Alaska · Grant
Alaska Renewable Energy Fund
Upfront funding for residential and commercial solar installs in Alaska -- see the amount, who qualifies, and the payback impact below.
- Varies by project
- stated benefit
- Residential +
- eligible customers
- 17 yr
- Alaska baseline payback
- 2
- other Alaska programs
What it means
In Alaska, a 6 kW system already pays back in about 17 years on ~$1,340/year of modeled savings, and the Alaska Renewable Energy Fund stacks on top of that, on top of any federal credit.
- Varies by proj…
- stated benefit
- 17 yr
- baseline payback (pre-incentive)
- 3
- Alaska programs that stack
- full
- net-metering policy
Payback and savings are modeled from public NREL/EIA data; the program benefit is summarized from DSIRE and may change.
Program description
AEA awards grants for renewable energy feasibility studies and project construction.
Program at a glance
- Program type
- Grant
- Eligible customers
- Residential & commercial
- Stated benefit
- Varies by project
- State electricity rate
- 22.5¢/kWh
- Alaska solar score
- 10/100
How Alaska compares to the U.S. average
Why this incentive matters more (or less) here - Alaska's solar fundamentals against the national average.
Source: NREL irradiance and U.S. EIA rates; payback modeled by PlainSolarData. Bars are scaled to the larger of the two values per metric.
Alaska's solar incentive stack
How this grant sits among Alaska's 2 tracked programs, by type
- Tax exemption
Tax exemption
1 programs
- Grant
Grant
1 programs
What this shows Of Alaska's 2 tracked incentive types, 1 are grants like this one -- upfront funding rather than a tax benefit, stacking with the state's other stacked incentive types.
How this incentive fits Alaska's solar picture
The Alaska Renewable Energy Fund provides upfront funding rather than a tax benefit, one of Alaska's solar incentive programs tracked in DSIRE. Eligibility is scoped to residential and commercial customers, with a stated benefit of Varies by project. DSIRE lists no scheduled sunset, though enabling legislation and appropriations can still be revised year to year.
That baseline is slower than most states, which raises the stakes for every incentive on the table. Alaska averages 3.4 kWh/m²/day of usable sunlight and residential rates of 22.5¢/kWh, producing an estimated 5,957 kWh/year and $1,340 of annual utility offset on a typical 6 kW system costing $22,800. That baseline already implies a 17-year simple payback and a 25-year modeled net of roughly $10,700 before this incentive - every dollar this grant delivers compresses that payback further.
A handful of other levers are worth checking alongside this one. Alaska has 3 solar incentive programs indexed in DSIRE, including adjacent options like Alaska Solar Property Tax Exemption. The state's net-metering policy is classified as full, which governs how excess generation is credited and often decides whether a given program is worth claiming for a specific household.
Your next step
- See Alaska's full solar profile, score, irradiance, rates, payback, and every program you can claim. Alaska solar data
- Run the savings calculator with your real bill to see how this incentive changes your own payback. ROI calculator
- Read how state and federal solar credits work together. Tax-credit guide
Estimates here are modeled from public data and are not financial advice; confirm program terms and your own eligibility before relying on a dollar figure.
Other Alaska incentives
Frequently asked questions
What is the Alaska Renewable Energy Fund?
How does the Alaska Renewable Energy Fund work?
Who is eligible for the Alaska Renewable Energy Fund?
How does this incentive affect solar ROI in Alaska?
Are there other solar incentives in Alaska?
Incentive data from the DSIRE (Database of State Incentives for Renewables & Efficiency); state solar economics from NREL and the U.S. EIA. See our methodology.