Billowatt

Cost to Run a Tankless Electric Water Heater in Alaska

Alaska's average residential electricity rate is 28.2¢/kWh as of May 2026 — the 45th cheapest in the country, 53% above the U.S. average. At typical usage (0.7 hours/day), a tankless electric water heater here costs $108 per month.

Per hour

$5.08

at 13,000–27,000 W

Per day

$3.55

0.7 hours/day

Per month

$108

383 kWh

Per year

$1,297

4,599 kWh

By usage level in Alaska

Usage Per day Per month Per year
Light (0.5 hrs/day) $1.78 $54.01 $648
Typical (0.7 hrs/day) $3.55 $108 $1,297
Heavy (1.4 hrs/day) $7.11 $216 $2,594

Alaska vs. the rest of the country

Monthly cost at typical usage.

Alaska $108
West average $76.25
U.S. average $70.48

Frequently asked questions

How much does it cost to run a tankless electric water heater in Alaska?

At Alaska's current average residential rate of 28.2¢/kWh (May 2026), a tankless electric water heater with typical usage costs about $3.55 per day, $108 per month, or $1,297 per year.

Is running a tankless electric water heater in Alaska more expensive than average?

Yes. Alaska's electricity costs about 53% more than the U.S. average, so the same usage costs $108 per month here versus $70.48 nationally.

What does electricity cost in Alaska right now?

Alaska residents pay an average of 28.2¢ per kWh as of May 2026 — the 45th cheapest rate of the 51 U.S. jurisdictions we track.

Tankless Electric Water Heater costs in nearby states

What else costs to run in Alaska

See the full Alaska electricity cost guide →