Estimated Savings for a Typical Alaska Home
Based on a $150/month electric bill
System Size
6.4 kW
Gross Cost
$24,235
Federal Credit
-$7,270
State Incentive
-$500
Net Cost
$16,464
Annual Savings
$1,460
Payback Period
11.3 yrs
25-Year Savings
$33,406
CO₂ Offset/yr
5,996 lbs
Alaska Solar Incentives
30%
Federal Investment Tax Credit (ITC)
Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.
$500
Alaska State Incentive
Alaska provides a rebate of up to $500 for solar installations.
Net Metering Policy: Modified Net Metering
Top utility in Alaska: Chugach Electric. View full incentives detail →
Solar Costs by City in Alaska
| City | Annual Savings | Payback (yrs) | Population ↓ | Utility |
|---|---|---|---|---|
| Anchorage | $1,460 | 10.9 | 291,247 | Chugach Electric |
| Juneau | $1,460 | 14.8 | 31,974 | Alaska Electric Light |
| Fairbanks | $1,460 | 12.9 | 31,516 | Golden Valley Electric |
| Wasilla | $1,460 | 12.2 | 10,256 | Matanuska Electric |
| Sitka | $1,460 | 12 | 8,493 | Alaska Power & Telephone |
| Ketchikan | $1,460 | 14.3 | 8,201 | Alaska Power & Telephone |
| Kenai | $1,460 | 11.2 | 7,413 | Homer Electric |
| Palmer | $1,460 | 13.1 | 7,090 | Matanuska Electric |
| Kodiak | $1,460 | 11.3 | 6,130 | Kodiak Electric |
| Homer | $1,460 | 12.4 | 5,566 | Homer Electric |
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Quick Facts: Alaska
- ⚡ Avg rate: $0.224/kWh
- 🌞 Peak sun: 3.5 hrs/day
- 🏭 Top utility: Chugach Electric
- 📋 Net metering: Modified Net Metering