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SOLAR PANELS IN PILOT POINT, AK

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solar payback
AVERAGE PAYBACK
PERIOD
8 YEARS
solar money
20 - YEAR
SAVINGS
$20,150
solar casg
SOLAR PANEL COST
PER WATT
$1

THE BENEFITS OF SOLAR IN PILOT POINT

Solar energy has become a popular choice for homeowners in Pilot Point, Alaska, due to its many benefits. One of the main reasons for this is the cost-saving potential of solar energy. By using solar panels to generate electricity, homeowners can significantly reduce their monthly energy bills. In Pilot Point, where the average household spends about $200 per month on electricity, switching to solar can result in significant savings over time. Additionally, the state of Alaska offers a variety of financial incentives for homeowners who invest in solar, such as tax credits and rebates, making it even more cost-effective. With the ever-increasing prices of traditional energy sources, going solar can provide a long-term solution for homeowners in Pilot Point to save money on their energy expenses. In addition to cost savings, solar energy also has a number of environmental benefits. Solar energy is a clean and renewable source of energy, meaning it does not produce any emissions that contribute to air pollution or climate change.

In a state like Alaska, where the environment is a top priority, switching to solar can help reduce carbon emissions and contribute to a cleaner and greener future. Additionally, solar energy systems have a long lifespan, with most panels lasting over 25 years, making it a sustainable option for homeowners. By going solar, homeowners in Pilot Point can reduce their carbon footprint and do their part in protecting the beautiful natural landscape of their city. Furthermore, installing solar panels on homes can also increase their property value. Studies have shown that homes with solar panels sell for more money than comparable homes without solar panels. This is because solar panels are seen as a desirable feature by many homebuyers. As a result, installing solar panels can be a smart investment for homeowners in Pilot Point. Overall, solar energy offers numerous benefits for homeowners in Pilot Point, from cost savings to environmental preservation. If you are a homeowner in Pilot Point, Alaska, and you are interested in making your home more energy-efficient, solar energy is a great option to consider.

LITTLE BIT MORE ABOUT SOLAR PANELS IN PILOT POINT

solar panels
2.5 HOURS PEAK SUN

A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².

solar panels
0.10 ELECTRICITY RATE

The average residential electricity rate in Pilot Point is 0.10 Cents per Kilowatt Hour.

solar panels
20 INCENTIVES AND TAX CREDITS

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.

WHY SHOULD YOU CONSIDER GOING SOLAR IN PILOT POINT

  • YOU CAN SAVE ON YOUR UTILITIES BILL

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 Pilot Point.

  • REDUCE YOUR CARBON FOOTPRINT IN Pilot Point

Solar energy is a renewable, carbon-free resource so it can help Pilot Point 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.

  • TIME SENSITIVE INCENTIVES

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.

  • IMPROVE THE VALUE OF YOUR HOUSE IN Pilot Point

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 Pilot Point . More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.

  • FIGHT AGAINST RISING ELECTRICITY COSTS IN Pilot Point

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 Pilot Point, 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.

SINCE 2018 PEOPLE IN ALASKA HAVE SAVED ON AVERAGE $20,150

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Disclaimer

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.

The Quote Match is part of an integrated solar and home services marketplace and is not a solar installer, contractor, or government agency.© 2022 All Rights Reserved.