Solar energy is a clean, renewable, and sustainable source of energy that can benefit homeowners in Atqasuk, Alaska. With an average of 206 days of sunshine per year, Atqasuk has excellent solar energy potential. By harnessing the power of the sun, homeowners can reduce their reliance on traditional energy sources like coal and natural gas, which are expensive and harmful to the environment. Homeowners who install solar panels on their roofs can generate their own electricity and save money on their monthly utility bills. Solar energy systems have a long lifespan of about 25-30 years, making them a wise and cost-effective investment. In addition to the financial benefits, solar energy can also provide homeowners with peace of mind knowing that they are doing their part to protect the environment.
In addition to the direct benefits of solar energy for homeowners, Atqasuk can also benefit from the economic development that solar energy can bring. The installation of solar panels creates jobs and stimulates the local economy. Additionally, solar energy can help Atqasuk reduce its dependence on imported energy, which can make the community more resilient to economic shocks. Overall, solar energy is a win-win for homeowners and Atqasuk. It is a clean, renewable, and sustainable source of energy that can provide homeowners with financial savings, peace of mind, and a sense of environmental responsibility. It can also help Atqasuk grow its economy and become more resilient to economic shocks.
A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².
The average residential electricity rate in Atqasuk is 0.10 Cents per Kilowatt Hour.
There are 20 solar policies and incentives in the state of Alaska. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy. View all Incentives and Tax Credits in Alaska on dsireusa.org.
At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in Atqasuk.
Solar energy is a renewable, carbon-free resource so it can help Atqasuk to combat greenhouse gas emissions and reduce dependence on fossil fuels. While there are what some call hidden carbon footprints regarding the manufacturing of solar panels, once installed, it is carbon free. In order for the panels to be carbon neutral meaning save more than was used during manufacturing, the solar panels will need to be in operation for 3 years. After these 3 years, the system will remain carbon neutral for the rest of its lifespan. The carbon footprint of solar panel’s is around 20% less than the carbon output of electricity sources powered by coal. Furthermore, for a system size of 6kw, there is a reduction of around 6.3 metric tons of carbon emission per year.
The Solar Investment Tax Credit, also known as the Federal Solar Tax Credit, aims to help grow solar energy in the United States. In order to help reduce the initial cost of solar, all U.S. solar customers are eligible for a tax credit for 26% off their solar system if it is installed and turned on, generating power, by the end of 2022. This tax credit can be claimed by any U.S. homeowner as long as the system is on your primary or secondary residential location. This incentive is time sensitive as in 2024 it will not be available to homeowners. Additionally, the percentage decreases in 2023 to 22%. Learn more about the Federal Solar Tax Credit at Energy.gov.
The National Renewable Energy Laboratory says that installing solar panels is viewed as an upgrade and homebuyers across the country are willing to pay a premium for the economic and environmental benefits of a solar home. Additionally, homes with solar panels often sell faster than those without. The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in Atqasuk . More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.
It is no surprise that electricity costs have been increasing. The cost of electricity has risen dramatically in the last ten years and that trend is expected to continue in Atqasuk, Alaska. Read more about the rising electricity costs on Energy Information Administration page. According to the Energy Information Administration, the average nominal retail electricity price paid by U.S. residential electric customers rose at the fastest rate since 2008, increasing 4.3% from 2020 to 13.72 cents per kilowatthour in 2021. Solar panels are like an insurance policy against increasing electricity rates. With home solar, you get the power to control your energy’s future.
All facts, figures, and information contained on this pages are generalizations for information purposes only. The specific figures for your address may vary. The Solar landscape is constantly evolving but here a few additional resources for you to stay up to date https://www.eia.gov/, https://www.seia.org/resources and https://www.energy.gov/solar.
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