Is solar worth it in 99701 (Fairbanks, AK)?

With an average payback period of 18.6 years and 25-year savings of $22,550, solar panels in Fairbanks, Alaska can be worthwhile with available incentives.

How much do solar panels cost in 99701?

The average cost of a 6kW residential solar system in Fairbanks, Alaska is $16,800 before incentives. The federal 30% Investment Tax Credit reduces this to about $11,760.

How much solar electricity does 99701 get?

Fairbanks receives 2.21 kWh/m²/day of solar irradiance. A 6kW system in zip code 99701 produces approximately 3,872 kWh per year.

Solar Panel ROI in 99701

Fairbanks, Alaska — Is solar worth it here? Here's what the data says.

1.3x ROI Score

18.6 yrs Payback Period

$902/yr Annual Savings

$22,550 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $902

Payback 18.6 yrs

25-yr savings $22,550

Solar Calculator for 99701 (Fairbanks)

Adjust values to see your personalized solar ROI estimate for Fairbanks, Alaska.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

2.21 kWh/m²/day

Based on NREL data for Fairbanks, AK

ROI Score 1.3x

Annual Production 3,872 kWh

Annual Savings $902

Payback Period 18.6 years

25-Year Savings $22,550

After 30% ITC $11,760

Solar Data for 99701 – Fairbanks, AK

Solar Irradiance 2.21 kWh/m²/day -55.4% vs national avg

vs Alaska Avg -7.9% State avg: 2.4 kWh/m²/day

Electricity Rate $0.233/kWh Alaska average rate

Annual Production 3,872 kWh 6kW system estimate

Fairbanks receives 2.21 kWh/m²/day (55.4% below national avg). Despite $0.233/kWh electricity, the 18.6-year payback reflects regional challenges. The 30% federal ITC and state programs can significantly improve the ROI.

Solar Incentives for Fairbanks, Alaska

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $16,800 system, that's $5,040 back.

★

Net Metering

Most Alaska utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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Alaska State Programs

Check with the Alaska energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Fairbanks.

99701 vs Alaska Average

Solar Irradiance

99701: 2.21 AK avg: 2.4

Payback Period

99701: 18.6 yrs AK avg: 17.4 yrs

Annual Savings

99701: $902 AK avg: $963

25-Year Savings

99701: $22,550 AK avg: $24,075

See the full Alaska solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

99501 Anchorage, AK 1.4x ROI 17.7 yr payback 98201 Everett, WA 1.2x ROI 20.8 yr payback 98103 Seattle, WA 1.2x ROI 20.7 yr payback 98125 Seattle, WA 1.2x ROI 20.7 yr payback 98101 Seattle, WA 1.2x ROI 20.7 yr payback