Cost & Savings Breakdown
Based on $150/month electric bill in Kodiak
System Size
6.4 kW
Annual Production
5,771 kWh
Gross System Cost
$24,225
Federal Tax Credit (30%)
-$7,268
State Incentive
-$500
Net Cost
$16,458
Monthly Savings
$122
CO₂ Offset/yr
5,309 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityKodiak Electric
Net Metering PolicyModified Net Metering
Compensation RateFull retail rate
Capacity LimitCheck with utility
Electricity Rate$0.253/kWh
Peak Sun Hours3.1 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 Kodiak?
Solar in Kodiak, Alaska costs approximately $24,225 for a 6.4 kW system. After the 30% federal tax credit, your net cost is about $16,458.
What is the solar payback period in Kodiak?
The estimated payback period for solar in Kodiak is 11.3 years, based on a $150/month electric bill and local sun hours of 3.1 hrs/day.
Does Kodiak Electric offer net metering?
Kodiak Electric offers Modified Net Metering net metering. Check with your utility for current compensation rates..