Solar Panel Cost & Payback in Alaska
Home solar in Alaska pays back in a median 12.8 years across the 20 places we cover, at an average electricity price of 27.1¢/kWh and about $3.60 per watt installed. Kenai has the fastest payback (12.0 years).
Solar estimates for Alaska cities and towns
Sorted by fastest payback. Each figure is for a system sized to an average Alaska home (578 kWh/month).
| Place | kWh per kW | System | Cost | Payback | 25-yr savings |
|---|---|---|---|---|---|
| Kenai | 989 | 7.2 kW | $25,920 | 12.0 yrs | $35,769 |
| Kalifornsky | 987 | 7.2 kW | $25,920 | 12.0 yrs | $35,644 |
| Badger | 959 | 7.6 kW | $27,360 | 12.4 yrs | $35,781 |
| Eagle River | 947 | 7.6 kW | $27,360 | 12.5 yrs | $34,991 |
| Sterling | 946 | 7.6 kW | $27,360 | 12.5 yrs | $34,925 |
| Knik-Fairview | 932 | 7.6 kW | $27,360 | 12.7 yrs | $34,003 |
| Lakes | 930 | 7.6 kW | $27,360 | 12.7 yrs | $33,871 |
| Tanaina | 930 | 7.6 kW | $27,360 | 12.7 yrs | $33,871 |
| Elmendorf Air Force Base | 930 | 7.6 kW | $27,360 | 12.7 yrs | $33,871 |
| Meadow Lakes | 925 | 7.6 kW | $27,360 | 12.8 yrs | $33,542 |
| Fairbanks | 924 | 7.6 kW | $27,360 | 12.8 yrs | $33,476 |
| College | 923 | 7.6 kW | $27,360 | 12.8 yrs | $33,410 |
| Anchorage | 922 | 7.6 kW | $27,360 | 12.8 yrs | $33,345 |
| Wasilla | 921 | 7.6 kW | $27,360 | 12.8 yrs | $33,279 |
| Palmer | 917 | 7.6 kW | $27,360 | 12.9 yrs | $33,015 |
| Bethel | 909 | 8.0 kW | $28,800 | 13.0 yrs | $34,199 |
| Kodiak | 799 | 8.8 kW | $31,680 | 14.5 yrs | $29,232 |
| Sitka | 731 | 9.6 kW | $34,560 | 15.7 yrs | $26,235 |
| Ketchikan | 731 | 9.6 kW | $34,560 | 15.7 yrs | $26,235 |
| Juneau | 695 | 10.0 kW | $36,000 | 16.4 yrs | $24,209 |