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Energy

your electric bill just jumped

If you live in the Mat-Su Valley, your next power bill is about to sting a little more, and here's exactly why it's happening.

Daily Alaska staff · July 16, 2026

And for a typical Valley home, that's about fifteen dollars more every single month.

If you get your power from the co-op that serves the Valley, Palmer, and out toward Eagle River, this one lands starting in the third quarter, the summer stretch. The fuel part of your bill is climbing almost thirty percent.

Now here's the part that matters. Your base rate, the piece that keeps the poles and wires running, didn't change at all. This is purely the cost of fuel and power getting passed straight through to you, with no markup on top.

In other words, this isn't the co-op padding its pockets, it's the raw price of keeping your house warm and lit. So why now? We had a colder than expected spring, so more gas got burned just to keep the lights on.

There was less cheap hydro power to go around, and there are new costs just to store natural gas for later. The co-op says this should ease back down once that shortfall gets paid off.

That's small comfort when the bill hits. For a family already stretching every paycheck, another fifteen dollars a month is one more increase nobody was hoping to see. The co-op says it isn't permanent, but in a time when it feels like everything costs more, that's still another line item to squeeze into the budget.

Sources

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