WattBuy’s Guide toElectricity in
Electricity in
Fairbanks
Alaska
Alaska
Here's the average monthly bill, usage, and carbon footprint of residents in Fairbanks
January
$915highestFebruary
$870March
$774April
$419May
$267June
$218lowestJuly
$227August
$227September
$284October
$554November
$804December
$886Carbon Emissions
2,059 lbs CO₂
Monthly Usage
2,169 kWh
Fairbanks's energy comes from Natural Gas, Hydroelectric, Petroleum, and Coal. Natural Gas is the largest source of electricity, providing 41% of Fairbanks's energy. Hydroelectric is the second largest source, making up 31%. Petroleum provides 15% of the energy in Fairbanks. Coal provides 12% of the energy in Fairbanks.
41%
Natural Gas
31%
Hydroelectric
15%
Petroleum
12%
Coal
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
830 kWh
Energy generated by average sized system
$17,959
Average system cost
(after federal incentive)
10 years
Payback period
Net metering policies in Fairbanks can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Golden Valley Elec Assn Inc has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential | Fixed | 27¢ |
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