Alaskans looking to invest in solar panels or other renewable energy infrastructure for their homes will likely have some new options in the next few years. The state is setting up a new “green bank” that aims to help Alaskans keep their power costs down and speed the transition to renewable energy.
The legislation creating Alaska’s green bank hasn’t been signed into law yet — it’s awaiting a few final checks before Gov. Mike Dunleavy’s signature — but Chris Rose, who has led the nonprofit Renewable Energy Alaska Project for two decades, is excited.
“I think the green bank can actually play a pretty big role in helping people get upfront capital to do the kinds of projects that they want to do, but they just don’t have that money,” Rose said in a phone interview.
By Eric Stone, Alaska Public Media – Juneau – May 23, 2024