Electricity Rates in Lake minchumina, AK
Electricity rates in Lake minchumina, AK average 30.0¢/kWh — 68.7% above the national average of 17.78¢/kWh. Golden Valley Elec Assn Inc is the primary electricity provider in the area.
Electricity Providers in Lake minchumina
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Golden Valley Elec Assn Inc | 30.0¢/kWh | 29.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 30.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lake minchumina
At 30.0¢/kWh, a typical Lake minchumina household spends approximately $3189.60/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Lake minchumina
Charging an electric vehicle at home in Lake minchumina costs approximately $270.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Alaska
Frequently Asked Questions
What is the average electricity rate in Lake minchumina, AK?
The average residential electricity rate in Lake minchumina, AK is 30.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $265.80 for a typical household.
Who provides electricity in Lake minchumina?
Lake minchumina is served by 1 electricity provider. Golden Valley Elec Assn Inc is the largest provider in the area.
How do Lake minchumina electricity rates compare to the rest of Alaska?
Lake minchumina's average rate of 30.0¢/kWh is 33.3% below the Alaska state average of 45.0¢/kWh. Residents enjoy some of the lower rates in the state.