Golden Valley Elec Assn Inc
Cooperative electric utility · Alaska · #368 of 3,199 U.S. utilities by customers · EIA utility #7353
Golden Valley Elec Assn Inc is a cooperative electric utility serving 48,554 customers in Alaska. In 2025 it sold 1,270 gigawatt-hours of electricity for $314.37M in revenue, an average realized rate of 24.75¢ per kWh across all customer classes and 31.47¢ per kWh for residential customers. Its reported service territory covers 4 counties. EIA records its activities as: generation, transmission, buying transmission, distribution.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 40,931 | 279 | $87.67M | 31.47¢ | |
| Commercial | 7,021 | 116 | $35.22M | 30.24¢ | |
| Industrial | 602 | 875 | $191.48M | 21.87¢ | |
| Total | 48,554 | 1,270 | $314.37M | 24.75¢ |
Average realized rate = revenue divided by sales as reported on EIA Form 861. It blends fixed charges, demand charges and riders into one per-kWh figure; it is not the utility's tariff rate. Estimated residential bill assumes the average residential customer's actual 2025 usage (567 kWh/month).
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 47,426 | 1,196 | $253.25M | 26.89¢ |
| 2022 | 47,669 | 1,244 | $282.56M | 28.63¢ |
| 2023 | 47,923 | 1,233 | $289.94M | 29.67¢ |
| 2024 | 48,163 | 1,227 | $301.75M | 30.32¢ |
| 2025 | 48,554 | 1,270 | $314.37M | 31.47¢ |
Reliability (2025)
Average outage time (SAIDI): 212 minutes per customer per year
Average outages (SAIFI): 1.96 per customer
Average restoration time (CAIDI): 108 minutes
As reported for Alaska under the IEEE standard, with major event days included where the standard reports them. Lower is better; see the reliability rankings.
Energy supply (2025)
Net generation: 1,112 GWh
Wholesale power purchased: 241 GWh
Winter peak demand: 216 MW
Energy losses: 5.0% of energy handled
Meters & rooftop solar (2025)
Smart (AMI) meters: 100.0% of 48,554 meters
Customer-sited generation (net metering): 992 installations, 5.9 MW of capacity
Counties served
Denali, AKFairbanks North Star, AKSoutheast Fairbanks, AKYukon Koyukuk, AK
Other large utilities in Alaska
- Chugach Electric Assn Inc - 114,163 customers, residential 22.97¢
- Matanuska Electric Assn Inc - 72,296 customers, residential 24.54¢
- Homer Electric Assn Inc - 34,600 customers, residential 31.51¢
- Alaska Electric Light & Power Co. - 18,166 customers, residential 13.73¢
- Alaska Village Elec Coop, Inc - 11,487 customers, residential 65.93¢
- Alaska Power and Telephone Co - 8,536 customers, residential 41.78¢
- Ketchikan Public Utilities - 8,030 customers, residential 13.88¢
- Kodiak Electric Assn Inc - 6,337 customers, residential 19.47¢
All Alaska utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #7353 in the EIA frame.