Homer Electric Assn Inc
Cooperative electric utility · Alaska · #485 of 3,199 U.S. utilities by customers · EIA utility #19558
Homer Electric Assn Inc is a cooperative electric utility serving 34,600 customers in Alaska. In 2025 it sold 481 gigawatt-hours of electricity for $120.09M in revenue, an average realized rate of 24.98¢ per kWh across all customer classes and 31.51¢ per kWh for residential customers. Its reported service territory covers 1 counties. EIA records its activities as: generation, buying transmission, distribution.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 30,143 | 172 | $54.05M | 31.51¢ | |
| Commercial | 4,436 | 156 | $43.57M | 27.93¢ | |
| Industrial | 21 | 153 | $22.47M | 14.66¢ | |
| Total | 34,600 | 481 | $120.09M | 24.98¢ |
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 (474 kWh/month).
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 32,954 | 461 | $104.36M | 28.21¢ |
| 2022 | 33,425 | 453 | $104.05M | 28.53¢ |
| 2023 | 33,816 | 453 | $106.69M | 29.06¢ |
| 2024 | 34,157 | 488 | $113.85M | 29.79¢ |
| 2025 | 34,600 | 481 | $120.09M | 31.51¢ |
Reliability (2025)
Average outage time (SAIDI): 805 minutes per customer per year
Average outages (SAIFI): 3.36 per customer
Average restoration time (CAIDI): 240 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: 0.4 GWh
Wholesale power purchased: 508 GWh
Winter peak demand: 73 MW
Energy losses: 5.2% of energy handled
Meters & rooftop solar (2025)
Smart (AMI) meters: 1.9% of 35,154 meters
Customer-sited generation (net metering): 660 installations, 4.4 MW of capacity
Counties served
Kenai Peninsula, 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¢
- Golden Valley Elec Assn Inc - 48,554 customers, residential 31.47¢
- 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 #19558 in the EIA frame.