Solar power in Juneau, Alaska
Alaska Electric Light & Power (AEL&P) offers Juneau solar customers net metering.
Juneau residents can also take advantage of the solar tax credit. The tax credit is equal to big chunks of the cost of a solar system - 26% in 2020 - and is applied to your federal income taxes. In some cases, the credit could wipe out your entire tax bill for a year!
The combination of the federal tax credit and AEL&P’s net metering program can provide you with a great return on investment when installing a solar system in Alaska.
Net Metering Broken Down
Through their net metering program, excess generation produced by a solar system will be credited by AEL&P at the avoided cost rate of electricity. Though it is less than the retail rate, it is still extra money in your pocket that can be used to help cut utility bill costs.
The average cost of installing residential solar panels in Juneau,
Alaska in 2024 is
$2.76 per watt. The average system size
in the US is 6 kilowatts, which means the average price of a solar system
in Juneau, AK
is $13,800.
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.
What if my tax liability is less than 26% of my systems costThere is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in Alaska is only 842kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Juneau solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our Alaska solar savings calculator can do this because it contains a database of the electric rates charged by Alaska Electric Light & Pwr Co
How much can solar panels save you in Juneau
What does the cost of a real solar system look like?
Facts about installing a 12.45kW solar system in Juneau, AK
This system would offset 100% of your energy usage if your typical monthly bill is $98, however your situation may vary so try our Juneau solar calculator to get a result tailored to you.
$22,111
Net cost of system
13 Years 11 Months
Average payback time
8,166 kWh
Annual power production
11¢/kWh
Levelized cost of solar energy
26¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 12.45kW system
Life-time savings on this system over the next 25 years
$20,274
(Prices shown after repayments of capital)
2
Solar companies in Juneau, AK that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Juneau
| System Size |
Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
|---|---|---|
| 3kw | $6,704 | $7,241 |
| 4kw | $8,673 | $9,367 |
| 5kw | $10,508 | $11,349 |
| 6kw | $12,254 | $13,235 |
| 7kw | $13,831 | $14,937 |
| 8kw | $15,274 | $16,495 |
| 9kw | $16,583 | $17,910 |
| 10kw | $17,760 | $19,181 |
Find out what system size you need for your home
Going solar in Alaska
Check out all of the ways energy providers of Alaska can help you be more energy efficient and save money.
The following programs are available:
| Incentive Name | Eligibility | Type |
|---|---|---|
| Residential Renewable Energy Tax Credit | Federal | Personal Tax Credit |
| Net Metering | State | Net Metering |
| Property Tax Exemption for Renewable Energy Systems (Local Option) | State | Property Tax Incentive |
Find your local rebates and incentives
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.
