sales and disposition of 133,559 megawatt hours in 2022, of which 124,689 megawatt hours were via retail sales. Of the megawatt hours they sourced, 133,559 of them were produced by power plants owned by Alaska Village Electric Cooperative. Their total revenue in 2022 from electricity related activities was $60,772,400, with $60,171,800 from retail sales to end users.

The average residential electricity bill for a consumer of Alaska Village Electric Cooperative is $320.57 per month, while the state average is $142.92. Consumers of the supplier have a 131.26% markup compared to the rest of the state. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other providers. By total customers, Alaska Village Electric Cooperative is the 7th largest company out of 54 suppliers in the state. Electricity generation facilities managed by the provider use non-renewable fuel types to generate 100.00% of their total electricity production, or 118,201 megawatt hours. They rank 295th in the country out of 3526 suppliers.