Cost & Savings Breakdown
Based on $150/month electric bill in Anchorage
System Size
6.2 kW
Annual Production
5,771 kWh
Gross System Cost
$23,468
Federal Tax Credit (30%)
-$7,041
State Incentive
-$500
Net Cost
$15,928
Monthly Savings
$122
CO₂ Offset/yr
5,309 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityChugach Electric
Net Metering PolicyModified Net Metering
Compensation RateAvoided cost rate
Capacity Limit25 kW limit
Electricity Rate$0.253/kWh
Peak Sun Hours3.2 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Alaska State Incentive — Alaska provides a rebate of up to $500 for solar installations.
Common Questions
How much does solar cost in Anchorage?
Solar in Anchorage, Alaska costs approximately $23,468 for a 6.2 kW system. After the 30% federal tax credit, your net cost is about $15,928.
What is the solar payback period in Anchorage?
The estimated payback period for solar in Anchorage is 10.9 years, based on a $150/month electric bill and local sun hours of 3.2 hrs/day.
Does Chugach Electric offer net metering?
Chugach Electric offers Modified Net Metering net metering. Avoided cost rate.